Tag Archives Business/Finance

Northern land prices make farm expansion attractive
Highland Custom Farming brings its innovative approach to a new Iroquois Falls venture
Highland Custom Farming is expanding its successful model to Iroquois Falls where land is affordable, providing the next generation of farmers with options.

Year-end tax advice you don’t want to ignore
There are many strategies for tax deferral, but be strategic, says a tax specialist
It’s year-end tax strategy crunch time. For those farmers who had higher crop returns or have experienced an especially good year, Dec. 31 is the deadline to take advantage of […] Read more

Cannabis carries farm growth in otherwise average year
Crop receipts declined 1.1 per cent without cannabis numbers included
Glacier FarmMedia – New data from Statistics Canada shows farm cash receipts continue to trend upward, increasing in 2019 by 5.7 per cent or $66.1 billion to mark the ninth […] Read more
Ontario Federation of Agriculture to develop ag jobs support system
The Ontario Federation of Agriculture (OFA) has received funding to develop a comprehensive support system for agriculture and food employers and job seekers. The funding comes from the federal-provincial Canadian […] Read more
Fonterra says China dairy imports jump as lockdowns ease
Reuters – New Zealand’s Fonterra said recently that China’s global dairy import volumes climbed 10.1 per cent in March after two consecutive months of declines, as the world’s second-largest economy […] Read more

Lower U.S. and European wheat forecasts support prices
U.S.-China trade uncertainty limits market movement
Ontario temperatures averaged 3 C to 5 C below normal throughout May, while most of the growing region received 40 to 80 per cent of normal precipitation. Crop emergence was […] Read more

Weak loonie only gets Canadian farmers so far
Collapsing oil prices have weakened Canada’s currency, but only against the U.S. greenback, which dilutes the benefit
Glacier FarmMedia – The good news is that the Canadian dollar is likely to remain weak for the foreseeable future, according to most analysts. The bad news is that the […] Read more

Comparing farms highlights vulnerabilities
Benchmarking report identifies significant profitability differences among dairy and grain farms
Variations in debt load and per-acre profitability highlight vulnerabilities in Ontario’s dairy and crop sectors, according to the latest benchmarking report from BDO Canada. However, representatives from the financial firm […] Read more

The new paperless way
The COVID-19 pandemic response is driving farms and companies to paperless transactions
The COVID-19 crisis is forcing changes to how business is done in Ontario agriculture, driving a long-delayed move to digital business transactions. Deliveries from or visits to a supplier often […] Read more

Editorial: Farm management will be critical in 2020
Farmers should be able to get their crops planted this spring, although there are some challenges in the fruit and vegetables sector. We’re due for a decent growing year and […] Read more