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Tag Archives Farm Credit Canada

(Photo courtesy Canada Beef Inc.)
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
(Dave Bedard photo)
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
(Dave Bedard photo)
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
Young farmer using laptop on field
Guide Business, Management

The road ahead

Our panel tackles the question: What are the big farm business risks for the next five to 10 years — and what skills, actions and mindsets will be critical in taking them on?

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Reading Time: 9 minutes Picture yourself driving in traffic. Then, you begin noticing that the traffic is increasing, not just in the number of vehicles around you but also in the speed they are travelling at. Some of the traffic rules seem to be changing too, and the driver controls in your vehicle are all new and confusing as […] Read more
"Producers need to be cautious and pay attention to changes such as in increase in interest rates or a decline in commodity prices.” — Craig Klemmer, Farm Credit Canada.
Guide Business

Is it time to rethink your farm debt?

Debt has soared with farm income. For most farms, that’s good. But what about yours?

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Reading Time: 5 minutes Over the past decade, the consensus among Canada’s ag economists has been clear. Yes, farmers have accumulated more debt than ever. But the debt load is manageable. There’s no looming crisis. Now, however, with the prospect of a series of modest interest rate hikes, can we still be so complacent? First, let’s look at the […] Read more
stacks of canadian dollar coins
Guide Business, News

Black swans

What will it take to knock Canada’s farmland market out of its holding pattern?

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Reading Time: 4 minutes Canadian dollar “Excluding an extraordinary shock to production or commodity prices, a significant increase in the value of the Canadian dollar would have the biggest impact on the supply of farmland available for sale,” says Saskatchewan realtor Tim Hammond. A weak Canadian dollar is beneficial overall to Canadian farmers as they export the majority of […] Read more
Rolling prairie landscape. Central Alberta, Canada.
Guide Business, News

Less of the same

Realtors report farm sales are slowing and that prices are stabilizing, which may be best for everyone

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Reading Time: 5 minutes Barring major shocks to the agriculture sector, the outlook is for continued strong farmland values and tight farmland availability in Canada for the foreseeable future. “By and large, we see a very healthy, very robust farmland market out there, and it seems to be continuing,” says Tom Eisenhauer, president and CEO of Toronto-based Bonnefield, Canada’s […] Read more
Sides of pork in cold storage. Tariffs on U.S. pork in China and Mexico have curtailed U.S. exports, resulting in price-depressing oversupply. (Agnormark/iStock/Getty Images)
Hogs, Livestock, Markets

Hog producers continue struggle toward profitability

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Reading Time: 4 minutes CNS Canada — Hog prices might have regained some value in recent days, but many producers are still a long way from profitability, according to the chair of Manitoba Pork. That’s why lenders such as Farm Credit Canada, who show they understand the needs of producers who are dependent on commodity markets, are appreciated, said […] Read more

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