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Gus Ternoey's Blog – February 2012 Archive (3)

My OMAFRA troubles and my advice to avoid them

Its never nice to hear of someone facing problems, but its useful to take advantage of the opportunity to avoid them yourself.  My opinion of OMAFRA is greatly tainted, but I am open minded enough to realize most problems could have been avoided.  

At issue is the loss of the farm tax rebate which holds municipal tax rates to, well, basically the equivalent of where they alway were.  Without the rebate, taxes quadruple.  As it stands today, my issue is only with the 2012 tax year.  So…

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Added by Gus Ternoey on February 24, 2012 at 4:01pm — No Comments

The enemy to new farmers - OMAFRA

It has been a very busy couple of weeks.  Making headway on rebuilding my grain header, want to get that out of the way so I can start on the tractors and tillage equipment.  So although I was beginning to feel like I was making progress, in steps OMAFRA.  My farm doesn't qualify for the farm tax rate.  In the past, my father had recieved an exemption from the FBR system for religious reasons.  Having taken the decision to join the system rather than appose/avoid it, i opened up a can of…

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Added by Gus Ternoey on February 21, 2012 at 2:45pm — 1 Comment

The Farmer - A more global view

Thanks to the insistence of my wife, this past week was spent in the luxury of a Caribbean resort in Jamaica.  But credit to a day long excursion to an inland coffee plantation I returned home with more than a tan.  In our high quality of life society it is sometimes easy to overlook that we are the worlds wealthy and the vast majority of people in this world can only dream of the lifestyles Canada's lowest paid get to live.  The farmers I saw didn't get the option to own their land, or even…

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Added by Gus Ternoey on February 10, 2012 at 2:46pm — 1 Comment

Agriculture Headlines from Farms.com Canada East News - click on title for full story

Steady Pork Exports in September: An Encouraging Sign for Trade

USDA’s red meat export data for September, delayed by the recent government shutdown, showed a fairly steady performance for U.S. pork exports, matching year-ago value while down slightly in volume. Pork exports totaled 233,816 metric tons (mt) in September, down 2% from a year ago, reports the U.S. Meat Export Federation (USMEF). Export value held steady at $683.9 million, highlighted by the highest value on record for Mexico (nearly $260 million). The value of pork muscle cut exports trended higher in September ($586.2 million, up 1%), but pork variety meat exports declined, due in part to China’s retaliatory tariffs. Excluding China, September pork and pork variety meat exports were 4% above last year. “We are encouraged by the robust and resilient global demand for U.S. pork – especially in Mexico, but also in a broad range of international markets,” says USMEF president and CEO Dan Halstrom. Through the first three quarters of the year, pork exports were 3% below the record pac

Mexico Opens Trade Investigations Into Some U.S. Pork Imports

Mexico has opened an anti-dumping and anti-subsidy probe into U.S. pork leg and shoulder imports after domestic producers alleged unfair pricing and government support, the government said on Monday. The investigation will examine 2024 imports and their impact on Mexico’s pork industry from 2022 to 2024, Mexico’s Economy Ministry said in a publication in Mexico’s government bulletin. The probe, opened after petitions from five Mexican pork companies, covers U.S.-origin pork even if shipped via third countries and could lead to duties despite current tariff exemptions. The companies argue that imports from the U.S. rose steadily in recent years and that imports were sold at unfairly low prices and/or supported by subsidies, the economy ministry said.

U.S. Pork Outlook Shifts

The December WASDE report brings key changes for U.S. pork markets: lower production and exports for 2025, but stronger demand expected in 2026. Lean hog futures are rebounding with a V-shaped bottom

Ag in the House: Dec. 8 – 11

The House won’t sit again until Jan. 26

Record Corn Exports Highlight USDA December Grain Outlook

The USDA's December report showed support for corn exports, a neutral outlook for soybeans, and continued pressure on wheat prices, while global trade remains volatile.

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