Reading Time: < 1 minute MarketsFarm — Equity in Canada’s farm sector increased by 3.6 per cent in 2018, hitting $522.2 billion, according to a report Thursday from Statistics Canada. The growth was well below the 6.4 per cent increase reported the previous year, and continued a trend of slower growth since 2013. Realized net farm income was down by […] Read more
Farm equity growth slows in 2018
Bernie Sanders promises help for family farms
Reading Time: 2 minutes Reuters — U.S. presidential contender Bernie Sanders unveiled a plan on Sunday to help family farmers and rural residents, promising to break up corporate agricultural monopolies and invest heavily in social and economic programs in struggling rural communities. Sanders, an independent U.S. senator and fierce corporate critic, said on a campaign trip to Iowa that […] Read more
Report shows slower pace for rising farmland values
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
U.S. farmers face devastation following Midwest floods
Reading Time: 4 minutes Winslow, Neb./Chicago | Reuters — Midwestern farmers have been gambling they could ride out the U.S.-China trade war by storing their corn and soybeans anywhere they could — in bins, plastic tubes, in barns or even outside. Now, the unthinkable has happened. Record floods have devastated a wide swath of the Farm Belt across Iowa, […] Read more
Manitoba farmers unfazed by flood reports
Reading Time: 2 minutes MarketsFarm — As experts forecast a spring flood to hit southern Manitoba, farmers in the Red River Valley won’t be caught off guard. Manitoba’s Emergency Measures Organization held flood preparedness seminars in Morris, Brandon, and Selkirk throughout the week of March 11. Topics covered included the forecast, flood outlook, preparedness and response and disaster financial […] Read more
Manitoba to prepare for spring flooding
Reading Time: 2 minutes Some major waterways in agricultural Manitoba are expected to spill their banks this spring, according to the provincial infrastructure department’s first official flood outlook for the year. Assuming normal weather conditions for the season, southern Manitobans can expect levels on the Red River south of the floodway to peak near 2011 levels, the department said. […] Read more
Ag balance sheet points to stable farm economy
Reading Time: 3 minutes CNS Canada — Canadian farmers saw their farm equity climb almost seven per cent last year compared to the year before — and Farm Credit Canada’s principal agricultural economist said that falls in line with FCC’s analysis. Data released by Statistics Canada on Wednesday showed 2017 farm equity climbed to $535.3 billion, up $34.6 billion […] Read more
Algeria to open farming concessions to foreigners
Reading Time: 2 minutes Algiers | Reuters — Algeria plans to offer foreign investors concessions for farm land for the first time, according to an official document, as the oil producer seeks to boost food output and reduce reliance on imports. Under the plan, which is expected to be discussed by the cabinet this week before being submitted to […] 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
Southern Ontario median farmland price jumps in 2017
Reading Time: 2 minutes The threat of interest rate increases hasn’t dampened the prices southern Ontario farmers are paying for land. The annual Valco study of land values showed an increase in value of 9.76 per cent for farmland sold in 2017 over 2016. This increase is the largest since 2013. The median price for land in the surveyed […] Read more
A message from April Stewart, Country Guide's Associate Editor
