interest rates Archives - Page 7 of 8

Machinery costs driving up fixed farming expenses

By Marlo Glass – MarketsFarm February 5, 2020

Reading Time: < 1 minute MarketsFarm — Fixed costs on farms continue to rise year-over-year, a statistic largely attributed to increasing land values and interest rates. At the beginning of 2019, Farm Credit Canada (FCC) reported farmland values across Canada increased by an average of 6.6 per cent during the previous year. But that’s not the main driver of fixed […] Read more

General, Markets

Report shows slower pace for rising farmland values

By GFM Staff April 29, 2019

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

Livestock, Machinery

FCC offers up new Starter Loans

By GFM Staff March 3, 2019

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

General, Markets

Ag seen gaining on slightly weaker loonie in 2019

By Ashley Robinson - MarketsFarm January 11, 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

Crops, Markets

Trade certainty doesn’t translate to higher loonie

By Ashley Robinson - MarketsFarm October 12, 2018

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

Canola, Crops, Markets

ICE weekly outlook: Canola facing uncertainty

By Phil Franz-Warkentin June 13, 2018

Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola contracts fell to their lowest levels in more than three months during the week ended Wednesday, but could still have more room to the downside given the general sense of global trade uncertainty. “Every commodity trader in North America or globally is scared to death right now,” said […] Read more

General, Markets, Weather

Farmland values rise, but interest rates curb market

By Ashley Robinson - MarketsFarm April 23, 2018

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’s farmland prices have jumped, despite stagnant crop prices. (John Greig photo)

Crops, Markets

Southern Ontario median farmland price jumps in 2017

By John Greig February 22, 2018

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

Canola, Crops, Markets

ICE weekly outlook: Canola rangebound at harvest time

By Phil Franz-Warkentin September 6, 2017

Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola futures remain stuck in a rather narrow range, with seasonal harvest pressure weighing on the one side while solid demand provides support on the other side. “We’ve been in a sideways trading environment for 2-1/2 years, and I don’t see that changing,” said Mike Jubinville of ProFarmer Canada. […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans bounce off six-year-low on bargain buying

By Rod Nickel August 25, 2015

Reading Time: 2 minutes Winnipeg | Reuters — U.S. soybeans rebounded on Tuesday off a more than six-year low, helped by China’s decision to cut interest rates, although fears of a cooling economy in the world’s largest buyer of the oilseed kept gains in check. Bargain buying and a bounce in other commodities, such as crude oil, nudged soybeans […] Read more

Daily Network News

Despite cheaper land costs, Canadian farmers at slight revenue disadvantage to U.S.

Feed grain weekly: Western Canadian barley bids seasonally firm

China’s Q1 pork output up 4.2 per cent from a year earlier, lags expectations

Tag Archives interest rates