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Tag Archives Farm Credit Canada

combining wheat
Crops, Weather

Guenther: Sask. canola, wheat crops still stranded

Spring harvest likely for some Prairie farmers

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In north-western Saskatchewan, farmers are crossing their fingers that warm weather will hold long enough for them to get the last of their crops in the bin. There’s “more than enough” canola and wheat in the fields in the Glaslyn area, says Dave Shepherd, location manager at AgriTeam. Shepherd estimates that 30 per cent of […] Read more
(Dave Bedard photo)
Crops, Reuters

Farmers’ debt seen hitting fresh record high

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Reuters — Canadian farmers’ debt will likely reach another record high this year, while land appreciation slows and incomes flatten, but the industry is still in strong financial shape, the country’s biggest agriculture lender, Farm Credit Canada, forecast on Tuesday. FCC, the federal Crown ag lending agency, sounded a note of caution for farmers, who […] Read more
Farmland prices, on average, were up 12.4 per cent and 10.1 per cent in Manitoba and Canada, respectively, says Farm Credit Canada’s chief economist J.P. Gervais. The annual rise in farmland values is slowing, but still expected to be positive in 2016 so long farm cash receipts remain stable.
News

Manitoba, Canadian farmland values up again in 2015

Farm Credit Canada says the annual percentage increase in farmland values is getting smaller

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Manitoba farmland values led the way with the highest average percentage increase in Canada last year, says Farm Credit Canada (FCC). But the pace of increases the last few years here and across Canada is slowing in step with the plateauing of farm cash receipts, and slower drop in interest rates, J.P. Gervais, FCC’s chief […] Read more
(Dave Bedard photo)
Crops, Markets

Farmland fundamentals potentially bearish: FCC

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Having tracked more double-digit percentage increases in Canadian farmland prices through 2015, Canada’s federal farm lender sees factors lining up for those values to retreat. Farm Credit Canada’s latest Farmland Values Report, released Monday, logged a 10.1 per cent increase in average farmland values in Canada in 2015, down from a 14.3 per cent rise in […] Read more
aerial view of farmland
Crops, Features

High land prices hurt new farmers

Price increases may be slowing, but it’s a tough time for farmers to buy land


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Western Canadian farmland has never been more expensive. According to J.P. Gervais, the chief economist for Farm Credit Canada (FCC), which provides data at the national level for Statistics Canada, farmland values continued to increase throughout 2014. “In a few months the report will be released, but we know that farmland values have continued to increase throughout […] Read more
Any delays to seeding due to spring rain aren’t expected to be as prolonged as last year’s, Drew Lerner told farmers in Regina. (Leeann Minogue photo)
Crops, Markets

Minogue: Optimism reigns at FCC outlook meeting

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Regina — Despite commodity prices down off recent highs, resurgent transportation problems and crop disease issues across the Prairies, farmers heard all good news at Farm Credit Canada’s Ag Outlook 2015 conference here Tuesday. “The sky’s not falling,” said J.P. Gervais, chief ag economist for Regina-based FCC. Actually, he said, things are pretty good. If […] Read more

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