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Agriculture and Agri-Food Canada’s final map of designated areas for the livestock tax deferral provision for the 2018 tax year, as of Jan. 30, 2019. (Agr.gc.ca)
Livestock, Weather

Livestock tax deferral map expands again for 2018

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Some northern and southwestern Ontario producers who had to sell breeding livestock due to drought in the 2018 tax year can now defer chunks of the income from those sales when filing their income taxes. The federal government on Wednesday rolled out its final list and map of designated regions for 2018 under its livestock […] Read more
Agriculture and Agri-Food Canada’s map of deferral-designated areas for the 2018 tax year as of Oct. 25, 2018. (Agr.gc.ca)
Beef Cattle, Livestock, Weather

Unusual third assessment run for livestock tax deferrals

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In an unusual move, Agriculture and Agri-Food Canada has undertaken a third assessment for the federal livestock tax deferral. “Federal officials are currently finalizing the analysis to identify whether any additional regions have met the criteria for the livestock tax deferral,” AAFC spokesperson James Watson said. Under the deferral plan, cattle producers affected by severe […] Read more
A file photo of Brazil’s Mata Atlantica (Atlantic rainforest). (FG Trade/E+/Getty Images)
General, Reuters, Weather

Brazil ag minister eyes indigenous land for commercial farming

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Brasilia | Reuters — Brazil should open indigenous land to commercial farming, Agriculture Minister Tereza Cristina Dias said on Friday, while also seeking to soften many of President Jair Bolsonaro’s controversial stances on native people and the environment. Farmers form a key base of support for right-wing firebrand Bolsonaro who since taking office Jan. 1 […] Read more
U.S. livestock: Cattle ease on technical selling ahead of storm
Livestock, Markets, Reuters, Weather

U.S. livestock: Cattle ease on technical selling ahead of storm

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Chicago | Reuters — Chicago Mercantile Exchange livestock futures were lower on Thursday, with live cattle prices easing from recent contract highs on technical selling ahead of a major winter storm forecast to hit U.S. cattle country, traders said. Feeder cattle futures fell to a roughly 1-1/2 week low, pressured in part by rising corn […] Read more
(Video screengrab from BJordan.liberal.ca)
General, Weather

Rural development strategy sought in federal shuffle

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Rural economic development has been given a promotion at the federal level in Prime Minister Justin Trudeau’s latest cabinet shuffle. In the shuffle, following the departure of Treasury Board president Scott Brison from cabinet, Trudeau on Monday called up Bernadette Jordan, MP for the southern Nova Scotia riding of South Shore-St.Margaret’s, to head a newly […] Read more
U.S. livestock: Live cattle hit contract highs on storm forecast
Livestock, Markets, Reuters, Weather

U.S. livestock: Live cattle hit contract highs on storm forecast

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Chicago | Reuters — Live cattle futures rose to life-of-contract highs at the Chicago Mercantile Exchange on Tuesday, lifted by worries that severe winter weather could prompt beef packers to pay higher prices for animals in the U.S. Plains, traders said. Technical buying and short-covering also buoyed cattle prices while lean hog futures finished narrowly […] Read more
A file photo of Brazil’s Mata Atlantica (Atlantic rainforest). (FG Trade/E+/Getty Images)
General, Reuters, Weather

Bolsonaro gives Brazil farm ministry powers on indigenous land

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Rio de Janeiro/Brasilia | Reuters — New Brazilian President Jair Bolsonaro issued an executive order on Wednesday making the agriculture ministry responsible for deciding on lands claimed by indigenous peoples, in a victory for agribusiness that will likely enrage environmentalists. The temporary decree, which will expire unless it is ratified within 120 days by Congress, […] Read more

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