Cheap Loans Buoy Canada Farmers In Recession

Canadian farmers have survived a year of recession with the ratio of debt to equity little changed and optimism still in place, said a key official with Canada’s top farm-lending institution. Cheap access to credit in Canada, in contrast to that in the United States, has been the key to the relatively buoyant agriculture economy,

FCC Honours Farm Women

Farm Credit Canada (FCC) is seeking nominations for the 2010 FCC Rosemary Davis Award, which honours Canadian women for their leadership and commitment to agriculture. FCC is looking for five women who deserve recognition for their achievements in the agriculture industry. They can be agriculture producers, agribusiness operators, agrologists, teachers, veterinarians, researchers, community builders, journalists,


New Funds To Support Rural 4-H

Farm Credit Canada (FCC) has announced the continuation and expansion of the FCC 4-H 4-Ever program in partnership with the Canadian 4-H Council, with an annual funding commitment of $250,000 for each of the next four years. The FCC 4-H 4-Ever program was conceived in 2006 to help raise awareness of 4-H and grow membership

New National 4-H Leaders Elected

The Canadian 4-H Council elected Judy Shaw president at its recent annual meeting in Prince Edward Island. Shaw was elected by her fellow board members for a two-year term, and replaces previous president, Robert McAuley. Shaw has been involved in 4-H since 1996 when she became the member representative of Syngenta Canada for the Canadian


FCC Has Unfair Advantage, Credit Unions Charge

“Our strategy is not to undercut competitors to win business, but it is to be competitive.” – GREG STEWART, FCC PRESIDENT AND CEO Farm Credit Canada is using its governmentsupplied funds to expand its role in agriculture lending to the point that the survival of some community credit unions is in jeopardy, says Pam Skotnitsky,

“Holy Smokes! Maybe I’m Dying Here!”

“ I remember like it was yesterday. The freezing rain was stinging my face and I was lying there in the mud – so cold – with the horses sniffing and milling around above me. I could feel a painful heat and numbness rising up my body from my legs – like boiling water. All


Child Safety Is Priority, Says New Farm Safety Study

FARM CREDIT CANADA RELEASE Anew farm safety study says that although most Canadian primary producers believe farm safety is important (83 per cent), very few actually have a formal safety plan in place (15 per cent). Although producers report that safety is important, they may not practise all safety measures regularly. “Farm Credit Canada partnered

The party’s over. The hangover begins

Data from Statistics Canada’s annual Farm Financial Survey suggest the events of the last 18 months will live long in the collective memory of Manitoba farmers – in the form of a pounding financial hangover. The 2007 survey (the 2008 numbers are not yet released) would suggest farmers were quick to respond to the short-lived


FarmPure creditors take Pickseed’s offer

Officials from Pickseed were able to provide producers and others “with a greater comfort level” Unsecured creditors of FarmPure Seeds have agreed to take a deal that may see them get back six cents on every dollar they’re owed by the Regina firm. Pickseed, a well-known Ontario forage seed and turf-grass company that plans to

FarmPure /from age 1

the column at left, then click on “FarmPure Seeds Inc.”) Pickseed discovered the depth of FarmPure Seeds’ indebtedness during its due diligence for the purchase of the company’s forage and grass business, Kornuta said in an interview last week. The proposal, she wrote, will allow FarmPure Seeds to be sold as “a going concern with