Reading Time: 5 minutes As of Nov. 19, we estimate that Ontario farmers have harvested 93 per cent of soybeans and 50 to 60 per cent of corn. It’s hard to assess the corn progress given the recent weather. Ontario received 150 to 200 per cent of normal precipitation over the past 30 days. Many farmers are coming to […] Read more
Tag Archives Business/Finance
Ontario winter wheat acres likely to hit one million
Soybean exports look to be increasing from Canada
Smithfield looks through whole supply chain to limit carbon impact
Manure remains the largest impact on carbon for the worldwide swine production company
Reading Time: 3 minutes Smithfield Foods, the world’s largest producer and processor of hogs, has a significant plan to reduce carbon emissions from its operations. The company has set a goal of reducing its carbon emissions by 25 per cent by 2025 in its United States operations. Why it matters: Farmers are increasingly under pressure to reduce carbon emissions. […] Read more
Agri-food tech female leaders struggle to attract investment – report
Although women receive less capital than men, their businesses end up delivering far higher revenue — more than twice as much per dollar invested
Reading Time: 2 minutes Thomson Reuters Foundation – Female entrepreneurs in the food and agricultural technology industry received a tiny fraction of the $16.9 billion investment deals secured worldwide in 2018, a new report a recently released report says. Called “Money where our mouths are,” it is the first-ever study to document funding inequality for women trying to pave […] Read more
How the government is taxing income-splitting
What farm businesses need to know heading into year-end
Reading Time: 2 minutes In 2017, the federal government proposed changes to its tax on split income (TOSI). Since then, due in part to opposition by farmers and farm groups, those changes evolved. Now, after coming into effect for the 2018 tax year, financial advisers have more concrete knowledge of how TOSI actually applies. Why it matters: Tax on […] Read more
New trade order called bad news for Canada
A new report says Canada and its farmers aren’t equipped to deal with a move away from the ‘liberal world order’
Reading Time: 3 minutes Glacier FarmMedia – Farmers face a starkly worsened long-term world market for their crops and livestock, fears a Canadian agricultural economics analysis firm. And that means many basic assumptions of how farm markets and prices behave might have to be radically reconsidered. “Some of the assumptions of the liberal world order — price arbitrage and […] Read more
Benchmarketing projects aim to improve available farm data
Canadian and global numbers can help compare Ontario to other jurisdictions
Reading Time: 3 minutes The Ontario Ministry of Agriculture, Food & Rural Affairs is engaged in two benchmarking initiatives which aim to improve the quality of information comparing Ontario farms. Why it matters: Benchmarking can be an important tool to help farmers gauge costs and evaluate management practices. The new OMAFRA program involves working with the Ontario Farm Income […] Read more
Maple Leaf hits carbon neutral
The company has been working throughout its operations to reduce environmental impact
Reading Time: 2 minutes Maple Leaf Foods says its operations are carbon neutral, a status achieved through improvements in its own operations and investments in offsets elsewhere. The company claims to be the first major food company to be able to say that it is carbon neutral. Why it matters: Major operations decisions by large companies almost always have […] Read more
Ontario trade mission aimed to connect Ontario producers, processors with buyers
The trade mission visited Japan and South Korea
Reading Time: 2 minutes Ontario’s Agriculture Minister, Ernie Hardeman, along with representatives from Beef Farmers of Ontario, Ontario Pork and Grain Farmers of Ontario have completed their trade mission in Japan and South Korea. The objective of the mission, which took place Oct. 12 to 24 was to promote Ontario’s products to overseas markets, specifically pork, beef and soybeans. […] Read more
Beekeeper makes a big bet on bees
Dancing Bee is a rapidly growing supplier of all things honey. Here’s how they got there
Reading Time: 5 minutes For more than a decade, Todd Kalisz’s adaptability and business sense has meant success for his Dancing Bee Equipment in Canton. But the business, already the largest beekeeping supplier in Canada, is taking its next leap, growing hive numbers and honey processing capacity. Why it matters: Honey bee producer numbers are growing across Canada, and […] Read more
Chicken, egg farmers still looking for trade package
A package for dairy farmers was announced before the current federal election
Reading Time: 2 minutes Chicken and egg farmers continue to wait for a trade compensation package, which they had hoped to see before the current federal election. Their supply management cousins in dairy got the announcement they were looking for with a $1.75 billion package that will pay out $345 million in the first year of the seven-year program. […] Read more
