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(Photo courtesy Canada Beef Inc.)
Livestock, Weather

Drought-hit tax deferral zones named

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Reading Time: 2 minutes Ottawa has seen enough drought in parts of southwestern Alberta, southern and eastern Ontario and southwestern Quebec to offer deferrals on their ranchers’ 2016 income tax from breeding livestock sales. Agriculture Minister Lawrence MacAulay on Tuesday released the federal government’s initial list of municipalities designated for the 2016 deferral. In Alberta, those areas include Clearwater, […] Read more
(KramerAuction.com)
Crops, Machinery

Ritchie Bros. buys Saskatchewan’s Kramer Auctions

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Reading Time: 2 minutes One of the Prairies’ major farm auction houses has become part of the world’s biggest industrial auction firm. Vancouver-based Ritchie Bros. announced Tuesday it has bought Kramer Auctions of North Battleford, Sask. for an undisclosed sum. The company, set up in 1949 by the late Eiling Kramer, today runs about 75 on-farm dispersal auctions, four […] Read more
Kongskilde’s Vibro Till 2900 SF and other tillage equipment lines are set to become part of New Holland. (Kongskilde.com)
Crops, Machinery

New Holland buying into tillage equipment market

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Reading Time: 2 minutes U.S. ag equipment giant New Holland is set to enter the tillage equipment business and stretch out its space in the hay and forage market, with a deal for Danish manufacturer Kongskilde Industries. New Holland’s parent CNH Industrial on Monday announced it will buy Kongskilde’s agricultural “grass and soil” business from Dansk Landbrugs Grovvareselskab (DLG […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Forages, Weather

High-quality forages tougher to find this year

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Reading Time: 2 minutes CNS Canada — There seems to be no shortage of forages in Western Canada this year, as wet weather has allowed grasses to keep progressing at a steady rate. Finding high-quality hay could be the challenge, however, according to crop watchers in Saskatchewan and Manitoba. “It’s been tough for guys to put four to five […] Read more
(Deere.ca)
Crops, Machinery

Deere dealer chain Cervus to seek real estate buyer

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Reading Time: 2 minutes Prairie farm machinery dealer chain Cervus Equipment Corp. plans to sell about 10 properties where it now operates dealerships and become their long-term tenant. The publicly-traded Calgary company, which operates 72 farm and industrial equipment dealerships in Canada, Australia and New Zealand, said Tuesday it plans to seek out a sale-and-leaseback deal for about 10 […] Read more
(OntLA.on.ca)
Livestock

Ontario ag minister to get new powers on farm programs

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Reading Time: < 1 minute Ontario’s minister of agriculture is expected to get direct authority to set up farm programming, as part of a legislative package resurrected from this spring to cut regulatory red tape. Provincial Economic Development Minister Brad Duguid on Tuesday reintroduced the Burden Reduction Act, a package of amendments meant to “reduce regulatory burdens and practices that […] Read more
Crops, Machinery, Reuters

Ontario to scale back renewable energy purchases

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Reading Time: 2 minutes Toronto | Reuters –– Ontario will scale back its purchase of renewable power in a move expected to result in savings of up to $3.8 billion from a 2013 forecast, the provincial government said on Tuesday. It’s not clear consumers will benefit directly, though the province’s Energy Minister Glenn Thibeault told a news conference a […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets, Reuters

Western Feedlots closure seen hurting prices

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Reading Time: 2 minutes Winnipeg | Reuters — The closure of one of Canada’s biggest cattle feedlots is likely to depress prices of young cattle and the grains used to fatten them, and may increase sales to the U.S., industry officials say. Alberta-based Western Feedlots said Wednesday it will shut feeding operations early in 2017, citing poor market conditions […] Read more
GM’s 2016 Chevrolet Silverado 1500. (Chevrolet.ca)
Machinery, Reuters

Sources say GM to use Oshawa plant to expand pickup output

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Reading Time: 2 minutes Toronto | Reuters — General Motors will use its Oshawa, Ont. assembly plant to expand production of pickup trucks for the North American market if a tentative agreement with Canadian auto workers is ratified, sources familiar with Canadian labour negotiations said Wednesday. Oshawa’s manufacturing plant, which employs some 2,500 workers, will install component parts and […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets, Reuters

Major Alberta cattle feeder set to shut feedlots

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Reading Time: 2 minutes Reuters — One of Canada’s biggest cattle feeding operations, Western Feedlots, said Wednesday it will close feeding operations after marketing the cattle it currently owns, due to poor market conditions. Closure of Western’s feeding operations, likely early in 2017 once its current cattle are sold, will make it more difficult for ranchers to find markets […] Read more

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