Ontario Agriculture

The network for agriculture in Ontario, Canada

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…

Continue

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…

Continue

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…

Continue

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

Sioux County Farmland Auction Shatters Iowa Record at $32,000 Per Acre

A historic farmland auction in Sioux County, Iowa, where a 35.5-acre tract sold for $32,000 per acre—setting a new state record for farmer-buyer purchases.

Sioux County Land Auction Shatters Iowa Farmland Record at $32,000 Per Acre

Zomer Company Realty & Auction oversaw a historic farmland auction in Sioux County, Iowa, where a 35.5-acre tract sold for $32,000 per acre—setting a new state record for farmer-buyer purchases.

Deere’s disappointing outlook shows farm recovery is elusive

Deere & Co.’s weak forecast for the year ahead reinforces the difficulty in predicting a recovery in the U.S. farm economy as uncertainty continues to swirl over the impact of tariffs and trade deals. Shares of the world’s biggest farm machinery maker fell as much as 5.7% in New York as the company’s first profit outlook for 2026 fell short of expectations. The forecast underscores how the agriculture sector remains in the dark even after a U.S. trade agreement resumes crop shipments to China. Farmers have been grappling with President Donald Trump’s tariff policies that squeezed demand and raised costs. While the recent deal with China is raising hopes, there’s still questions on whether the ramp-up of soybean and wheat sales will be enough to shake the US farm economy out of a years-long slump. “Deere’s widely underwhelming 2026 guidance suggests a more severe and prolonged agricultural downturn than we initially anticipated, though it offers clarity on trough earnings this cycle,

Scout Could Be Taking Its American Heritage A Little Too Far

Every car company is taking a slightly different approach when it comes to the sounds of their electric vehicles. Some are hiring famous composers, others are putting mics and amplifiers on the electric motor to pump up its natural vibrations. The reborn Scout is going to be doing something a little more... agricultural. It's heading back to its roots to make each Scout sound like a Scout. That might seem like a good idea, but in this case, its roots mean more than just cars. "All of the sounds inside the vehicle, we want them to feel authentic to us and unique," Scout Chief Design Officer Chris Benjamin told Automotive News at the LA Auto Show. To help make those authentic sounds, Scout has gone to great lengths by traveling to interesting locations across the country. One sound team headed to a farm in Adairville, Kentucky, Benjamin said. There, they put sound equipment in a silo to capture the noises of the farm. Why capture farm sounds? Because the original Scout was built by Int

Alberta farmers hold off on big purchases as crop prices drop — and big U.S. suppliers feel the effects

Faced with falling crop prices and rising costs, many farmers in Western Canada are squeezing as much life as they can out of older equipment — which they say works their fields just as smoothly as the new stuff. For Jason Schultz, the idea of buying vital equipment for his central Alberta farm, such as new tractors and combines, seems decidedly out of reach. “I just can’t make the numbers work,” Schultz said in a recent interview. “I haven’t purchased anything since 2022 and the last big purchase was (in) 2021. “The numbers just don’t pencil at all when you’re talking $400 an hour to run a tractor,” Schultz said, noting he has no plans to buy new machines anytime soon. New combines can often cost nearly $1 million, while tractors can soar upwards of $1.4 million. This frugality is weighing on some of the biggest companies in the industry. Deere & Co., the maker of John Deere tractors and other heavy equipment, said last week its net income dropped nearly 30 per cent to around US$

© 2025   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service