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Tag Archives Farm Credit Canada — page 2

Crops, Markets, Pulses

Pulse weekly outlook: FCC sees opportunities for exports

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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

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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?

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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

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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

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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

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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

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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

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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

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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
Livestock, Machinery

FCC offers up new Starter Loans

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Reading Time: 2 minutes “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 Wednesday in Ottawa when he was still federal minister of agriculture, unveiled the federal ag lending agency’s new Starter Loan Program. The program, according to […] Read more

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