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Tag Archives diversification

The average increase in value of cultivated Canadian farmland was 11.5 per cent in 2023, and there is clear evidence that the cost of owning land in some areas now outstrips its income generation ability.
News

Opinion: Diversity model may buffer risk of farmland buys

Should farmers consider ecological diversity as a risk management tool?

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Glacier FarmMedia – It’s the time of year that farmland often changes hands. This spring, there is an increase of sales in certain sectors, driven by land stress and owners’ inability to weather another financial or literal storm. Many of these properties are monocultures or singularly focused production units and highly dependent on one source […] Read more
Panelists discuss their diversified dairy farm operations at the Canadian Dairy Xpo’s Canadian Dairy Business Conference. They included Korb Whale, left, Joel LePage, Gilbert Matheson, Bonnie den Haan and moderator Dan Matheson.
Barns, Dairy, Milking equipment

Diversifying dairy means more than milking

Here’s how four dairy farms grew their businesses beyond milk production

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Farmers who diversify their dairy operations can make it work with luck, great planning and a willingness to take risks. The Canadian Dairy XPO’s new Canadian Dairy Business Conference brought together four farmers who have diversified so milking cows is just part of what they do. Why it matters: Dairy farmers who want to grow […] Read more
Glamping bed and breakfast experience at Pfisterer Farms.
Business, Markets/Business

Diversifying on-farm land use

Farmers look for municipal guidance when diversifying operations

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University of Guelph — Ontario has lost 319 acres of farmland a day since 2016, according to the recently released 2021 Census of Agriculture. The number of small- to medium-sized farms is decreasing while the number of larger farms is increasing. These numbers show some family farms’ difficulties in maintaining a viable agricultural livelihood. But […] Read more
(Dave Bedard photo)
Markets

FCC identifies export, market opportunities for Canadian food

The ag lender's latest report highlights canola oil, pork, potato products, crab meat

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Canada is already a major exporter of agricultural goods, food and beverages — but increasing food and beverage exports is still one of Canada’s biggest trade opportunities, Farm Credit Canada (FCC) says. And by diversifying exports, farmers will become less dependent on current major markets, reducing their financial risk. “When borders close for any number […] Read more
(Dave Bedard photo)
Crops, Markets

Pulse weekly outlook: FCC sees opportunities for exports

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MarketsFarm — Farm Credit Canada (FCC) on Tuesday released a report titled Diversifying Canada’s agriculture exports, which included pulses and also looked at some of the pros and cons to diversifying Canada’s wheat, canola and soybeans. “Canada has done extremely well in establishing strong trade relations in a number of key markets thanks to a […] Read more
(Assnat.qc.ca)
Machinery

Quebec offers aid to lessen brunt of U.S. tariffs

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Montreal | Reuters — The Quebec government on Wednesday said it would spend $863 million over five years to mitigate the impact of U.S. tariffs on companies and the province’s agriculture sector. The plan would provide direct financial aid to some companies affected by the tariffs and would support investments to improve productivity, worker training […] Read more

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