It’s the weekend! Have you finished your Christmas shopping yet? 18 days left to do so! On today’s RealAg Radio show, guests include: News with Guse — Canadian unemployment rate down, Bayer releases more than 300 safety studies about glyphosate, funding announced for east coast seed development, phase II of the Dairy Farm Investment Program, propane production set to increase,… Read More
Friday on RealAg Radio we have a loaded show full of insight. Our guests include: JP Gervais, chief economist for Farm Credit Canada to talk about China’s economic health; Justin Funk, of Agristudies, on farmer loyalty; and, Cam Dahl of Cereals Canada on marketing this year’s wheat crop abroad on the new crop mission. Subscribe:… Read More
Ever since the great recession of 2008, interest rates have been ‘abnormally’ low. Although there has been noise about rising interest rates, the economic argument has been weak. But the economy is getting stronger, and along with that the argument to raise interest rates is also getting stronger. In this interview RealAg Radio host Shaun… Read More
There are many who likely bristle at the thought of a foreign country investing in Canada, perhaps because most equate “investment” with “land buying.” But when we’re talking foreign direct investment, in this case, we’re talking about companies investing in Canadian businesses, and vice versa. And, as J.P. Gervais, chief agricultural economist with Farm Credit… Read More
Farmland values across Canada continued their climb in 2017, rising by a national average of 8.4 percent, according to Farm Credit Canada’s annual farmland values report. Saskatchewan saw the largest increase, at 10.2 per cent, followed by Nova Scotia at 9.5 per cent, Ontario at 9.4 per cent, Quebec at 8.2 per cent, and Alberta at… Read More
Wednesday was a big day for economic news in both Canada and also for our friends south of the border, in the United States. Here at home, the market is digesting the most recent GDP data for November, while the U.S. Federal Open Market Committee made the decision to hold interest rates in the country…. Read More
On Friday, Statistics Canada released its third-quarter economic report, which included an update on gross domestic product and job growth. With the Canadian government boasting a strong economy and North American Free Trade Agreement (NAFTA) negotiations in an arguably precarious situation, many experts are watching the domestic economic climate very closely. Some of the highlights… Read More
Every week, there are mountains of global economic data to shuffle through. The past week’s info has Farm Credit Canada’s vice president and chief agricultural economist, JP Gervais, thinking about the direction of China’s economy. “If we just focus on China, economic growth of 6.7 percent — that’s actually pretty strong,” says Gervais, referring to… Read More
Farmland values across Canada continue to climb. Some very early seeding is beginning in the West, although there are concerns about dryness. Canada and the EU continue to work on their trade deal, and a popular reality TV veterinarian is showing how farmers care for their animals. We hear from FCC economist JP Gervais, trade minister… Read More
The average value of farmland in Canada continued to rise at a double-digit rate in 2015, according to Farm Credit Canada’s annual farmland values report published on Monday. FCC says “this year in particular, the differences between regions within each province varied a lot,” but the average value of farmland across the country rose by… Read More
As expected with lower crop prices, new data from Farm Credit Canada shows the red-hot market for farmland cooled off in 2014. According to FCC’s annual Farmland Values Report released April 13th, the average value of agricultural land in Canada rose by 14.3 percent in 2014 — down from an increase of 22.1 percent in 2013 and a… Read More
We have all heard the saying, “what goes up must come down,” but does that maybe not apply to land values? This week FCC released its newest version of the Farm Credit Canada Farmland Values Report and the results continue to verify the upward trend of land values. It is becoming ever more difficult to… Read More