Farm Credit Canada Archives - Page 13 of 19

KAP has a plan to tackle skyrocketing farmland taxes

But it’s going to require farmers lobby their municipal councils  and then for farmers and municipalities to pressure  the Manitoba government to act

By Allan Dawson April 28, 2017

Last fall many Manitoba farmers were shocked by double-digit increases in municipal tax bills on farmland because of its higher assessed value, but Keystone Agricultural Producers (KAP) has a plan for relief. KAP, which has been studying the issue since last August, says on average the assessed value of Manitoba farmland in 2016 jumped 45

News

Increase in Manitoba farmland values slowing, says FCC

The biggest driver is crop receipts and unlike in the U.S. they are projected to be positive in Canada in 2016

By Allan Dawson April 13, 2017

Average farmland values continued to appreciate in 2016, but by less than the increase a year earlier. That trend was seen both in Manitoba, and across Canada as a whole, with both easily outpacing the gain one could expect from holding a bank GIC, according to Farm Credit Canada. Land prices here, which have been

Crops, Markets

FCC sees increase in Canadian farmland values slowing

By Allan Dawson, GFM Network News April 10, 2017

Farmland values in Canada, on average, appreciated in 2016 — and while it was less of an increase than the year before, the gain easily beat a bank GIC. Land prices here in Manitoba, which have been rising steadily since 1992, on average gained 12 per cent in both 2015 and 2014. But after four

News

Farm debt seems manageable, FCC head says

The agency holds close to a third of all farm debt in Canada

By Alex Binkley March 20, 2017

National farm debt could reach as high as $100 billion once all the figures for 2016 are in, but Mike Hoffort, CEO of Farm Credit Canada, says farmers are generally in a good financial situation. “Canadian agriculture is strong and stable,” he told the annual meeting of the Canadian Federation of Agriculture. However, farmers need

FCC launches new loan for young agri-businesspeople

By GFM Network News, Manitoba Co-operator Staff February 17, 2017

Canada’s federal farm lending agency is expanding its loan offerings in agribusiness and agrifood with a new program aimed at young businesspeople. Farm Credit Canada’s Young Entrepreneur Loan, launched Thursday in Ottawa during Canada Agriculture Day celebrations, will offer financing of up to $1 million per qualified applicant under age 40, at closed variable rates

Markets

Canada’s farm income to dip, but remain above average

By GFM Network News, Reuters February 17, 2017

Reuters — Canadian farmers’ incomes will decline seven per cent in 2017, falling for the second year in a row but remaining at above-average levels, the country’s agriculture department predicted on Friday. A drop in North American cattle and calf prices from record highs in 2015 is the main reason for the two-year dip, Agriculture

News

Manitobans participate in first-ever national agriculture day

February 16 marks the countrywide launch of Canada’s Agriculture Day,  which aims to be an annual national celebration

By Lorraine Stevenson February 16, 2017

Dauphin Co-op planned to share drawings and photos about farmers created by local school students this week. Some of those students would be meeting real farmers and learning about how they produce food too. The youngsters are taking part in a special event organized by staff at Dauphin Co-op to mark Canada’s Agriculture Day February

Crops

FCC doubles down on Young Farmer Loans

By GFM Network News, Manitoba Co-operator Staff December 9, 2016

Eligible farmers under age 40 will be able to get larger loans for less of a down payment through an expansion of Farm Credit Canada’s Young Farmer Loan plan. The federal farm lending agency on Wednesday announced the program’s credit limit per applicant will be doubled to $1 million, with a minimum down payment of

Crops, Weather

FCC offers to bend terms for soaked Prairie growers

By GFM Network News, Manitoba Co-operator Staff November 1, 2016

Canada’s federal farm lender says it will be flexible with qualifying Prairie crop growers facing financial trouble from a rain-soaked harvest season. Areas of Alberta, Saskatchewan and Manitoba have experienced “significant levels of rain in the last half of the growing season and snow since the beginning of October,” Farm Credit Canada said in a

News

Low interest rates a risk too

Pay attention to the financial obligations you’re assuming, says FCC’s head economist

By Alex Binkley October 27, 2016

Make good use of low interest rates, but don’t get carried away. That’s the message from Farm Credit Canada’s chief economist, J.P. Gervais, in the wake of announcement from the Bank of Canada that the key overnight interest rate would be left at 0.5 per cent. Bank of Canada Governor Stephen Poloz also said Canada

Daily Network News

China imposes curbs on beef imports to protect domestic industry

Prairie forecast: Northwesterly flow brings seasonable temperatures, weak systems

U.S. livestock: CME cattle futures higher on year-end positioning

Tag Archives Farm Credit Canada

KAP has a plan to tackle skyrocketing farmland taxes

Increase in Manitoba farmland values slowing, says FCC

FCC sees increase in Canadian farmland values slowing

Farm debt seems manageable, FCC head says

FCC launches new loan for young agri-businesspeople

Canada’s farm income to dip, but remain above average

Manitobans participate in first-ever national agriculture day

FCC doubles down on Young Farmer Loans

FCC offers to bend terms for soaked Prairie growers

Low interest rates a risk too

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