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Tax revenue vs use study in Mapleton

Tax revenue vs use study in Mapleton

By Andrew Joseph, Farms.com, Image by Siggy Nowak from Pixabay

Per an article appearing in the Toronto Star on December 6, 2021, the Ontario Federation of Agriculture is working alongside the Wellington Federation of Agriculture (WFA) examining the costs of performing community services in the town of Mapleton, Ontario—specifically if farm taxes can support its own local and government services.

Different types of land—residential vs farm—are taxed differently, though homes on a farmland are taxed as residential.

The study seeks to examine how farmland and its taxes for local government can provide services for those categorized as being part of the agricultural tax class.  

The WFA is hoping the study will allow ag communities such as Mapleton to utilize farmland tax revenues for municipal needs to help maintain infrastructure projects such as roadways or bridges—things it appears the farm communities utilize, in this case, more than the more residential community.

In the early stages still, the study is not yet looking at an actual budgetary aspect.

The study will continue for at least the next two years.


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US “Flash Drought” Worst in 133-160 Years + Disease taking a Bite out of US 2025 Corn/Soybean Crops

Video: US “Flash Drought” Worst in 133-160 Years + Disease taking a Bite out of US 2025 Corn/Soybean Crops


A dry August and a “flash drought” in the ECB (Eastern Corn Belt) the driest top 10 to 15 years in 150 to 160 years (Ohio the driest in 133 years) plus disease is taking a bite out of the 2025 U.S. corn and soybean crops.
It's going to be an early harvest. This could be the start of the 89-year drought cycle that may have been delayed until 2026 as La Nina maybe returning.
The USDA September crop report is all about record corn ears and record soybean counts but the October USDA crop report will be about pod and ear weights.
Stats Canada reported higher forecasts for the 2025 Canadian Prairies all wheat and canola crops vs. last year based on satellite imagery but are they overestimating production?
The 2025 Great ON Yield Tour and Quebec crop tours are projecting corn and soybean crops below the 10-year average.
China's Vice Commerce Ministry Li Chenggang visits Washington this week as we continue to connect the dots is a positive sign towards a China/U.S. trade deal. But will U.S. farmers have a winter without China as they buy more soybeans from Uruguay/Argentina? U.S. Northern Plain soybean farmers are seeing red with flat prices at $8.97/bu!
U.S. corn exports on record pace up 99% vs. last year.
Fund short covering continues in corn futures bottom is in!