Farm Credit Canada Archives

Improving global ag trade may not favour Canada

Reading Time: 2 minutes 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, Beijing pledged to significantly increase Chinese purchases of U.S. soybeans and other agriculture goods. “Where does that leave room for Canada, given the demand side […] Read more

Crops, Markets, Pulses

Pulse weekly outlook: FCC sees opportunities for exports

By Glen Hallick - MarketsFarm November 26, 2019

Reading Time: 2 minutes 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 diversifying Canada’s wheat, canola and soybeans. “Canada has done extremely well in establishing strong trade relations in a number of key markets thanks to a […] Read more

General, Markets

Liberals pledge revamp of federal farm lender

By GFM Staff October 6, 2019

Reading Time: 2 minutes The federal Liberals’ platform heading into the Oct. 21 election calls for an “expanded and enhanced” role for Farm Credit Canada in supporting the country’s agriculture and agrifood sectors. Platform documents released Sunday last week (Sept. 29) call for the merger of several existing federal financial and advisory services — which the Liberals said are […] Read more

A variety of factors are combining to make the competition for acres very real.

Guide Business

The ever-changing landscape of farmland rentals

The risks are growing. So is the pressure to lease more land. What does a smart rental strategy look like as we head into 2020?

By Anne Lazurko October 3, 2019

Reading Time: 8 minutes There’s a small panic in the air, the muted response you might expect from farmers who hold their cards close and practise a stoic realism that helps them navigate the risks they can’t control: weather, grain prices, the impact that a single Chinese tech executive might have on an important market. Most of these are […] Read more

General, Weather

FCC to offer flexibility in hurricane-battered areas

By GFM Staff September 9, 2019

Reading Time: 2 minutes Farm Credit Canada says it plans to help its farmer clients in Atlantic Canada work around financial pressures following Hurricane Dorian’s passage through the region over the weekend. “We won’t know the full extent of damage for some time, but we’ve already heard that some customers will likely be facing some financial hardship as a […] Read more

When looking for a mentor, find someone who isn’t too busy and is a good listener.

Guide Business, Guide HR

Want to be a more successful farmer? Find a mentor

How you can harness the power of mentorship

By Helen Lammers-Helps August 12, 2019

Reading Time: 4 minutes Research shows the five-year survival rate for small and medium enterprises jumps from fewer than half to more than 70 per cent if mentors are involved. That’s according to Virginia McGowan, a certified mentor who witnessed this powerful transformation while running a mentorship program for a group of 70 female entrepreneurs in Charlottetown, P.E.I. The […] Read more

Guide Business, News, Succession strategy

Does Canada have enough young farmers?

The country has lost 70 per cent of the farmers in its under-35 category in just 25 years

By Lorraine Stevenson July 31, 2019

Reading Time: 17 minutes There are encouraging signs all across the country. At the University of Manitoba’s School of Agriculture convocation this spring, 58 graduates took home their two-year diplomas. At Ridgetown Campus of the University of Guelph in Ontario, 267 crossed the stage in late May, and at Olds College in Alberta, another 81 diplomas were handed out […] Read more

Crops, Markets, Weather

Flexibility available for farmers on FCC loan payments

By GFM Staff June 24, 2019

Reading Time: 2 minutes Farm Credit Canada says it remains willing to work around the various forces majeures standing between its farmer clients and their cash flows this year. The Crown lending agency reiterated Monday it will work with customers “to come up with solutions for their operations on a case-by-case basis” in view of this spring’s weather worries […] Read more

Crops, Machinery, Markets, Weather

China, drought, debt shake Canadian farm finances

By Kelsey Johnson, Rod Nickel June 19, 2019

Reading Time: 3 minutes Winnipeg/Ottawa | Reuters — For years, the financial stability of Canadian farmers was the envy of their U.S. counterparts, but rising costs, drought and a dispute with China have weakened their bottom lines. Net incomes plunged last year, and that setback was followed in March by China’s halting purchases of canola, Canada’s biggest crop. Now […] Read more

General, Markets

Report shows slower pace for rising farmland values

By GFM Staff April 29, 2019

Reading Time: 2 minutes 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 of increase in almost a decade. That’s according to the annual Farmland Values Report from Farm Credit Canada (FCC), in which the federal ag lending […] Read more

Younger aggies sought for new Canada-wide council

Prairie cash wheat: Bids generally higher

Canada, EU, China, others agree on temporary fix to WTO crisis

GFM Network News