Reading Time: 2 minutes Voluntary country of origin labelling (vCOOL) for beef and pork, biofuel tax credit changes, and an impending U.S. farm bill are three U.S. agriculture trends worth watching according to recent analysis from Farm Credit Canada (FCC).
U.S. farm bill, biofuels and vCOOL among American trends worth watching FCC says
Land values continue to rise: FCC
Reading Time: < 1 minute Farm Credit Canada’s mid-year review shows cultivated farmland values rose an average of 5.5 per cent in the first half of this year.
Pressure on farm income could push input prices down says FCC economist
Reading Time: 2 minutes Next year's farm input market will depend on the level of pressure on farm income, but early signs suggest input prices could come down according to recent analysis from Farm Credit Canada.
Summer Series: Want a super farm business? Build your ‘superteam’
[Team Building] Top tips from the frontline on creating and optimizing a business management team for your farm
Reading Time: 6 minutes The words can be heard all across the country. “Our accountant, lawyer and bank manager are key players in decision-making on our farm,” says Luanne Lynn, who is currently past president of Canada’s Outstanding Young Farmers Program (she and husband Philip were Outstanding Young Farmers in 2005). The Lynns have a cash crop operation in […] Read more
Farmland value growth slowed in 2023, FCC says
Saskatchewan, Quebec and Manitoba saw strongest growth in 2023, report shows
Reading Time: 2 minutes Farmland is still getting more expensive, but not quite as quickly as in recent years, according to the latest farmland value report from Canada’s biggest agricultural lender.
Dairy sector set to stabilize in 2024: FCC
Feed prices, butter stocks, retail demand and inflation top trends to watch
Reading Time: 2 minutes The dairy sector seems set to stabilize in 2024 amidst high processor demand and leveling-off input costs, Farm Credit Canada says.
FCC predicts drop in farm cash receipts for 2024
Interest rates, inputs costs may come down but farmers urged to sharpen their pencils
Reading Time: 2 minutes FCC's top economist is urging farmers to find any way they can to save money, as the ag lender projects a 4.8 per cent decline in farm cash receipts in 2024 on the heels of lower commodity prices.
FCC announces new 4R incentive
The program is open to FCC customers who use AgExpert platform
Reading Time: < 1 minute FCC announced the new Sustainability Incentive Program at the Western Canadian Crop Production Show in Saskatoon. The program is open to FCC customers who put a 4R nutrient management plan in place, record production activities through AgExpert Field, and have their 4R practices verified by a 4R designated agronomist.
Merit Foods pays off operating lender, no deal yet for plant
Plant-based protein processor in receivership since March
Reading Time: 3 minutes A Winnipeg pea and canola protein processor in receivership since this spring remains mothballed for now with no firm buyer — but has paid off one of its three secured creditors. Merit Functional Foods, which entered receivership March 1 after just two years’ operation, has sold all its remaining finished and raw inventory and directed […] Read more
FCC to offer beef heifer replacement loans
Loan program for those wanting to build, maintain herds
Reading Time: < 1 minute Cattle producers wanting to expand or maintain herds — in a time of nationwide herd contraction — are the expected beneficiaries for a new loan program from Farm Credit Canada. FCC on Tuesday announced what it calls the Replacement Heifer Program, consisting of a loan with a maximum loan life of seven years and a […] Read more
A message from April Stewart, Country Guide's Associate Editor
