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Tag Archives Farm Credit Canada

Piggy Bank and canadian dollars close up shot
Guide Business, Management

Stress tests for change

Here’s a quick way to keep your eye on your cash flow projections this summer to help you plan loan payments and expenses this fall

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Reading Time: 4 minutes Knowing how to read and understand financial statements is one of the first steps in assessing financial risk, helping you track how you’re doing compared to previous years (or against sector averages), and how any changes may have an impact on your bank account. From a financial perspective, stress testing can be the ultimate proactive […] Read more
(Dave Bedard photo)
Crops, Markets

FCC sees increase in Canadian farmland values slowing

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Reading Time: 5 minutes Farmland values in Canada, on average, appreciated in 2016 — and while it was less of an increase than the year before, the gain easily beat a bank GIC. Land prices here in Manitoba, which have been rising steadily since 1992, on average gained 12 per cent in both 2015 and 2014. But after four […] Read more
(Dave Bedard photo)
General, Machinery

FCC launches new loan for young agri-businesspeople

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Reading Time: 2 minutes Canada’s federal farm lending agency is expanding its loan offerings in agribusiness and agrifood with a new program aimed at young businesspeople. Farm Credit Canada’s Young Entrepreneur Loan, launched Thursday in Ottawa during Canada Agriculture Day celebrations, will offer financing of up to $1 million per qualified applicant under age 40, at closed variable rates […] Read more
(Country Guide file photo)
General, Markets, Reuters

Canada’s farm income to dip, but remain above average

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Reading Time: 2 minutes Reuters — Canadian farmers’ incomes will decline seven per cent in 2017, falling for the second year in a row but remaining at above-average levels, the country’s agriculture department predicted on Friday. A drop in North American cattle and calf prices from record highs in 2015 is the main reason for the two-year dip, Agriculture […] Read more
(Dave Bedard photo)
Crops

FCC doubles down on Young Farmer Loans

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Reading Time: 2 minutes Eligible farmers under age 40 will be able to get larger loans for less of a down payment through an expansion of Farm Credit Canada’s Young Farmer Loan plan. The federal farm lending agency on Wednesday announced the program’s credit limit per applicant will be doubled to $1 million, with a minimum down payment of […] Read more
(Dave Bedard photo)
Crops, Weather

FCC offers to bend terms for soaked Prairie growers

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Reading Time: < 1 minute Canada’s federal farm lender says it will be flexible with qualifying Prairie crop growers facing financial trouble from a rain-soaked harvest season. Areas of Alberta, Saskatchewan and Manitoba have experienced “significant levels of rain in the last half of the growing season and snow since the beginning of October,” Farm Credit Canada said in a […] Read more
(Dave Bedard photo)
Crops, Reuters

Farmers’ debt seen hitting fresh record high

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Reading Time: 2 minutes Reuters — Canadian farmers’ debt will likely reach another record high this year, while land appreciation slows and incomes flatten, but the industry is still in strong financial shape, the country’s biggest agriculture lender, Farm Credit Canada, forecast on Tuesday. FCC, the federal Crown ag lending agency, sounded a note of caution for farmers, who […] Read more
Farmland prices, on average, were up 12.4 per cent and 10.1 per cent in Manitoba and Canada, respectively, says Farm Credit Canada’s chief economist J.P. Gervais. The annual rise in farmland values is slowing, but still expected to be positive in 2016 so long farm cash receipts remain stable.
News

Manitoba, Canadian farmland values up again in 2015

Farm Credit Canada says the annual percentage increase in farmland values is getting smaller

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Reading Time: 4 minutes Manitoba farmland values led the way with the highest average percentage increase in Canada last year, says Farm Credit Canada (FCC). But the pace of increases the last few years here and across Canada is slowing in step with the plateauing of farm cash receipts, and slower drop in interest rates, J.P. Gervais, FCC’s chief […] Read more
(Dave Bedard photo)
Crops, Markets

Farmland fundamentals potentially bearish: FCC

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Reading Time: 3 minutes Having tracked more double-digit percentage increases in Canadian farmland prices through 2015, Canada’s federal farm lender sees factors lining up for those values to retreat. Farm Credit Canada’s latest Farmland Values Report, released Monday, logged a 10.1 per cent increase in average farmland values in Canada in 2015, down from a 14.3 per cent rise in […] Read more
Our farmland for sale
Guide Business

Our farmland for sale

The West is clamping down on foreign ownership of farmland, and even in Ontario, where there are few controls, overseas purchases are much lower than the rumour mill says

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Reading Time: 5 minutes Almost every rural coffee shop has its own version of the same story. Foreigners are buying up Canadian farmland and they’re making land prices soar beyond the reach of local farmers as a result. But is it true? Maybe. But not likely. In fact, according to the people with their fingers on the pulse, such […] Read more

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