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Tag Archives Farm Credit Canada

Justine Hendricks, shown here in a 2019 video, is the new CEO of Farm Credit Canada. (Elevate International video screengrab video via YouTube)
General, Markets

EDC executive to lead Farm Credit Canada

Justine Hendricks to replace retiring Michael Hoffort

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Canada’s federal farm lender is importing its next chief executive from Export Development Canada. Federal Agriculture Minister Marie-Claude Bibeau on Wednesday announced the appointment of Justine Hendricks, EDC’s senior vice-president and chief corporate sustainability officer since 2019, as FCC’s new CEO effective Jan. 30, 2023. As CEO, Hendricks replaces Michael Hoffort, an FCC staffer since […] Read more
(Luca Piccini Basile/iStock/Getty Images)
General, Machinery, Markets

Farm equipment demand to remain high, FCC says

Low inventories, high commodity prices and a good crop place pressure on demand

By
Demand for farm equipment should remain high through 2023 despite higher interest rates and projected price increases, according to Farm Credit Canada. The federal ag lender has released an outlook on the farm equipment market that analyzed data and trends that affect the market. While the outlook attributes much of the current demand to relatively […] Read more
Farmers face a number of uncontrollable factors that can lead to high rates of depression, anxiety, even suicide. (Eclipse_images/E+/Getty Images)
General

Free mental health training, workshops offered for farmers

Do More Ag Foundation expands programming available

By
Farmers seeking mental health support will have access to free training and community workshops for the fourth year in a row via the Do More Agriculture Foundation (DMAF) and Farm Credit Canada (FCC). Factors such as financial insecurity, uncontrollable weather and isolating working conditions contribute to high depression, anxiety and suicide rates among farmers, according […] Read more
A new program is making it easier for producers to learn key skills for taking care of their businesses, workers and themselves.
News, Wheat & Chaff

Free online course for business planning skills

By
No matter what stage your farm is in, business management practices play a crucial role in your farm’s success and longevity. But how to go about figuring out which practices to implement? And it can be a daunting task — especially after a long day spent in the fields. Fortunately, a new program is making […] Read more
For more than a decade, the Canadian Agricultural Safety Association has been raising awareness about the importance of safety on Canadian farms.
News, Wheat & Chaff

CASA celebrates Ag Safety Week: ‘Safety is Our Standard’

By
March 13-19, 2022, is the first Canadian Agricultural Safety Week (CASW) under the banner “Your Farm, Your Family, Your Success.” Organizers are calling all farmers, ranchers, farm families, farm workers and farming communities to implement farm safety plans, talk about farm safety and value #FarmSafetyEveryday. Canadian Agricultural Safety Week is an annual public campaign committed […] Read more
(Dave Bedard photo)
General, Markets

Rate of rise in farmland value ‘surprised’ in 2021

Canada books 8.3 per cent year-over-year increase, FCC reports

By
MarketsFarm — Despite a year of economic uncertainty due to extreme weather, reduced crop yields and the COVID-19 pandemic, the value of Canadian farmland rose by its highest rate in four years, according to a report from Farm Credit Canada (FCC). FCC’s report, released Monday, revealed that the national average value of farmland increased by […] Read more
(Dave Bedard photo)
General, Markets

Farmland appreciation continues through pandemic year

FCC report puts Canada's average land value increase at 5.4 per cent

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Economic churn across Canada from the global COVID-19 pandemic didn’t faze the country’s real estate market — nor its farmland market in particular — in 2020, according to the latest review from the federal farm lending agency. Farm Credit Canada on Monday released its 2020 Farmland Values report, showing an average increase of 5.4 per […] Read more
(Dave Bedard photo)
General, Markets

FCC identifies export, market opportunities for Canadian food

The ag lender's latest report highlights canola oil, pork, potato products, crab meat

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Canada is already a major exporter of agricultural goods, food and beverages — but increasing food and beverage exports is still one of Canada’s biggest trade opportunities, Farm Credit Canada (FCC) says. And by diversifying exports, farmers will become less dependent on current major markets, reducing their financial risk. “When borders close for any number […] Read more
(Shadowinternet/E+/Getty Images)
Hogs, Livestock

Pork sector’s calls for aid heard, not yet answered

Federal government says it's examining "all options"

By
Federal Agriculture Minister Marie-Claude Bibeau’s office said late last week the government is working “around the clock” to respond to the pandemic’s impact on farmers and agri-food businesses. But there was no commitment to the direct support Canadian pork industry officials say is now necessary to carry the sector through a crisis which has led […] Read more

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