Insights and Stories on Drought

Jan. 30, 2019 at 7:05 pm CST

Some northern and southwestern Ontario producers who had to sell breeding livestock due to drought in the 2018 tax year can now defer chunks of the income from those sales when filing their income taxes. The federal government on Wednesday rolled out its final list and map of designated regions […]

By GFM Staff

Jan. 29, 2019 at 6:33 pm CST

In an unusual move, Agriculture and Agri-Food Canada has undertaken a third assessment for the federal livestock tax deferral. “Federal officials are currently finalizing the analysis to identify whether any additional regions have met the criteria for the livestock tax deferral,” AAFC spokesperson James Watson said. Under the deferral plan, […]

By Glen Hallick - MarketsFarm

Dec. 12, 2018 at 3:42 pm CST

CNS Canada — When it comes to Canadian pulse crops, David Newman of Commodious Trading says producers, speculators and processors are long — and that has been of great concern to him. “You have everybody wanting to sell and you better hope that there’s someone there to take all of […]

By Glen Hallick - MarketsFarm

Oct. 26, 2018 at 9:46 am CDT

Melbourne | Reuters – Drought is expected to cut eastern Australia’s crop production this year to less than half the average over the past 20 years, with New South Wales to be worst hit, the country’s agricultural commodities forecaster said on Friday. While some regions are facing the worst conditions […]

By Sonali Paul

Sep. 28, 2018 at 5:10 pm CDT

CNS Canada — A potential shortage of canola on Australia’s east coast has the oilseed industry there musing about the potential of importing Canadian canola to keep processing plants going. A story Tuesday on the Australian website Farm Online quoted Australian Oilseeds Federation CEO Nick Goddard as explaining the potential […]

By Ashley Robinson - MarketsFarm