Machinery , Latest & Featured - Canadian Cattlemen

Baltic Dry Index hits two-year highs

By Phil Franz-Warkentin March 28, 2017

CNS Canada — Ocean freight rates are trending higher, with the Baltic Dry Index (BDI) hitting its highest level of the past two years on Tuesday. The BDI, compiled daily by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea, including grain. It was quoted Tuesday at […] Read more

Jeff Leal, Ontario’s minister of agriculture, food and rural affairs (fourth from left), announced the new Greenhouse Competitiveness and Innovation Initiative at a greenhouse in Bowmanville, Ont. (Photo courtesy OMAFRA)

Crops, Fruit/Vegetables, Machinery

Ontario greenhouse growers get competitiveness fund

By John Greig March 24, 2017

The Ontario government is putting $19 million into a new initiative to support the competitiveness of the greenhouse sector in the province. Provincial Agriculture Minister Jeff Leal announced the funding on Thursday at Link Greenhouse near Bowmanville, just east of Oshawa. The Greenhouse Competitiveness and Innovation Initiative aims to provide funding for the creation of […] Read more

General, Machinery

Saskatchewan cuts farm fuel tax exemptions in budget

By Canadian Cattlemen Staff March 22, 2017

“Purple gas” is about to become a quaint old figure of speech for Saskatchewan farmers as the provincial tax exemption for bulk gasoline for farm use ends April 1. The provincial government on Wednesday rolled out a budget designed to dial back the province’s reliance on resource revenue in the face of slumping markets for […] Read more

Crops, Machinery, Markets

Diesel prices soften, but watching U.S. infrastructure plan

By Dave Sims March 21, 2017

CNS Canada — Sinking prices for crude oil and a softer Canadian dollar have kept diesel prices relatively low for Canadian farmers in 2017, and they could be heading lower, as long as U.S. President Donald Trump’s infrastructure plan doesn’t get in the way. “I would probably say in Canada you’re going to see numbers […] Read more

Crops, Hay, Machinery

Technology could open up hay export markets for Ontario

By John Greig March 21, 2017

An Ontario hay co-operative hopes to have a double-compaction facility running by 2018, giving it access to global markets for hay. Ontario hay has traditionally been at a shipping cost disadvantage compared to most competitors, as hay headed for Asia or the Middle East has had to be shipped by rail to the West Coast. […] Read more

Prince Rupert’s Ridley Island is the planned site for Ray-Mont Logistics’ crop container loading facility. (CNW Group/Prince Rupert Port Authority)

Crops, Machinery

Prince Rupert expansion to handle crop containers

By Canadian Cattlemen Staff March 20, 2017

A Montreal logistics firm specializing in loading pulses and grains into containers for export out of Vancouver and Montreal plans to set up shop at Prince Rupert. The Prince Rupert Port Authority on Monday announced Ray-Mont Logistics is developing a logistics and container loading facility at the south end of the West Coast port’s Ridley […] Read more

Livestock, Machinery

Federal rules tightened for recreational drone use

By Canadian Cattlemen Staff March 16, 2017

Citing recent “reckless use of drones that is putting the safety of Canadians at risk,” the federal government has set up new temporary rules limiting where and when drones can be flown for the heck of it. Transport Minister Marc Garneau on Thursday announced an interim order with new rules for the recreational operation of […] Read more

Crops, Dairy Cattle, Forages, Machinery

Robot milker firm Lely to shed forage equipment business

By Canadian Cattlemen Staff March 13, 2017

Dutch dairy equipment manufacturer Lely, best known in the Canadian market for its robotic milking systems, plans to focus on that business and sell its forage equipment lines to Agco. The two companies announced Monday they have an agreement in principle for Lely to sell its forage division, including two German manufacturing plants, to U.S.-based […] Read more

Livestock, Machinery, Reuters

Caterpillar says compliant with tax laws after IRS claim

By Reuters March 11, 2017

Reuters — Caterpillar Inc. said Friday it was compliant with tax laws, a week after federal law enforcement officials raided three of the company’s buildings in connection with a probe into the heavy machinery manufacturer’s offshore tax practices. The Internal Revenue Service (IRS) has challenged the company’s taxes for the years 2007-2012, the company said […] Read more

Livestock, Machinery, Reuters

U.S. authorities raid Caterpillar’s Illinois facilities

By Timothy McLaughlin March 2, 2017

Chicago | Reuters –– U.S. federal law enforcement officials searched three facilities of heavy machinery manufacturer Caterpillar on Thursday, prompting a sharp sell-off in the company’s stock. A spokeswoman for the U.S. Attorney Office for the Central District of Illinois, Sharon Paul, confirmed that federal law enforcement officials conducted searches at locations in Peoria, East […] Read more

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Machinery

Baltic Dry Index hits two-year highs

Ontario greenhouse growers get competitiveness fund

Saskatchewan cuts farm fuel tax exemptions in budget

Diesel prices soften, but watching U.S. infrastructure plan

Technology could open up hay export markets for Ontario

Prince Rupert expansion to handle crop containers

Federal rules tightened for recreational drone use

Robot milker firm Lely to shed forage equipment business

Caterpillar says compliant with tax laws after IRS claim

U.S. authorities raid Caterpillar’s Illinois facilities

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