Chicago | Reuters — U.S. corn and soybean futures fell sharply on Thursday, pressured by outlooks for rain and cooler temperatures in the Midwest crop belt, as well as spillover […] Read more
Tag Archives interest rates
U.S. grains: Corn, soy plunge on weather, broad commodities sell-off
CBOT wheat follows trend lower
U.S. livestock: Hogs limit down for second consecutive day
CME August cattle end lower
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell by an exchange-imposed limit for a second consecutive session on Thursday as commodities declined broadly. Selling by index […] Read more
Farmland appreciation continues through pandemic year
FCC report puts Canada's average land value increase at 5.4 per cent
Economic churn across Canada from the global COVID-19 pandemic didn’t faze the country’s real estate market — nor its farmland market in particular — in 2020, according to the latest […] Read more
Low interest rates present producers with opportunities
Central banks have indicated that they expect to keep rates low for a while
Glacier FarmMedia – It’s a nice time to be carrying debt — if your business is flourishing. Not only are interest rates low, but lenders are looking for borrowers who […] Read more
Machinery costs driving up fixed farming expenses
MarketsFarm — Fixed costs on farms continue to rise year-over-year, a statistic largely attributed to increasing land values and interest rates. At the beginning of 2019, Farm Credit Canada (FCC) […] Read more
Report shows slower pace for rising farmland values
While lower-valued farmland more often showed a higher rate of increase, and price hikes varied from region to region, Canada’s farmland values on average have booked their slowest year-over-year rate […] Read more
FCC offers up new Starter Loans
“Preferential” loan rates are available to young farmers or agribusinesspeople planning start-ups through a new Farm Credit Canada lending program. Lawrence MacAulay, addressing the Canadian Federation of Agriculture’s annual meeting […] Read more
Ag seen gaining on slightly weaker loonie in 2019
CNS Canada — Farm Credit Canada (FCC) predicts the Canadian dollar will spend the year around the 75-U.S. cent mark — slightly softer than last year’s average of 76. “We’re […] Read more
Trade certainty doesn’t translate to higher loonie
CNS Canada — Even with more certainty around trade with the U.S., Canadians shouldn’t expect to see the dollar flying in value. “It’s hard for me to see the Canadian […] Read more
ICE weekly outlook: Canola facing uncertainty
CNS Canada — ICE Futures Canada canola contracts fell to their lowest levels in more than three months during the week ended Wednesday, but could still have more room to […] Read more