Pork consumption in Canada dropped sharply in 2024 as price inflation reduced its appeal as a budget-friendly protein, Farm Credit Canada said in a recent report.
Tag Archives Farm Credit Canada
Canadian pork consumption saw sharp drop in 2024
Reduced demand a challenge for an industry facing U.S. tariffs and recovering from recent low revenue years
FCC’s charts to consider in 2025
On a per-acre basis, equipment costs have risen faster than farm revenue
Editor’s Note: Following are excerpts from a Jan. 15 blog post by the Economics branch of Farm Credit Canada. “As we start the new year amid new challenges, including slowing population growth and potential trade barriers, here are our top charts to help make sense of the economic environment for the agriculture and agri-food sector, […] Read more
Launching National Farmer Crisis Line
Crisis line is available at 1-866-FARMS01 (1-866-327-6701)
As farming gleans stress from a variety of sources, the Canadian Centre for Agricultural Wellbeing announced on Feb. 4 that it has set up the National Farmer Wellness Network. The crisis line is available free of charge and was designed specifically for the mental health challenges faced by Canadian farmers, their families as well as […] Read more
Manitoba Ag Days: Loonie above 70 cents? Not anytime soon, says Farm Credit Canada
The dollar may be in the stratosphere, but few experts are predicting that it will weaken anytime soon. That includes economists with FCC.
U.S. farm bill, biofuels and vCOOL among American trends worth watching FCC says
Voluntary country of origin labelling (vCOOL) for beef and pork, biofuel tax credit changes, and an impending U.S. farm bill are three U.S. agriculture trends worth watching according to recent analysis from Farm Credit Canada (FCC).
Land values continue to rise: FCC
Farm Credit Canada’s mid-year review shows cultivated farmland values rose an average of 5.5 per cent in the first half of this year.
Pressure on farm income could push input prices down says FCC economist
Next year's farm input market will depend on the level of pressure on farm income, but early signs suggest input prices could come down according to recent analysis from Farm Credit Canada.
Equipment sales to slow in 2024
Overall sales could decline by up to 15 per cent in Canada
Farm Credit Canada recently released a farm machinery market outlook for 2024 — and the news isn’t all that great for Canadian equipment dealers, especially when it comes to harvesting equipment. Despite new combine sales growing 5.5 per cent in 2023 in Canada compared to 2022, according to the Association of Equipment Manufacturers (AEM), the […] Read more
Farmland value growth slowed in 2023, FCC says
Saskatchewan, Quebec and Manitoba saw strongest growth in 2023, report shows
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
The dairy sector seems set to stabilize in 2024 amidst high processor demand and leveling-off input costs, Farm Credit Canada says.
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