Thanks for tuning in to this episode of RealAg on the Weekend! On this weekend’s show, host Shaun Haney is joined by: Ed Broschinski with Cargill Marketsense on the current state of the markets; J.P Gervais with Farm Credit Canada on the land value report; and, RealAgristudies data on how important trade is and market… Read More
Tag: J.P. Gervais
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
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
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
Welcome to this Tuesday edition of RealAg Radio! We’re nearly half-way through March, if you can believe it. Today’s focus is heavy on land prices — so you won’t want to miss it. You’ll hear: J.P. Gervais of Farm Credit Canada, breaking down some of the highlights from FCC’s Farmland Values Report; Janice Tranberg 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
One of the conversations in the first few weeks of the new year often ask the question “What should I be paying attention to?” Farm Credit Canada (FCC) has released its list of the top 5 economic trends for Canadian agriculture and food to watch in 2022. J.P. Gervais, chief economist at FCC, joined RealAg… Read More
Guess what? We have another great RealAg LIVE! episode for you and today’s focus is Farm Credit Canada’s latest trade report. Joining host Shaun Haney is J.P. Gervais, chief economist with Farm Credit Canada (FCC). RealAg hosts a LIVE! Q&A on a timely topic each weekday on social media at 1 pm M/3 pm E!… Read More
According to the latest trade report from Farm Credit Canada (FCC), one of Canada’s greatest opportunities for growth in global trade is in the food and beverage processing industry. “World population growth, higher purchasing power in emerging markets and new trade agreements are key factors in potentially creating more opportunities for Canada to increase exports,”… Read More
The Bank of Canada has announced it will hold firm at a 0.25 per cent interest rate for now; and, given the commentary around the announcement, likely for some time. According to J.P. Gervais, chief economist with Farm Credit Canada, it’s not an unexpected outcome. “When you comb through the [Bank of Canada] statement, what… Read More
We’ve reached the mid-week edition of RealAg Radio! Thanks for joining us. Today’s show is brought to you by Farmers Business Network! On today’s show you’ll hear from: Breen Neeser, Canadian country head of Farmers Business Network; Carrie Tait, reporter with The Globe and Mail, on a recent article she wrote about rural communities; J.P…. Read More
Today’s LIVE! segment features J.P. Gervais, chief economist with Farm Credit Canada, and our illustrious host Shaun Haney to talk all about farm economics, Canada jobs numbers, and the latest analysis on global trends and interest rates. Tune in every Tuesday, Wednesday, and Thursday at 3 pm Eastern on Facebook, Twitter, YouTube or Twitch, for… Read More
As we enter the second month of physical distancing and economic shut down during the COVID-19 pandemic, discussions have begun on easing restrictions and potentially allowing some people to get back to work. But we don’t know how long that might take, or when it will happen, or what the economic recovery will look like… Read More
Snowflakes are flying across the Prairies, and some parts of Alberta are seeing -20 degrees C. How about that for April 1st? Usually, the dust is flying around this time of the year. It may be time to cozy up with a good blanket, and listen to our latest RealAg Radio episode! On today’s show,… Read More