Young farmers offered new loans

Staff / Canadian farmers up to age 30-something are being offered loans to help them improve their operations by buying or upgrading land or farm buildings. Farm Credit Canada and the federal government rolled out a new Young Farmer Loan product, featuring variable rates at prime plus 0.5 per cent, plus no loan processing fees.



Time is right for free trade agreement push

A seasoned trade negotiator says trade agreements will do a lot to open markets for Canadian beef, but once they’re open, a second ingredient is needed — customer demand. “Despite all the constraints and problems there may be, the future for Canadian agriculture and for Canadian meat production and beef production, I think is really very

World grain prices to stay strong

Reuters / World grain prices should remain “very firm” over the near term as demand from Asia exceeds forecasts and dry weather cuts into supply, the senior economist of the UN’s Food and Agriculture Organization (FAO) said March 26. South American corn and soy yields took a beating from drought this season, while China’s rapidly


Letters — for 2012-03-29

Full costs to farmers underestimated Some years back Co-operator reporter Allan Dawson quoted a farmer saying that basis is a licence to steal. Two March 22 opinions are cases in point where we as farmers take a back seat to the private trade margin traders. In “The $5-million advantage of local processing,” Manitoba Cattle Enhancement

Ag issues bog down European trade talks

Meeting the needs of export oriented commodities without compromising the supply managed sector is an ongoing challenge for negotiators

Agriculture and food issues remain a stumbling block for free trade talks between Canada and Europe, according the Commons trade committee. Export-oriented agri-food industries are keen to gain access to Europe’s 500 million consumers, but tariffs protecting supply management, genetically engineered crops, and rules of origin are among the most sensitive issues in the talks,


Looming political fight puts U.S. farmers on battlefield

Analysis: It usually takes a year to draft new Farm Bill but the cost of failure may be too high to bear

(Reuters) U.S. lawmakers are short on time and money to make the biggest cuts in agriculture in a generation and failure risks unintentionally driving up food prices and adding to an already onerous deficit. Fractious Republicans and Democrats may wait until the last minute to agree to significant cuts to farm supports amid historically high

Buyers snapping up farmland across Western Canada

Optimism in the agricultural sector has many western Canadian farmers looking to add to their land base this spring. That strong demand, together with a lack of willing sellers, is causing land prices to continue to move higher across Western Canada, according to real estate agents specializing in farmland. “There seems to be new people


Currency risk protection offered

Volatile currencies can hurt your bottom line more than changes in commodity prices. That’s why the Keystone Agricultural Producers (KAP), in conjunction with Western Union Business Solutions, is introducing a new foreign exchange risk-management program. “If it makes sense to a producer, we can provide a solution,” said Mark Kelly, Western Union Business Solutions’ senior

Price now or price later? A primer on DDCs

A deferred delivery contract can lock in a profit, 
but also prevents cashing in on future price increases

Adeferred delivery contract (DDC) is the most popular type of grain-marketing contract provided by grain buyers. A DDC, as they are often called, locks in the price for a certain quantity of a base grade of grain to be delivered to a certain location at some date in the future. “Advantages of a DDC are