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
Report shows slower pace for rising farmland values
FCC offers up new Starter Loans
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
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?
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
Ag seen gaining on slightly weaker loonie in 2019
Reading Time: 2 minutes CNS Canada — Farm Credit Canada (FCC) predicts the Canadian dollar will spend the year around the 75-U.S. cent mark — slightly softer than last year’s average of 76. “We’re going to see volatility throughout the year obviously but when we look at that season, or the full year average, we’re looking for it to […] 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?
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
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
A message from April Stewart, Country Guide's Associate Editor
