The FCC Farmland Values Report showed increases for 2023, raising land affordability challenges for farm operations. Generally, the cost to rent farmland is lower than financing, making it a worthy alternative to support cash flow and minimize financial risk. Location is always a key factor, and with many rental agreements locked in for multiple years,… Read More

Renting land is a business approach that offers financial flexibility because the financial cost of renting is often lower than buying. Renting may be a great option, especially for young farmers or new entrants, to maximize equipment use, expand their land base, and grow their operation. Buying land can tie up your available capital and… Read More

COVID-19 and the subsequent lockdowns, distancing, and cancelled learning events have had a profound impact on so many. Our food systems, food processing, and focus on local economy may be forever changed by this pandemic. Marty Seymour, director of industry and stakeholder relations with Farm Credit Canada, joins our host Kara Oosterhuis for today’s LIVE!… Read More

You can’t manage what you can’t measure, but measuring — whether it be yield, ratios, or cash on hand — requires record-keeping. Moving to an online or Cloud-based data platform can leave some farmers feeling a little anxious about the security of the information they enter and save electronically. “Farmers are busy, they’ve got a… Read More

Agriculture is full of unpredictable events — weather, markets, even a pandemic. How can a planning tool be useful when there are so many factors outside of farmers’ control? Chris Vanthuyne, a senior product owner with AgExpert at Farm Credit Canada, says that even when there’s uncertainty, key farming decisions still have to happen in… Read More

As farming gets more complex and farms get larger, the recording and reporting requirements expected from Canadian farmers grows, too. Pen and paper record-keeping methods — although they’ve been successful for farmers in the past — are going to need the same updates and advancements that combines, tractors, and agriculture technology have enjoyed. How can… Read More

No one can predict how long the COVID-19 pandemic will last, but a huge focus on social and physical distancing has been effective, at least in part, to “flattening the curve” of infection and critical illness. Tracking on an inverse curve is the local and global economy. Right now uncertainty, social distancing, and shuttered businesses… Read More

Prime Minister Justin Trudeau has announced additional support for farmers and farm businesses, following last week’s announcement of $82 billion in various spending measures in response to the COVID-19 outbreak. Parliament will reconvene March 24, 2020, to pass emergency legislation for these previously announced measures, and to release $5 billion in additional lending capacity through Farm… Read More

Prime Minister Justin Trudeau and Finance Minister Bill Morneau have rolled out a series of economic measures to assist Canadian workers and business owners in dealing with the realities of COVID-19. Agriculture was mentioned as the Prime Minister said, “for farmers and our primary food producers we will boost Farm Credit Canada.” “For farmers and… Read More

When a farm business transitions from one generation to the next, there’s a laundry list of technical things to do — business structure changes, estate planning, loans, and insurance. But there’s more to farm succession than just the technical aspects, and Farm Credit Canada (FCC) has created a new role within the organization to help… Read More

Happy Friday! For today’s RealAg Radio show, host Shaun Haney has the following guests: RealAgriculture’s news lead, Jessika Guse with the top ag news stories of the day; Robin Speer with Prostate Cancer Canada is in to explain the #PlaidForDad campaign; J.P. Gervais, chief economist with Farm Credit Canada discusses interest rates; and, RealAgriculture’s Lyndsey… Read More

The Ag Women’s Network (AWN) has announced that Farm Credit Canada (FCC) will fund this year’s mentorship program for Ontario women in agriculture. “A mentorship is a valuable tool for leadership development, and we are proud to offer the mentorship program for a second year. Our team has taken feedback from industry and last year’s… Read More

 

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