Farm Credit Canada Archives - Page 8 of 8

Back to Ag Program: a farm success story

By Canadian Agricultural Safety Association December 19, 2016

The Back to Ag Program is a funding project focused on supporting the cost of adaptive technology for farmers that have experienced a traumatic injury. The Back to Ag Program is the result of a partnership between the Canadian Agricultural Safety Association, Farm Credit Canada and the Rick Hansen Foundation. Barry Cloutier, a farmer from […] Read more

Crops

FCC doubles down on Young Farmer Loans

By Grainews Staff, GFM Network News December 9, 2016

Eligible farmers under age 40 will be able to get larger loans for less of a down payment through an expansion of Farm Credit Canada’s Young Farmer Loan plan. The federal farm lending agency on Wednesday announced the program’s credit limit per applicant will be doubled to $1 million, with a minimum down payment of […] Read more

Crops, Weather

Guenther: Sask. canola, wheat crops still stranded

Spring harvest likely for some Prairie farmers

By Lisa Guenther November 4, 2016

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

Crops, Weather

FCC offers to bend terms for soaked Prairie growers

By Grainews Staff, GFM Network News November 1, 2016

Canada’s federal farm lender says it will be flexible with qualifying Prairie crop growers facing financial trouble from a rain-soaked harvest season. Areas of Alberta, Saskatchewan and Manitoba have experienced “significant levels of rain in the last half of the growing season and snow since the beginning of October,” Farm Credit Canada said in a […] Read more

Crops, Reuters

Farmers’ debt seen hitting fresh record high

By Reuters, GFM Network News September 7, 2016

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

By Allan Dawson April 12, 2016

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

Crops, Markets

Farmland fundamentals potentially bearish: FCC

By Grainews Staff, GFM Network News April 11, 2016

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

Crops, Hay, Pasture, Weather

FCC to offer breaks on loans in Sask., Alta.

By Grainews Staff, GFM Network News July 13, 2015

Customers of Farm Credit Canada in parched areas of Alberta and Saskatchewan may be able to get breaks on their outstanding loan payments. FCC on Monday announced it would work with affected customers on “solutions for their operation(s)” such as deferral of principal payments and/or otherwise amending their loan payment schedules. The offer applies to […] Read more

Crops, Features

High land prices hurt new farmers

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

By Julienne Isaacs February 24, 2015

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

By Leeann Minogue, GFM Network News January 29, 2015

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

GFM Network News

Huge crops in South America says analyst

U.S. livestock: ‘Cattle on feed’ report supports prices

U.S. grains: Wheat trades near contract lows under ample global supply

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