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CFFO Blog's Blog – December 2010 Archive (4)

The CFFO Commentary: Christmas and the Difference it makes for Farming

By John Clement

December 24, 2010



I'm not by nature a person devoted to creeds and confessions, but every once in awhile something will strike me as particularly meaningful in one of those documents. At this Christmas season, some of the words found in the beginning of the Heidelberg Catechism strike me as appropriate. The question is asked "what is your only comfort in life and death?"… Continue

Added by CFFO Blog on December 24, 2010 at 6:34am — No Comments

The CFFO Commentary:Farm Policy Increasingly Needs to Pay Heed to the “Missing Middle”

By John Clement

The challenges of farm policy used to be simpler. Most farms in most commodities were about the same size and generated somewhat comparable farm revenues. But those days have been leaving us for awhile now, with new challenges emerging about how to deliver public support that is both fair and appropriate to changes in the scale of production. 

 Increasingly, farming and public interest groups are noting that we are starting to experience what could be called the…

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Added by CFFO Blog on December 17, 2010 at 7:00am — No Comments

The CFFO Commentary: Farmers Matter and Need to Build Goodwill with Consumers

By Henry Stevens

There is general agreement in the farm community that a number of our commodities are in serious financial difficulty and face an uncertain future. There is also general agreement on why family farms in those sectors are facing such difficulties. Where there is less agreement is “how do we solve those problems and…

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Added by CFFO Blog on December 10, 2010 at 6:13am — No Comments

The CFFO Commentary: New Agricultural Opportunities in Bio-Products

By Nathan Stevens

There are some industry leaders that would argue that one of the greatest opportunities for farmers in the next 20 years will be the development of the bio-products sector. At a recent information session held by the Wellington…

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Added by CFFO Blog on December 3, 2010 at 4:45am — No Comments

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

Farming Forward in Watford scheduled for Dec. 1

The event will provide farmers with information about farm transition and funding opportunities

Canada and China extend Preliminary Joint Agreement until 2028

The extension means continued tariff-free access for canola meal

Manitoba Dealer AgWest Seeks Lifeline

One of Manitoba's largest equipment dealership networks has been given a temporary lifeline to stay in business while it seeks new financing, pursues a sale or develops a restructuring plan, as the Manitoba Court of King's Bench granted protection from creditors. AgWest Ltd. could be heading toward liquidation as the company was unable to meet payroll obligations in the middle of harvest season, according to a document filed by the company's bank, the Bank of Montreal. AgWest serves farmers at six dealerships in Manitoba at Elie, Morden, Brandon, Neepawa, Russell and Benito, as well as two locations in Saskatchewan at Weyburn and Yorkton. AgWest Ltd. has defaulted on more than $34 million in loans, according to an opening brief in a restructuring proceeding under Canada's Companies' Creditors Arrangement Act. "Since 2026, the AgWest entities have experienced significant financial difficulties, including liquidity challenges and a general inability to meet their obligations as they

Deere Plans 2 Iowa Plant Closures

John Deere announced plans to close two Iowa manufacturing plants in the next few years and move production to other cities, in a news release from the company on Wednesday. Deere said it will be closing its plant in Ottumwa, Iowa, after moving windrower and round-baler production to Des Moines. In addition, the company said it will end manufacturing at its Hagie plant in Clarion, Iowa, after moving STS sprayer production to Louisiana. Windrower production plans to move to Des Moines by the end of 2027 and round balers would follow by the end of 2028, according to Deere, followed by the closure of the plant in Ottumwa. Hagie STS sprayer production is slated to move to Thibodaux, Louisiana, beginning in 2028 with manufacturing ending in Clarion, Iowa, by the end of 2029. John Deere did not provide employment numbers or say how many jobs would be affected, although other media outlets on Wednesday reported the company has about 700 workers at the Ottumwa plant. The number of employee

Diesel Fuel Waivers Bring Engine Compatibility Concerns and Tax Rule Questions

Responding to the surge in diesel fuel prices, federal and state lawmakers introduced temporary measures intended to provide economic relief. These actions raise questions about fuel use requirements and fuel taxation. “Temporary relief measures may help reduce operating costs, but diesel users should not assume that all diesel fuels are interchangeable,” said Allen Schaeffer, executive director of the Engine Technology Forum. “Understanding which fuel is appropriate for a particular engine and complying with tax and regulatory requirements can help avoid equipment damage, unnecessary maintenance costs, warranty concerns, and compliance issues.” Texas and Alaska get ULSD exemptions Ultra-low sulfur diesel (ULSD) is the standard diesel fuel used for both on-highway and off-highway applications throughout the United States, and it is regulated to a maximum sulfur content of 15 parts per million (ppm). On Oct 5, Texas was granted a waiver to supply diesel fuel with up to 500 ppm of sul

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