Reading Time: 2 minutes The Government of Canada has extended the tax deferral period for livestock producers affected by bovine tuberculosis in 2024 and 2025.
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Producers affected by bovine TB receive extended tax deferral
Mercosur and Canada near free-trade agreement with April talks
Reading Time: 2 minutes Canada and South America’s Mercosur bloc are advancing toward a free‑trade agreement that could be signed by the end of the year, with another round of negotiations scheduled for next month in Brasilia, according to three sources familiar with the talks.
WTO conference a ‘crucial moment’ for ag trade, CropLife warns
Reading Time: 4 minutes CropLife International says this week’s World Trade Organization ministerial conference in Cameroon marks “a crucial moment for the future of rules-based trade and the WTO itself.”
Federal government commits to national soil strategy as Black’s soil protection bill passes Senate
Reading Time: 3 minutes Bill S-230, the National Strategy for Soil Health Act, would develop a national strategy for soil health protection, conservation and enhancement based on recommendations from Black’s 2024 Senate soil health report: “Critical Ground”. It is expected to pass its third reading in the Senate on March 26.
‘We should always aim for free trade’: low tariffs not good enough say agriculture leaders on Hoekstra remarks
Reading Time: 5 minutes U.S. Ambassador Pete Hoekstra says Canada should make the case that it’s a good business parter so it can avoid high tariffs. Some Canadian agriculture experts say that’s already happening.
ICE Canada Weekly: More behind canola, soyoil than crude oil prices
Reading Time: < 1 minute There’s more to canola futures on the Intercontinental Exchange than crude oil and vegetable oils prices, said David Derwin, commodity futures advisor for Ventum Financial in Winnipeg.
Hormuz-driven fertilizer shortage could raise grain prices, Goldman Sachs says
Reading Time: 2 minutes Disruptions to nitrogen fertilizer supply through the Strait of Hormuz could reduce global grain yields and shift planting decisions, potentially lifting grain prices, Goldman Sachs said in a report on Tuesday.
Russia stops ammonium nitrate exports for one month amid global supply crunch
Reading Time: 2 minutes Russia, which controls up to 40 per cent of the global trade in ammonium nitrate, said on Tuesday it will stop exports of the fertilizer for one month until April 21 to ensure sufficient supply during the spring planting season.
Farmland climbs higher in spite of headwinds: Farm Credit Canada report
Reading Time: 3 minutes In a year with trade disruptions, higher input costs and economic uncertainty, agricultural land in Canada continued to climb higher in value
FCC raises inflation forecast on surging commodity prices
Canadian consumers may have little if any cushion remaining against future economic shocks, ag lender warns
Reading Time: 2 minutes Farm Credit Canada has raised its 2026 forecast for overall inflation as commodity prices spike due to war in the Middle East.