Glacier FarmMedia – New data from Statistics Canada shows farm cash receipts continue to trend upward, increasing in 2019 by 5.7 per cent or $66.1 billion to mark the ninth […] Read more
Tag Archives farm credit canada
Cannabis carries farm growth in otherwise average year
Crop receipts declined 1.1 per cent without cannabis numbers included
Pork sector’s calls for aid heard, not yet answered
Federal government says it's examining "all options"
Federal Agriculture Minister Marie-Claude Bibeau’s office said late last week the government is working “around the clock” to respond to the pandemic’s impact on farmers and agri-food businesses. But there […] Read more
Ontario farmland values continue to jump
Nationally, the 2019 increase tied for the lowest in 10 years
Ontario led Canada’s major agriculture producing provinces in farm land value increases in 2019 according to Farm Credit Canada’s (FCC) annual summary of land sales across the country. The Maritime […] Read more
Canadian farmland trending less affordable in FCC report
Average values continue rising across board
The average value of farmland in Canada is continuing to rise faster than farmers’ ability to generate revenue from it, Farm Credit Canada’s latest Farmland Values Report suggests. The report, […] Read more
Cash advance repayment deadlines extended
FCC gets added capital to boost lending capacity
Canadian farmers who have repayment deadlines coming up on their cash advances between now and the end of April will get extra time to repay those loans. The federal government […] Read more
Beef sector mobilizes against supply disruptions
Keeping border open, meeting demand for beef are top priorities
Teams of livestock and government officials are quickly creating plans and policies to keep the sector functioning during the COVID-19 pandemic, says the executive vice-president of the Canadian Cattlemen’s Association. […] Read more
The importance of meetings
Taking the step of getting together is a critical first move in happy succession
The need for better communication and holding proper meetings with advisers and family members were stressed as key factors to successful farm ownership transfers, at a recent farm transition meeting. […] Read more
Improving global ag trade may not favour Canada
MarketsFarm — When it comes to improving global trade relations, a rising tide may not lift all boats. In the recently-signed Phase One trade deal between the U.S. and China, […] Read more
Canadian farm equipment sales drop as net farm income plunges
Trade barriers, poor growing conditions and rising costs take bite from income
Canadian farmers are feeling the financial pinch of lost markets and rising expenses after a prolonged period of prosperity, according to recently published statistics. Net farm income plummeted 46 per […] Read more
Pulse weekly outlook: FCC sees opportunities for exports
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 […] Read more