Some major waterways in agricultural Manitoba are expected to spill their banks this spring, according to the provincial infrastructure department’s first official flood outlook for the year. Assuming normal weather conditions for the season, southern Manitobans can expect levels on the Red River south of the floodway to peak near 2011 levels, the department said. […] Read more
Tag Archives farmland — page 9
Manitoba to prepare for spring flooding
Municipal hopefuls pose idea of AgBelt to protect farmland
Two London-area politicians – one urban, one rural – say there needs to be more planning protection of farmland
Two London-area municipal politicians are proposing the creation of a belt of land throughout southern Ontario that maintains its primary role for agriculture. The Ag Belt, as Kelly Elliott and Jared Zaifman, have called their idea so far, comes from the fact that the two municipal councillors – one urban, one rural – kept running […] Read more
Ag balance sheet points to stable farm economy
CNS Canada — Canadian farmers saw their farm equity climb almost seven per cent last year compared to the year before — and Farm Credit Canada’s principal agricultural economist said that falls in line with FCC’s analysis. Data released by Statistics Canada on Wednesday showed 2017 farm equity climbed to $535.3 billion, up $34.6 billion […] Read more
Algeria to open farming concessions to foreigners
Algiers | Reuters — Algeria plans to offer foreign investors concessions for farm land for the first time, according to an official document, as the oil producer seeks to boost food output and reduce reliance on imports. Under the plan, which is expected to be discussed by the cabinet this week before being submitted to […] Read more
Farmland values rise, but interest rates curb market
CNS Canada — Prices of Canadian farmland were seen rising in 2017, with most sales happening in the first half of 2017 before interest rate increases and the drought in Western Canada hit. That’s according to the annual Farmland Values Report released Monday by Farm Credit Canada (FCC), based on 90 per cent of farmland […] Read more
Southern Ontario median farmland price jumps in 2017
The threat of interest rate increases hasn’t dampened the prices southern Ontario farmers are paying for land. The annual Valco study of land values showed an increase in value of 9.76 per cent for farmland sold in 2017 over 2016. This increase is the largest since 2013. The median price for land in the surveyed […] Read more
G3 co-owner SALIC looking at Iraq farmland
Dubai | Reuters –– The Saudi Agricultural and Livestock Investment Company (SALIC) is looking at more farmland investment opportunities and has its neighbour Iraq on the list. SALIC, an arm of the country’s Public Investment Fund (PIF), said it was also looking to expand its investments in the Black Sea region, which already includes almost […] Read more
Zimbabwe to give white farmers 99-year leases
Harare | Reuters — Zimbabwe will issue 99-year leases to white farmers, according to a government circular, after new President Emmerson Mnangagwa said he would end discrimination along racial lines in agriculture. Fewer than 400 white farmers are still operating in the southern African nation, after former president Robert Mugabe’s government evicted more than 4,000 […] Read more
Canola ‘streaming’ firm eyes mortgage business
A Saskatchewan company that offers farmers cash up front for canola to be grown later is now tentatively bringing its model to the farm mortgage business. Input Capital, which sources canola from Prairie growers through multi-year “streaming” contracts, announced Tuesday it has launched a “mortgage stream” as a pilot project. Input, which set up in […] Read more
Wildfire-damaged grazing areas up for Saskatchewan aid
Saskatchewan’s provincial disaster assistance program (PDAP) will be opened up to cover southwestern grazing areas damaged by this fall’s wildfires. The province’s government relations minister, Larry Doke, on Wednesday announced producers who incurred wildfire damage on “tame and native lands” intended for grazing may now apply for assistance to get feed for affected livestock. Winds […] Read more
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