Higher interest rates don’t seem to be affecting the ratio between land values and land rental costs — at least, not yet. Farm Credit Canada’s latest analysis of farmland rental […] Read more
Tag Archives farm credit canada
Buy or rent? Land rent-to-price ratio can help farmers decide
FCC sees current ratios on farmland as (roughly) stable
Food sales grew but margins tightened in 2022, FCC says
Modest further growth expected this year
Food and beverages sales increased in Canada last year, even as margins hit an historic low and consumers chose Canadian less. According to the latest FCC Food and Beverage Report, […] Read more
Farmland values exceed expectations
Ontario leads the country with 19.4 per cent increase
Average farmland prices were up 12.8 per cent in Canada in 2022, the largest increase seen since 2014 when the increase was 14.3 per cent. The increase follows gains of […] Read more
Plant protein processor Merit Foods in receivership
Company owes $95 million to EDC, FCC
The company behind a new Prairie processing plant extracting plant-based proteins from peas and canola has landed in receivership, in the high eight figures’ debt to its secured lenders. PricewaterhouseCoopers […] Read more
Farm revenues should rise in 2023, but so will costs
Annual FCC Economic Outlook focuses on predicted global economic slowdown
Food price inflation and labour market volatility remain the post-pandemic factors to watch, Farm Credit Canada finance specialists said during the agency’s annual economic outlook Jan. 24. Although challenges like […] Read more
EDC executive to lead Farm Credit Canada
Justine Hendricks to replace retiring Michael Hoffort
Canada’s federal farm lender is importing its next chief executive from Export Development Canada. Federal Agriculture Minister Marie-Claude Bibeau on Wednesday announced the appointment of Justine Hendricks, EDC’s senior vice-president […] Read more
Farm equipment demand to remain high, FCC says
Low inventories, high commodity prices and a good crop place pressure on demand
Demand for farm equipment should remain high through 2023 despite higher interest rates and projected price increases, according to Farm Credit Canada. The federal ag lender has released an outlook […] Read more
Free mental health training, workshops offered for farmers
Do More Ag Foundation expands programming available
Farmers seeking mental health support will have access to free training and community workshops for the fourth year in a row via the Do More Agriculture Foundation (DMAF) and Farm […] Read more
Ontario farmland values nearly double national average
Interest rate effects are present, but delayed
High commodity prices and pent-up demand for Ontario property continue to raise farmland values despite higher interest rates. Farm Credit Canada’s (FCC) recent mid-year land values report again highlights across-the-board […] Read more
Farmland prices remain buoyant in the face of interest rate hikes
Despite significant interest rate hikes, Farm Credit Canada (FCC) is reporting continued increases in farmland values across Canada. According to the FCC report, Manitoba’s average farmland values increased by 6 […] Read more
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