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
Is it time to rethink your farm debt?
Debt has soared with farm income. For most farms, that’s good. But what about yours?
Black swans
What will it take to knock Canada’s farmland market out of its holding pattern?
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
Less of the same
Realtors report farm sales are slowing and that prices are stabilizing, which may be best for everyone
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
Trade certainty doesn’t translate to higher loonie
Reading Time: 2 minutes CNS Canada — Even with more certainty around trade with the U.S., Canadians shouldn’t expect to see the dollar flying in value. “It’s hard for me to see the Canadian dollar gain value against the U.S. dollar in the short term, unless the Bank of Canada totally revises its stance towards interest rates,” said J.P. […] Read more
Hog producers continue struggle toward profitability
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
Our data road map
Is the ADT initiative in the U.S. the right way to put Canada’s farmers in control of their data too?
Reading Time: 5 minutes Canada is awash in agricultural data that’s not being used to its full potential by farmers, researchers, or the government. Now, work has begun to try and improve that situation. “There’s a lot of information that exists electronically, but we need to give farmers control of their data so they can use it and flow […] Read more
Pulse prices feel pressure from rising ending stocks
Reading Time: 2 minutes CNS Canada – Increasing pulse ending stocks are going to continue to play into pulse crop prices in Canada, according to the latest update from Farm Credit Canada’s (FCC) ag economics team. “We’re still expected to see ending stocks increasing. So as we continue to see that ending stocks increase, that stock-to-use-ratio that we’d see […] Read more
Farm input pricing available in Canada, if you dig for it
Alberta, Ontario producers have better access to information
Reading Time: 5 minutes CNS Canada – When putting a crop in, costs can add up fast. Seed, chemicals, fertilizer are all expenses which vary year to year and it isn’t always easy to know if the price producers are paying is the best price. Producers can spend their time calling and visiting different retailers shopping around for the […] Read more
Farmland values rise, but interest rates curb market
Reading Time: 3 minutes CNS Canada — Prices of Canadian farmland were seen rising in 2017, with most sales happening in the first half of 2017 before interest rate increases and the drought in Western Canada hit. That’s according to the annual Farmland Values Report released Monday by Farm Credit Canada (FCC), based on 90 per cent of farmland […] Read more
CN apologizes as farm groups, Ottawa press on rail service
Reading Time: 3 minutes Canada’s largest railway has taken the unusual step of apologizing for its pace of grain delivery in recent weeks and pledging “immediate steps” to improve its grain handle. After parting ways with its CEO Luc Jobin on Monday, Canadian National Railway (CN), through interim CEO Jean-Jacques Ruest, said Wednesday it “apologize(s) for not meeting the […] Read more
A message from April Stewart, Country Guide's Associate Editor
