(Dave Bedard photo)

FCC announces new 4R incentive

The program is open to FCC customers who use AgExpert platform

FCC announced the new Sustainability Incentive Program at the Western Canadian Crop Production Show in Saskatoon. The program is open to FCC customers who put a 4R nutrient management plan in place, record production activities through AgExpert Field, and have their 4R practices verified by a 4R designated agronomist.

Andrea Borodenko and Antoine Casimir have acquired Quebec’s Production Lareault.(CNW Group/Production Lareault)

Major strawberry plant producer changes hands

New owners get funding to buy Lareault business

The Quebec company billed as Canada’s largest producer of strawberry plants has picked up new ownership after nearly 70 years. Production Lareault, based on just over 450 acres at Lavaltrie, Que. — about 40 km northeast of Montreal, in the province’s Lanaudiere region — has been acquired by investors Antoine Casimir and Andrea Borodenko for


 Photo: iStock/Getty Images

Equipment sales expected to soften in 2024

Interest rates, equipment prices and commodity prices will all play a role, says FCC

According to FCC's 2024 outlook for the Canadian farm equipment market, new sales are projected to be softer in 2024 based on three factors: higher interest rates, elevated equipment prices and a decline in commodity prices.

(Dave Bedard photo)

FCC to offer beef heifer replacement loans

Loan program for those wanting to build, maintain herds

Cattle producers wanting to expand or maintain herds — in a time of nationwide herd contraction — are the expected beneficiaries for a new loan program from Farm Credit Canada. FCC on Tuesday announced what it calls the Replacement Heifer Program, consisting of a loan with a maximum loan life of seven years and a


Calmer waters ahead on input market

Has the market finally steadied, or it is just the calm before another storm?

Farmers can breathe a sigh of relief knowing crop input prices have stabilized as the world adapts to global supply challenges. That was the message as Farm Credit Canada provided its latest update on input prices for the 2024 crop year. Why it matters: The wild price swings for crop inputs, especially fertilizer, appear to be over, but farmers

(Dave Bedard photo)

FCC offers new credit line against ‘current economic environment’

Ag lender to waive loan processing fees

Farm Credit Canada’s recent outreach to specific agrifood sectors hit by unusual environmental conditions has now extended to those hit by the broader “economic environment.” The federal ag lender on Tuesday said it will offer an unsecured credit line of up to $500,000 with loan processing fees waived, “to help producers, agribusinesses and agri-food operations


(Shotbydave/iStock/Getty Images)

Buy or rent? Land rent-to-price ratio can help farmers decide

FCC sees current ratios on farmland as (roughly) stable

Higher interest rates don’t seem to be affecting the ratio between land values and land rental costs — at least, not yet. Farm Credit Canada’s latest analysis of farmland rental prices says they’re roughly maintaining their traditional linkage, says J.P Gervais, the organization’s chief economist. “We were curious to see whether that would bring up

(Screengrab from Merit Functional Foods video via YouTube)

Bidding open for Merit Foods for two more weeks

Stakeholder Burcon plans to put up 'compelling bid'

The fate of Winnipeg pea- and canola-based protein processor Merit Functional Foods won’t be confirmed until the end of April at the earliest. Merit, whose major shareholders include Vancouver plant-based protein firm Burcon NutraScience, U.S. agrifood firm Bunge and former executives of Hemp Oil Canada, was placed into receivership March 1. According to the first


(Dave Bedard photo)

Food sales grew but margins tightened in 2022, FCC says

Modest further growth expected this year

Food and beverages sales increased in Canada last year, even as margins hit an historic low and consumers chose Canadian less. According to the latest FCC Food and Beverage Report, released Tuesday, sales increased 11 per cent to $156 billion in 2022. These gains came largely from higher export values and strength in the grain

(Screengrab from Merit Functional Foods video via YouTube)

Merit Foods stakeholder looking to buy company

Burcon 'actively engaged' with company's receiver

One of the joint-venture owners of Winnipeg pea and canola protein processor Merit Functional Foods says it’s in talks to buy full control of the cash-strapped company. Two days after Merit entered a court-ordered receivership, Vancouver-based Burcon NutraScience announced Friday it “intends to submit a formal proposal to acquire the business.” Burcon said Merit’s receivership