FCC Archives - Page 8 of 9 - Manitoba Co-operator

FCC sees benefits in new Trans-Pacific trade pact

By Ashley Robinson - MarketsFarm, GFM Network News January 30, 2018

CNS Canada — The future of trade for the Canadian agriculture industry is looking bright from the perspective of Canada’s federal ag lending agency, with progress on the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). According to Farm Credit Canada (FCC), anytime Canada can get less-restricted access to markets it is good for agriculture. “We can

Crops, Weather

FCC pledges flexibility for soaked Ontario, Quebec growers

By GFM Network News, Manitoba Co-operator Staff August 31, 2017

Canada’s federal ag lending agency has announced a customer support program to limit “financial pressure” on its farming clients in rain-soaked areas of western Quebec and eastern Ontario. Farm Credit Canada on Wednesday announced the program, in which it said it “will work with customers to come up with solutions for their operation(s) to reduce

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

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

Crops

Farmers’ debt seen hitting fresh record high

By GFM Network News, Reuters September 7, 2016

Reuters — Canadian farmers’ debt will likely reach another record high this year, while land appreciation slows and incomes flatten, but the industry is still in strong financial shape, the country’s biggest agriculture lender, Farm Credit Canada, forecast on Tuesday. FCC, the federal Crown ag lending agency, sounded a note of caution for farmers, who

Crops, Markets

Farmland fundamentals potentially bearish: FCC

By GFM Network News, Manitoba Co-operator Staff April 11, 2016

Having tracked more double-digit percentage increases in Canadian farmland prices through 2015, Canada’s federal farm lender sees factors lining up for those values to retreat. Farm Credit Canada’s latest Farmland Values Report, released Monday, logged a 10.1 per cent increase in average farmland values in Canada in 2015, down from a 14.3 per cent rise in

Crops, Weather

FCC to offer breaks on loans in Sask., Alta.

By GFM Network News, Manitoba Co-operator Staff July 13, 2015

Customers of Farm Credit Canada in parched areas of Alberta and Saskatchewan may be able to get breaks on their outstanding loan payments. FCC on Monday announced it would work with affected customers on “solutions for their operation(s)” such as deferral of principal payments and/or otherwise amending their loan payment schedules. The offer applies to

Daily Network News

B.C. ostriches culled, CFIA confirms

U.S. livestock: Cattle, hogs end week on high note

U.S. grains: Soybeans bounce as Chinese demand assessed, wheat drops

Tag Archives FCC

FCC sees benefits in new Trans-Pacific trade pact

FCC pledges flexibility for soaked Ontario, Quebec growers

FCC sees increase in Canadian farmland values slowing

Farm debt seems manageable, FCC head says

FCC launches new loan for young agri-businesspeople

FCC doubles down on Young Farmer Loans

FCC offers to bend terms for soaked Prairie growers

Farmers’ debt seen hitting fresh record high

Farmland fundamentals potentially bearish: FCC

FCC to offer breaks on loans in Sask., Alta.

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