USDA report mostly upbeat Sunday, February 10, 2013 by BETTER FARMING STAFFThe United States Department of Agriculture’s (USDA) 10-year forecast, issued today, predicts prices for major crops will decline in 2014 to 2015 and then increase from 2015 to 2022.“High commodity prices are projected to lead to record values of U.S. agricultural exports and U.S. net farm income in 2013,” the report says. “Grain and oilseed prices along with export values and farm cash receipts are then projected to decline in 2014 to 2015, but grow over the rest of the projection period as a return to steady domestic and international economic growth, a weaker dollar, and continuing production of biofuels support longer term demand for U.S. agricultural products.”The 10-year forecast, issued annually, is similar to Agriculture Canada’s medium-term, 10-year outlook. That forecast is expected by the end of the month. While the USDA report goes on for 56 pages, AgCanada’s report last year ran to three pages. The Canadian report acknowledges “short-term price forecasts” use USDA projections.Predictions for the livestock sector are variable. Feed costs are expected to fall and demand for meat to strengthen. Beef cattle prices are expected to strengthen through 2015 and then decline as production picks up. “Hog prices rise in the near term but then decline for several years as red meat production rises.” Milk prices are also expected to decline from 2012 to 2015 and then increase, due primarily to “efficiency gains in production.”David Sparling, chair in agri-food innovation at the Ivey School of Business, University of Western Ontario, says farmers shouldn’t hang production plans on 10-year projections.“Anything out that far is unlikely to be accurate,” he says, adding the projections could “provide some information on big trends to consider in your planning.”The full report's projections are based “on specific assumptions about macroeconomic conditions, policy, weather and international developments with no domestic or external shocks to global agriculture markets.” BF Provincial federation applauds new Ontario premier's commitment to agriculture Chicken Farmers of Ontario adjusts on-farm audit cycle
New Holland Marks 50 Years of Twin Rotor Innovation Friday, October 10, 2025 New Holland is celebrating 50 years of leadership in twin rotor harvesting technology, a milestone that began with the introduction of the TR70 combine in 1975. This machine transformed agriculture by bringing the world the concept of twin rotor threshing and... Read this article online
Farmland Values Climb Across the Prairies-Manitoba Leads, Ontario Holds Steady Friday, October 10, 2025 Canadian cultivated farmland values rose by an average of 6.0 per cent in the first half of 2025, according to the mid-year farmland values review by Farm Credit Canada (FCC). This marks a modest acceleration compared to the first half of 2024, which saw a 5.5 per cent increase. Over... Read this article online
Canada Post Strike Continues to Threatens Agri-Businesses and Rural Communities Thursday, October 9, 2025 The Canadian Federation of Independent Business (CFIB) is calling on the federal government to take swift action to end the ongoing Canada Post strike, warning that the disruption is causing serious harm to small businesses – including many in the agriculture sector. “The government’s... Read this article online
Gleaner T Series Combine Updates Thursday, October 9, 2025 Gleaner continues to advance harvest technology with its new T Series combine, delivering major improvements in power, reliability, and ease of operation. Designed with the farmer in mind, the T Series focuses on performance, accessibility, and cutting-edge precision tools for... Read this article online
Ontario Invests $41M to Boost Agri-Food Innovation Wednesday, October 8, 2025 The Ontario government has announced an investment of more than $41 million over the next four years to enhance and modernize infrastructure under Agricultural Research and Innovation Ontario (ARIO). This initiative, part of the province’s plan to safeguard Ontario’s agri-food sector,... Read this article online