New technologies may work in the lab or in a research setting, but can they provide value in the real-world on a modern, large-scale commercial farm? That’s the basic premise behind a unique arrangement that has come to be known as “Innovation Farms,” just northwest of Winnipeg, Manitoba. Grosse Isle-area farmer and long-time seed grower… Read More
Tag: Farm Credit Canada
If a farm has the capacity to buy land, it’s often stymied by the lack of land for purchase, not an unwillingness to take on the work or the debt. It’s still surprising to learn that about 40 per cent of land being farmed in Canada is being rented, according to Farm Credit Canada (FCC)…. Read More
Thanks for tuning in to this Tuesday edition of RealAg Radio! On today’s show, host Shaun Haney is joined by JP Gervais of Farm Credit Canada, to discuss land rental rates. Haney is then joined by Greg Northey of Pulse Canada, on the changes needed for inter-switching and improving railway productivity. Thoughts on something we… Read More
Farm Credit Canada’s (FCC) Sustainability Incentive Program is open to applicants in partnership with the Canadian Roundtable for Sustainable Beef (CRSB) and McCain Foods. The program pays out incentive payments calculated on a portion of a customer’s lending with FCC if they are also participating in specific certification programs, including the CRSB certification initiative and… Read More
Ontario and PEI led farmland value growth for Canada in 2022, but each province showed a strong gain in value, according to the annual farmland report put out by Farm Credit Canada (FCC). As a whole, Canadian farmland value increased 12.8 per cent in 2022, an increase from 8.3 per cent growth in 2021, says… Read More
The expectation of Canada’s gross domestic product number (GDP) wasn’t great — analysts predicted 1.5% GDP growth in Q4; Farm Credit Canada was slightly more optimistic at 1.7%, but both expectations were off. The GDP growth for Q4 ended up being — wait for it — zero. J.P. Gervais, chief economist for Farm Credit Canada… Read More
Justine Hendricks is less than a month in to her role as president and CEO of Farm Credit Canada (FCC), but she says she’s already shook about 800 hands. Hendricks, speaking from FCC’s Kanata, Ont., office, says starting in prime farm conference season has been an excellent way to meet so many faces in the… Read More
Hello March! Thanks for tuning in to RealAg Radio. Today’s show is brought to you by U.S. Borax. On today’s show hear: Art Douglas, professor emeritus at Creighton University in Nebraska, on the long term weather forecast for 2023; JP Gervais, Farm Credit Canada, on Canada’s weaker than expected GDP number; and, Kent Bacus, National… Read More
Justine Hendricks has been appointed the new president and chief executive officer (CEO) of Farm Credit Canada (FCC). Hendricks has held various positions at Export Development Canada (EDC) over the past 16 years, and was named EDC’s senior vice-president and chief corporate sustainability officer, of sustainability business and enablement in 2019. She also designed and… Read More
Thanks for tuning in to this Tuesday edition of RealAg Radio, with host Shaun Haney. Haney is joined by Mary Robinson, president of the Canadian Federation of Agriculture, on the sustainable ag strategy the government has launched. We will also hear a clip with Kara Oosterhuis and JP Gervais of Farm Credit Canada, on whether… Read More
The Bank of Canada raised its overnight rate by 0.50 per cent earlier this week, but signalled this may be the beginning of the end for rate hikes. What does this, a tight labour market, and high commodity prices have in store for 2023? J.P. Gervais, chief economist with Farm Credit Canada, spoke this week… Read More
When Farm Credit Canada (FCC) released its first-half of 2022 farmland values report earlier this week, reaction was somewhat mixed, ranging from “Well, of course prices are still strong!” to “This kind of growth is absurd given current conditions.” As J.P. Gervais, senior economist with FCC explains, it’s important to look at the 8.1 per… Read More
Happy Wednesday! Thanks for tuning in to RealAg Radio. On today’s show we will hear from J.P. Gervias with Farm Credit Canada on mid year land value report, and Greg Northey with Pulse Canada on railways underperforming through Week 8 of the grain shipping season. Don’t miss out spotlight interview with Scott Anderson of Nutrien… Read More
A mid-year review of farmland values by Farm Credit Canada (FCC) suggests climbing interest rates and poor growing conditions in 2021 have done little to temper demand for Canadian farmland. “Strong farm cash receipts, buoyed by robust commodity prices, have managed to quell some of the profitability challenges from higher interest rates and farm input… Read More
On September 7th, the Bank of Canada announced a rate increase of 75 basis points bringing the overnight rate to 3.25 per cent. The move wasn’t a surprise to many, yet begs the question, are we done yet? The increase is designed to curb consumer spending and ultimately blunt inflation, however, consumer spending isn’t always… Read More