Daily Network News

More News →

Dairy cattle

Canola oil was Canada’s second-highest-valued export in 2016, at US$2.3 billion. Photo: File
Crops, Livestock

Reports highlight strengths, weaknesses of Canadian ag exports

By
Reading Time: 3 minutes Commodity News Service Canada – There is room for improvement in the Canadian agricultural export market with competition from new markets globally, according to a pair of reports released by Farm Credit Canada. The FCC Ag Economics, Trade Ranking Report: Agriculture and FCC Ag Economics, Trade Ranking Report: Manufactured Food give overviews of Canada’s global […] Read more
Canada Beef Inc.
Crops, Livestock

Feds announce tax support for farmers

By
Reading Time: < 1 minute In a news release distributed today linked to Budget 2017, Agriculture and Agri-Food Minister Lawrence MacAulay announced tax relief to help farmers who received compensation under the Health of Animals Act from livestock destroyed due to the bovine tuberculosis outbreak in 2016 and 2017 in Alberta and Saskatchewan. The federal government also released its 2017 list of designated regions for livestock […] Read more
(MGC.com.au)
Dairy Cattle, Livestock, Reuters

Saputo woos Australia farmers in Murray Goulburn rebuild

By
Reading Time: 2 minutes Winnipeg | Reuters — Saputo, one of Canada’s largest dairy producers, aims to return Australia’s Murray Goulburn Co-operative to profit by aggressively pursuing more of the country’s milk supply, its CEO said on Thursday. The Montreal-based company agreed last week to buy the co-operative for C$1.3 billion including debt, and has already planned 15 meetings […] Read more
Japan’s Imperial Palace and Nijubashi Bridge, in Tokyo. (CIA.gov)
General, Markets, Reuters

TPP talks without U.S. near final stretch

By
Reading Time: 3 minutes Urayasu, Japan | Reuters — The 11 remaining nations in the Trans-Pacific Partnership (TPP) without the United States edged toward sealing a comprehensive free trade pact after New Zealand agreed to amend laws that are not subject to TPP, to enable its ban on foreign home purchases. The pact aims to eliminate tariffs on industrial […] Read more
(MGC.com.au)
Dairy Cattle, Livestock, Reuters

Saputo to buy Australian dairy co-op Murray Goulburn

By
Reading Time: < 1 minute Reuters — Murray Goulburn Co-operative, Australia’s largest milk processor, on Friday said it agreed to a buyout from Canadian dairy company Saputo worth up to A$637.8 million (C$627.5 million). Murray Goulburn (MG) said Saputo would pay between A$1.10-$1.15 per share, compared to its A$2.10 issue price when it listed in 2015. A total buyout value […] Read more
(Xplornet screengrab via YouTube)
General, Machinery

Xplornet to buy NetSet

By
Reading Time: 1 minute A rural broadband provider serving over 500 Manitoba municipalities and communities is set to be absorbed into one of Canada’s biggest rural operators. Xplornet Communications announced Monday it has signed a deal to buy the internet access business of Brandon-based NetSet Communications. Financial terms of the deal for the privately-held Manitoba company weren’t disclosed, except […] Read more
(Photo courtesy Canada Beef Inc.)
General

Greig: Federal tax backtracks aside, much of impact still unknown

By
Reading Time: 4 minutes The Canadian Association of Farm Advisors’ annual tax update showcased confusion and frustration at the federal government’s shifting plan to change how small business is taxed. “I was very, very offended by all of this,” said Kurt Oelschlagel, of BDO Canada, who was part of a panel on the government changes at the CAFA event, […] Read more
Tax return storage at the Canada Revenue Agency. (Canada.ca)
General

Ottawa scraps plans for new limits on capital gains

By
Reading Time: 3 minutes The federal finance ministry has backed away from proposed plans for new limits on capital gains exemptions, over concerns of “unintended consequences” for businesses such as farms. Finance Minister Bill Morneau on Thursday announced the federal government “will not be moving forward with measures that would limit access to the LCGE (lifetime capital gains exemption),” […] Read more
(AlbertaCheese.com)
Dairy Cattle, Livestock

Dairy co-op Gay Lea buys Calgary cheesemaker

By
Reading Time: 2 minutes Ontario dairy farmer co-operative Gay Lea Foods’ plans for expansion into Western Canada now include Calgary cheesemaker Alberta Cheese Company. Gay Lea announced Monday it has bought the family-owned processor, effective Friday (Oct. 13), for an undisclosed sum. Set up in 1976 by cheesemaker Frank Talarico, Alberta Cheese makes “traditional” Italian cheeses for sale under […] Read more
Foreign Affairs Minister Chrystia Freeland in Washington, D.C. on May 31, 2017. (Global Affairs Canada screengrab via YouTube)
Dairy Cattle, Livestock, Poultry/Eggs, Reuters

NAFTA negotiators trade barbs, agree on extension

By ,
Reading Time: 3 minutes Washington | Reuters — Trade negotiators from the U.S. and Canada accused each other of sabotaging attempts to renegotiate the North American Free Trade Agreement on Tuesday, even as they and Mexico agreed to extend talks into 2018. A round of talks in Washington that lasted seven days failed to find the most basic common […] Read more

AgCanadaTV

AgCanadaTV Special Feature: Crop pest insects to watch out for in 2026

Sponsored by:
More Videos →

Latest Market News

More Market News →