Voluntary country of origin labelling (vCOOL) for beef and pork, biofuel tax credit changes, and an impending U.S. farm bill are three U.S. agriculture trends worth watching according to recent analysis from Farm Credit Canada (FCC).
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U.S. farm bill, biofuels and vCOOL among American trends worth watching FCC says
Land values continue to rise: FCC
Glacier FarmMedia—Farm Credit Canada’s mid-year review shows cultivated farmland values rose an average of 5.5 per cent in the first half of this year. From July 2023 to June 2024 the increase was 9.6 per cent. J.P. Gervais, the federal crown corporation’s chief economist ,said values are increasing at a slower rate but described the […] Read more
Land values continue to rise: FCC
Farm Credit Canada’s mid-year review shows cultivated farmland values rose an average of 5.5 per cent in the first half of this year.
4-H Canada launches fundraising campaign
The Canadian 4-H Foundation has launched a fundraising campaign aimed at raising $1M to support the future of 4-H Canada. To kick off the Tomorrow needs 4-H campaign, Farm Credit Canada has committed to matching donations up to $50,000. “4-H Canada helps build youth leaders through its world-class youth programming,” Ben Graham, chair of the […] Read more
Pressure on farm income could push input prices down says FCC economist
Next year's farm input market will depend on the level of pressure on farm income, but early signs suggest input prices could come down according to recent analysis from Farm Credit Canada.
Starbucks sweetens pot for FCC sustainability program
Coffee giant to support ‘top achievers’ and ‘most improved’
Starbucks has joined Farm Credit Canada in its Dairy Sustainability Incentive Program, which offers Canadian dairy farmers interest rate rebates for sustainability initiatives. Why it matters: Starbucks says milk products are a significant source of the company’s carbon footprint. The announcement represents entry into the Canadian dairy sector of a company that has already made […] Read more
Renting land better than buying for cash flow: FCC
Each farm needs to make the decision themselves, but a bit of analysis can help when choosing
Rising farmland values and higher interest rates have swung the affordability pendulum in favour of renting, not buying, farmland. That’s according to a recent online article by Farm Credit Canada (FCC) that delved into the dollars and cents of the renting-or-buying decision. Generally, the cost to rent farmland is lower than financing a purchase, making […] Read more
Farmland value growth slowed in 2023, FCC says
Strongest growth in Saskatchewan, Quebec and Manitoba in 2023, report shows
Glacier FarmMedia – Farmland is still getting more expensive, but not quite as quickly as in recent years, according to the latest farmland value report from Canada’s biggest agricultural lender. Farm Credit Canada (FCC) put average national farmland value growth in 2023 at 11.5 per cent, down from 12.8 per cent in 2022. Ontario’s growth […] Read more
Farmland value growth slowed in 2023, FCC says
Saskatchewan, Quebec and Manitoba saw strongest growth in 2023, report shows
Farmland is still getting more expensive, but not quite as quickly as in recent years, according to the latest farmland value report from Canada’s biggest agricultural lender.
Dairy sector set to stabilize in 2024: FCC
Feed prices, butter stocks, retail demand and inflation top trends to watch
The dairy sector seems set to stabilize in 2024 amidst high processor demand and leveling-off input costs, Farm Credit Canada says.
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