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Family members’ unspoken expectations can turn out to be “the silent killer” of a family farm, FCC’s Tim Lang says.
Features

Plan now for a farm’s future

FCC business advisor Tim Lang offers advice on what families need to consider in transition planning

By
With Canada’s farm population aging, it stands to reason transition planning would be a high priority for farmers in this country. But that doesn’t appear to be the case. Despite 60 per cent of Canadian farmers being age 55 or older, fewer than one in 10 have a written transition plan, according to Farm Management […] Read more
(Dave Bedard photo)
General

FCC’s top economic charts to monitor in 2024

Downward trends for cattle, swine herds; positive bent to feed, fertilizer affordability

By
As we start the new year amid elevated inflation and major headwinds facing the economy, here are our top charts to help make sense of the economic environment for farm operations, agribusinesses and food processors.
(Dave Bedard photo)
Crops, General

FCC announces new 4R incentive

The program is open to FCC customers who use AgExpert platform

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FCC announced the new Sustainability Incentive Program at the Western Canadian Crop Production Show in Saskatoon. The program is open to FCC customers who put a 4R nutrient management plan in place, record production activities through AgExpert Field, and have their 4R practices verified by a 4R designated agronomist.
Andrea Borodenko and Antoine Casimir have acquired Quebec’s Production Lareault.(CNW Group/Production Lareault)
Crops, Fruit/Vegetables

Major strawberry plant producer changes hands

New owners get funding to buy Lareault business

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The Quebec company billed as Canada’s largest producer of strawberry plants has picked up new ownership after nearly 70 years. Production Lareault, based on just over 450 acres at Lavaltrie, Que. — about 40 km northeast of Montreal, in the province’s Lanaudiere region — has been acquired by investors Antoine Casimir and Andrea Borodenko for […] Read more
(Dave Bedard photo)
Beef Cattle, Livestock

FCC to offer beef heifer replacement loans

Loan program for those wanting to build, maintain herds

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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
(Dave Bedard photo)
Crops, Markets, Weather

FCC offers new credit line against ‘current economic environment’

Ag lender to waive loan processing fees

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Farm Credit Canada’s recent outreach to specific agrifood sectors hit by unusual environmental conditions has now extended to those hit by the broader “economic environment.” The federal ag lender on Tuesday said it will offer an unsecured credit line of up to $500,000 with loan processing fees waived, “to help producers, agribusinesses and agri-food operations […] Read more
Asking for higher compensation can be difficult, and arguments arise when what you think you need is perceived by your employer, the farm parents, as a want.
Columns, Farm Life

How to ask for better compensation on the farm

Talking about money can be less stressful when you start with a “reality check” of what you need

By
Young farm families have many expectations to manage as they work on farms as employees, raise small children and juggle time to generate off-farm revenue. Asking for higher compensation can be difficult, and arguments arise when what you think you need is perceived by your employer, the farm parents, as a want. Talking about money […] Read more
(Shotbydave/iStock/Getty Images)
General, Markets

Buy or rent? Land rent-to-price ratio can help farmers decide

FCC sees current ratios on farmland as (roughly) stable

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Higher interest rates don’t seem to be affecting the ratio between land values and land rental costs — at least, not yet. Farm Credit Canada’s latest analysis of farmland rental prices says they’re roughly maintaining their traditional linkage, says J.P Gervais, the organization’s chief economist. “We were curious to see whether that would bring up […] Read more

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