All told, be very cautious about your expenditures for this year. Try to save on expenses wherever you can. Be extra-careful about new capital expenditures such as machinery, buildings, land and major equipment.
Tag Archives farm loans
Shifts in the cash crop economics outlook for 2025
Farm Business Management: The bottom line is, be very cautious about your expenditures for this year
Practical strategies to stay financially organized on your farm
Seeds of Encouragement: Managing the farm’s day-to-day is one thing; keeping its books up to date is quite another
Elaine writes: It’s a new year and time for a fresh start in getting your important farm details in order. Alyssa Brown, CPA, from Olds, Alta., is part of our coaching team. She grew up on the farm and now advises farmers how to make life better. Here’s her encouragement to you at the start […] Read more
FCC to offer beef heifer replacement loans
Loan program for those wanting to build, maintain herds
Cattle producers wanting to expand or maintain herds — in a time of nationwide herd contraction — are the expected beneficiaries for a new loan program from Farm Credit Canada. FCC on Tuesday announced what it calls the Replacement Heifer Program, consisting of a loan with a maximum loan life of seven years and a […] Read more
Alberta lifts feeder loan guarantee limit
Amendment boosts individual limit by 50 per cent
Alberta has boosted the limit on the size of loan available under its Feeder Associations Loan Guarantee program, aiming to help producers keep up against rising livestock prices. An order in council amending the provincial Feeder Associations Guarantee Regulation was approved Monday, raising that program’s individual and joint-membership loan limit to $3 million, from $2 […] Read more
Rabobank to offer Canadian farm-level lending
Dutch co-operative bank's Canadian arm to loan directly to farmers, starting on Prairies
Updated — A global financing firm operating at higher altitudes in Canada’s food and agrifood sector now plans to expand its business down to the farm and ranch level. The Canadian arm of Rabobank — an Amsterdam-based farmer co-operative lender, providing banking, leasing and real estate services in more than 38 countries — announced Tuesday […] Read more
How a major U.S. farm lender left a trail of defaults, lawsuits
Harrod, Ohio | Reuters — After completing a credit review in a half-hour phone call, a BMO Harris Bank underwriter cleared US$12 million in loans for Ohio corn and soybean producer Greg Kruger in 2013. Kruger had initially asked for a $2 million loan to build a grain elevator. But the Chicago-based bank, one of […] Read more
Brazil may raise farm subsidies despite belt-tightening
Brasilia | Reuters — Brazil could double spending on subsidized farm insurance in 2020 and may expand subsidized loans, the country’s agriculture policy secretary said on Thursday, even though the new government’s economic team has pledged to cut spending. The negotiations on next year’s farm subsidies highlight the powerful agribusiness lobby’s struggle to preserve benefits […] Read more
USDA recalls workers to help with farm loans, taxes; data uncertain
Washington | Reuters — The U.S. Department of Agriculture will reopen about 980 Farm Service Agency (FSA) offices for three days starting on Thursday to help process farm loans and tax documents during the partial federal government shutdown. About 2,500 FSA employees who have been furloughed by the partial shutdown that began on Dec. 22 […] Read more
Pulse weekly outlook: Eyes on India as North America’s prices firm
CNS Canada — From where Prairie pulse market analysts sit, India’s politics and current weather situation remain important to watch. India’s national election will be called in the next three to five months. “There’s so many hundreds of thousands of farmers in India and they have political clout,” said Allan Johnston of Johnston Grains at […] Read more
Cyber-Savvy Farmer
