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

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

Thanks for tuning into this Wednesday edition of RealAg Radio, brought to you by MNP. Today we will hear from the following guests: JP Gervais with Farm Credit Canada on the Bank of Canada announcing another 75 basis-point rate hike this morning, and general economic direction; Jim McCormick, co-founder of AgMarket.net on market fundamentals with… Read More

While inflation continues to soar based on new data released by Statistics Canada on Wednesday, commodity markets have tumbled over the last few days over fears of a recession. Today’s show, hosted live by Shaun Haney in southern Ontario this week, includes the following guests and topics: Joe Vaclavik, president of Standard Grain on the… Read More

A Liberal election promise to expand and rename Farm Credit Canada has been cancelled, according to the federal agriculture minister. The party’s platform in the fall of 2019 included a promise to “merge existing financial and advisory services currently scattered between several agencies into Farm Credit Canada, whose mandate will be expanded and enhanced.” The… Read More

Canadian beef producers who are certified through the Canadian Roundtable for Sustainable Beef (CRSB), are now eligible to receive an incentive payment from Farm Credit Canada (FCC) of up to $2,000. Curtis Granger, director of lending products and sustainability programs with FCC, says the main motivation behind the incentive payment is to increase certification for FCC customers…. Read More

The 2021 average increase in farmland values isn’t entirely surprising, says J.P. Gervais, chief economist for Farm Credit Canada (FCC), but the magnitude of the increase certainly is. With a weighted average of 8.3 per cent on the year, the significant weather events of the year — the extreme drought for the Prairies and parts of… Read More

According to Farm Credit Canada’s Farmland Values Report, Canadian farmland increased in value by 5.4 per cent in 2020 and 8.3 per cent in 2021, an entire year under pandemic conditions and during an extreme drought for Western Canada. The largest increases were in Ontario (22.2 per cent) and British Columbia (18.1 per cent), followed… Read More

 

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