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A Closer Look at Tariff Impact on Canadian Farm Equipment Purchases

In an April 30 article, “Relatively young fleet may allow farmers to delay equipment purchases amid tariffs,” Leigh Anderson, senior economist at Farm Credit Canada (FCC) offered perspective on the global trade scene and the uncertainty farmers are facing. 

Excerpts from Anderson’s observations on the economic impact of the tariff situation have been offered in the following 5 summaries. 

  1. Global trade disruptions have caused significant challenges for Canadian agriculture.

Anderson notes that as businesses prefer stability, the constant tariff changes create confusion, making it difficult to plan, causing widespread uncertainty about the full impact of tariffs. He says the agriculture industry is finding some relief in the CUSMA exemption from the 10% blanket tariffs, and the 90-day delay in U.S. reciprocal tariffs.

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A chain harrow is a game changer

Video: A chain harrow is a game changer

Utilizing a rotational grazing method on our farmstead with our sheep helps to let the pasture/paddocks rest. We also just invested in a chain harrow to allow us to drag the paddocks our sheep just left to break up and spread their manure around, dethatch thicker grass areas, and to rough up bare dirt areas to all for a better seed to soil contact if we overseed that paddock. This was our first time really using the chain harrow besides initially testing it out. We are very impressed with the work it did and how and area that was majority dirt, could be roughed up before reseeding.

Did you know we also operate a small business on the homestead. We make homemade, handcrafted soaps, shampoo bars, hair and beard products in addition to offering our pasture raised pork, lamb, and 100% raw honey. You can find out more about our products and ingredients by visiting our website at www.mimiandpoppysplace.com. There you can shop our products and sign up for our monthly newsletter that highlights a soap or ingredient, gives monthly updates about the homestead, and also lists the markets, festivals, and events we’ll be attending that month.