There has yet to be a successful bid for Merit Functional Foods nine months after the plant protein company, with its processing plant in Winnipeg, Manitoba, entered receivership. Merit’s receiver — PwC — filed a court update on Nov. 14 acknowledging the sales process launched in March had not resulted in any purchase agreement. The… Read More
Tag: Farm Credit Canada
Farm Credit Canada (FCC) has announced a new loan program to help cattle producers maintain or expand herds in the face of high cattle prices and tight feed supplies. The FCC Replacement Heifer Program is a loan with a maximum two-year period of interest-only and a maximum life of seven years. For this loan, variable… Read More
On this weekend’s show, host Shaun Haney is joined by: Andrew Pritchard with Nutrien with a fall weather forecast; Steve Pratte with the Canadian Canola Growers Association on a Transport Canada rail review; J.P. Gervais with Farm Credit Canada on FCC’s mid-year land value report; and, David Marit, Saskatchewan Minister of Agriculture on why the… Read More
Thanks for tuning in to this Wednesday edition of RealAg Radio. Host Shaun Haney is joined by: J.P. Gervais with Farm Credit Canada to discuss the mid-year land values report; Hear a spotlight interview with Paul Sinkevich for Vantage Ag on their new fertilizer product; Andrew Pritchard with Nutrien on the upcoming eastern forecast and… Read More
Even as inflation continues to grow and increasing borrowing costs have put pressure on farm incomes, farmland values across Canada rose 7.7 per cent in the first half of 2023, according to Farm Credit Canada’s Mid-Year Land Value report. Tight supply has continued to support land appreciation for now, says FCC chief economist J.P. Gervais…. Read More
Farm Credit Canada (FCC) has announced a three-year extension of its sponsorship of the Ottawa Smart Farm. The partnership with Area X.O, the research and development complex for next-gen smart mobility, autonomy and connectivity and home of the Ottawa Smart Farm, is designed to accelerate agri-tech innovation, adoption, and impact on farmers, Canada’s agricultural sector, and… Read More
Farm Credit Canada has announced a new financial commitment in the development of agriculture startups through a partnership with Saskatchewan-based Agtech Accelerator. The accelerator is a venture-backed program founded by Cultivator powered by Conexus, Emmertech, and Economic Development Regina (EDR). “Providing financial support to Agtech Accelerator is a natural fit for FCC’s venture capital program…. Read More
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
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