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
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Tag Archives pandemic
Canadian farmland trending less affordable in FCC report
Average values continue rising across board
How COVID-19 is upending global food supply chains
Cows fed strawberries in India, watermelons rot in U.S., okra not reaching Canada
Satara/Singapore/London | Reuters — In the fertile Satara district in western India, farmers are putting their cattle on an unorthodox diet: Some feed iceberg lettuce to buffalo. Others feed strawberries […] Read more
Pandemic planning leads to staff cuts at Agropur
Dairy co-operative enters 'business continuity' mode
Dairy co-operative Agropur’s “business continuity” plan against the COVID-19 pandemic calls for job cuts and layoffs for about three per cent of its total workforce. Longueuil, Que.-based Agropur announced Thursday […] Read more
Farming deemed essential in new federal pandemic guidance
Food production and supporting industries amid 'critical infrastructure'
Workers in agriculture and supporting industries are on a new federal guidance list of employees considered “essential to maintain the health, safety, security and economic well-being of Canadians” amid the […] 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
Panic buying, lockdowns may drive world food inflation
World has ample grain and oilseed supplies, FAO and analysts say
Singapore | Reuters — Lockdowns and panic food buying due to the coronavirus pandemic could ignite world food inflation even though there are ample supplies of staple grains and oilseeds […] Read more
U.S. grains: Recent declines stoke export interest
CBOT May corn, soy, wheat all rally
Chicago | Reuters — U.S. corn, soybean and wheat futures rallied on Thursday, supported by technical buying and hopes for a pick-up in export demand as recent price declines made […] Read more
Saskatchewan pares ag spending in estimates
Spending estimates released without revenue forecasts
Saskatchewan expects to pull back its spending on agriculture by about $22.4 million in its 2020-21 budget year, mainly in a reduced outlay on business risk management (BRM) programs. Provincial […] Read more
No Prairie farm fuel shortages expected in pandemic
Continuity plans in place to keep fuel moving
Prairie farmers shouldn’t see a disruption to their farm fuel distribution as a result of COVID-19 safety measures. “Our members are committed to minimizing disruptions to the Canadian fuel supply […] Read more
U.S. grains: Corn skids to lowest level since September 2016
Wheat, soybean futures rise
Chicago | Reuters — U.S. corn futures fell 2.2 per cent to their lowest level in 3-1/2 years on Wednesday, with falling prices for crude oil cutting into demand from […] Read more
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