File photo of Rabobank’s office building in Utrecht. (Rabobank.com)

Rabobank to offer Canadian farm-level lending

Dutch co-operative bank's Canadian arm to loan directly to farmers, starting on Prairies

Updated — A global financing firm operating at higher altitudes in Canada’s food and agrifood sector now plans to expand its business down to the farm and ranch level. The Canadian arm of Rabobank — an Amsterdam-based farmer co-operative lender, providing banking, leasing and real estate services in more than 38 countries — announced Tuesday

David Kayi, a Hello Tractor engineer, installs an application on a John Deere 5503 tractor, using the Hello Tractor technology that connects farmers with vehicles’ owners, at a hay farm at Umande village in Nanyuki, Kenya on Feb. 4, 2020. (Photo: Reuters/Njeri Mwangi)

Deere taps tractor-hailing tech in bid to break ground in Africa

Low incomes, lack of credit hobble African mechanization

Nanyuki, Kenya/Johannesburg | Reuters — It’s ride-hailing, farm style. Deere and Co. is teaming up with the “Uber of tractors” in Africa and betting on a future where farmers summon machines with the touch of a button. The world’s leading farm equipment maker is outfitting its tractors with startup Hello Tractor’s technology, which allows farmers


Young ranchers and farmers are struggling to access land in the face of competition from large and well-established operations the Manitoba Beef Producers heard.

Taking aim at credit options for fledgling farms

Do new farmers need better access to newcomer-friendly financing? At least one producer says yes

When it comes to farmland, the rich get richer and the poor get poorer. Brooke Rossnagel hopes policy-makers will understand it is in the interest of the sector as a whole to break that cycle. He wants better access to credit for new farmers, and he’s hoping that a motion with the Manitoba Beef Producers


Four common foreign exchange myths

Four common foreign exchange myths

Gwen Paddock, senior director, agriculture at RBC is a specialist in agribusiness. Since earning her B.Sc. with a major in agriculture economics she has been working with agriculture clients. A farmer at heart, Paddock was raised on a beef cow-calf farm outside Guelph, Ont.


Visitors check out Deere equipment at the National Farm Machinery show in Louisville, Kentucky on Feb. 11. With U.S. farmers bracing for a third year of declining incomes, many have said 
they can’t afford upgrades — which means tough times for Deere and rivals such as Agco, CNH and Claas.

Tighter credit heralds more pain in U.S. farming downturn

Adjusted for inflation, U.S. farm debt is at its highest levels since the 1980s

Steve Irish used to farm 450 acres of rich crop fields in east-central Illinois, but that 15-year chapter of his life ended with a recent conversation with his banker. The banker was blunt. Irish was deep in debt from the farm equipment he bought, and needed to pay back the money he owed. So now

(Dave Bedard photo)

U.S. regulators revise proposal on commodity position limits

Chicago | Reuters — U.S. derivatives regulators are revising their proposal to limit the positions that traders can hold in commodity markets to make it easier for some hedge funds and banks to keep large trades. The Commodity Futures Trading Commission wants to allow financial firms to count their market positions separately from subsidiaries if