Producers Are Looking for Growth in 2011 – Denton McGregor, FCC.

In the short term the financial picture for agriculture looks very good.  Both farmers and livestock producers are very excited about the possibilities in 2011.  With profit comes bullish behaviours of expansion and growth.  In different areas of Western Canada there has been some reports of very steamy land rental rates based on the prices of canola and special crops.  With interest rates still relatively low the ability to finance seems greatly possible for many producers.  The challenge for many producers is to not overshoot their means and overextend themselves if the financial picture looks different a year from now.

At CropWeek 2011 I spoke to Denton McGregor from Farm Credit Canada about the current bullishness of land prices and land rent.  I asked Denton whether FCC’s clients are paying off debt or trying to expand.  We also talked about how the bank currently views interest rates.

If you cannot see the embedded video click here


Shaun Haney

Shaun Haney is the founder of He creates content regularly and hosts RealAg Radio on Rural Radio 147 every weekday at 4:30 PM est. @shaunhaney


Wheat prices jump into August — This week in the grain markets

This week, winter wheat prices touched a three-year high, but it didn’t last. Chicago SRW wheat prices for September 2018 gained 5 per cent or about 26 cents US/bushel to close at $5.56. While the December 2018 contract was up 5.4 percent — or nearly 30 cents — to finish a tad under $5.80. In…Read more »


Leave a Reply


This site uses Akismet to reduce spam. Learn how your comment data is processed.