Thanks for tuning into this Wednesday edition of RealAg Radio! On this episode, host Shaun Haney is joined by: Dennis Laycraft with Canadian Cattle Association on the USDA final rule for the “Product of USA label” Curt Blades with Association of Equipment Manufacturers, on the machinery market in 2024; JP Gervais with Farm Credit Canada… Read More
Tag: JP Gervais
Canadian farmland values increased at a lower rate in 2023 compared to 2022, but still posted a double-digit average increase at 11.5 per cent. The national average was 12.8 per cent in 2022, according to the FCC Farmland Values Report. The highest average provincial increases in farmland values were observed in Saskatchewan, Quebec, Manitoba and… 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
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
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
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
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
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
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
What goes up must come down, but if you’re waiting for deflation to begin any time soon, you may be in for a long wait. Inflation — and the increasing interest rates designed to put a pin in it — is top of mind for every economist right now, and Farm Credit Canada’s chief economist… 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