Reading Time: < 1 minute Farm Credit Canada has invested $5 million into the accelerated breeding program at the Global Institute for Food Security.
FCC invests in breeding innovation
Bank of Canada interest rate cut to give some borrowers relief
Effects on financial markets likely to be muted says FCC economist
Reading Time: < 1 minute The Bank of Canada trimmed its key policy rate on Wednesday to 4.75 per cent from a 23-year high of five per cent.
Inflation is now running at 2.7 per cent, above the central bank's two per cent target, but down from a high of 8.1 per cent in June 2022, Reuters reported.
Ducks Unlimited and PepsiCo offer financial incentive
Reading Time: < 1 minute Farmers enrolled in Ducks Unlimited's Marginal Areas Program may be eligible for additional financial incentives.
Renting land better than buying for cash flow: FCC
Each farm needs to make the decision themselves, but a bit of analysis can help when choosing
Reading Time: 3 minutes Rising farmland values and higher interest rates have swung the affordability pendulum in favour of renting, not buying, farmland.
Food and beverage sales to fall in 2024; processor margins to improve
Stabilizing or declining input prices working their way through the supply chain, FCC says
Reading Time: 2 minutes Farm Credit Canada is predicting Canadian food and beverage sales will fall slightly this year as consumers manage tight budgets. Gross margins, however, should increase as the effects of falling commodity prices work their way through the supply chain, the farm lender said in an April 9 news release.
Farmland value growth slowed in 2023, FCC says
Saskatchewan, Quebec and Manitoba saw strongest growth in 2023, report shows
Reading Time: 2 minutes Farmland is still getting more expensive, but not quite as quickly as in recent years, according to the latest farmland value report from Canada’s biggest agricultural lender.
Dairy sector set to stabilize in 2024: FCC
Feed prices, butter stocks, retail demand and inflation top trends to watch
Reading Time: 2 minutes The dairy sector seems set to stabilize in 2024 amidst high processor demand and leveling-off input costs, Farm Credit Canada says.
FCC predicts drop in farm cash receipts for 2024
Interest rates, inputs costs may come down but farmers urged to sharpen their pencils
Reading Time: 2 minutes FCC's top economist is urging farmers to find any way they can to save money, as the ag lender projects a 4.8 per cent decline in farm cash receipts in 2024 on the heels of lower commodity prices.
FCC announces new 4R incentive
The program is open to FCC customers who use AgExpert platform
Reading Time: < 1 minute FCC announced the new Sustainability Incentive Program at the Western Canadian Crop Production Show in Saskatoon. The program is open to FCC customers who put a 4R nutrient management plan in place, record production activities through AgExpert Field, and have their 4R practices verified by a 4R designated agronomist.
Major strawberry plant producer changes hands
New owners get funding to buy Lareault business
Reading Time: 2 minutes The Quebec company billed as Canada’s largest producer of strawberry plants has picked up new ownership after nearly 70 years. Production Lareault, based on just over 450 acres at Lavaltrie, Que. — about 40 km northeast of Montreal, in the province’s Lanaudiere region — has been acquired by investors Antoine Casimir and Andrea Borodenko for […] Read more
A message from April Stewart, Country Guide's Associate Editor
