Making money for the farm or from the farm?

Making money for the farm or from the farm?

Business Management: Ensure that you have a firm grasp of your numbers for better decision-making

This article was originally published by the Beef Cattle Research Council at beefresearch.ca.  Are you making money FOR the farm or FROM the farm?  If you are relying on off-farm income to cover the day-to-day expenses on the farm, you are subsidizing the farm with off-farm income — in other words, making money for the […] Read more

Workers in the JBS beef plant at Brooks, Alta. appear in a screen shot from a 2018 corporate video. (JBS Canada video screengrab via YouTube)

Changes to TFW program to expand worker availability

Workplace LMIAs now valid for 18 months

The federal government is boosting the availability of temporary foreign workers (TFWs) to ag and other understaffed sectors under a list of policy changes announced Monday. Employment and Workforce Development Minister Carla Qualtrough announced what’s called the Temporary Foreign Worker (TFW) Program Workforce Solutions Road Map, which the government said “marks the next step in […] Read more


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Pork industry looks ahead from turbulent 2021

Pork prices expected to stay elevated in 2022

MarketsFarm — Labour shortages caused by the COVID-19 pandemic, high feed costs and lower prices posed constant threats to Canada’s hog industry in 2021. Nevertheless, pork appears to be in a good spot entering 2022, according to two analysts. “2021 was not the best, but not the worst,” said Tyler Fulton, director of risk management […] Read more

(Video screengrab from CBSA-asfc.gc.ca)

Vaccine mandate to lead to inflation, empty shelves, trucking executives say

Parallel mandate for U.S. entry starts Saturday

Ottawa | Reuters — Canadian consumers should soon see higher prices and some empty shelves in supermarkets and other retail outlets because of disruptions stemming from a COVID-19 vaccine mandate for cross-border truckers, top trucking executives warned this week. The mandate, imposed by Ottawa to help curb the spread of the virus, has cost six […] Read more


File photo of an Ontario cherry orchard. (UpdogDesigns/iStock/Getty Images)

Ontario to extend labour-related crop loss coverage

Losses due to COVID-19-related labour disruptions covered

A temporary crop insurance expansion that covers Ontario farms against crop losses due to “on-farm labour disruptions” caused by COVID-19 will be held over for yet another year. Agricorp, the province’s farm program delivery agency, announced in late December the feature first introduced in 2020 will be included again in 2022, at the same coverage […] Read more



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U.S. packer profit margins jumped 300 per cent during pandemic, economists say

Increased costs don't explain higher profits, White House advisors say

Washington | Reuters — Four of the biggest meat-processing companies, using their market power in the highly consolidated U.S. market to drive up meat prices and underpay farmers, have tripled their own net profit margins since the pandemic started, White House economics advisers said. Financial statements of the meat-processing companies — which control 55 to […] Read more




(Dave Bedard photo)

Cost index up for CN, down for CP in grain revenue formula

CP expects lower labour costs, CN higher

Expected labour costs were the major difference in a new ruling on the index that determines how much revenue each of Canada’s big two railways get to keep in the coming crop year from hauling Prairie grain. The Canadian Transportation Agency (CTA) on Thursday announced its decisions on the volume-related composite price index (VRCPI) for […] Read more