GX94 Agriculture

FCC AgriSpirit Fund open for applications from rural communities and organizations

FCC AgriSpirit Fund open for applications from rural communities and organizations

Apr 23, 2024 | 5:53pm
Community-based organizations and rural communities across Canada needing to fund a project can apply to Farm Credit Canada’s AgriSpirit Fund. $1.5-million is available for registered charities, non-profit organizations, and First Nation, Metis, & Inuit communities who apply for the fund.  FCC’s Manager of Community Investment Carla Warnyca says eligible projects can get between 10 and […]
Cattle prices in Saskatchewan were mixed according to Cattle Market Update

Cattle prices in Saskatchewan were mixed according to Cattle Market Update

Apr 23, 2024 | 5:49pm
Feeder steer prices in Saskatchewan were up compared to the heifers which were mixed, according to the Canfax Cattle Market Update for the week ending April 19. Provincial Cattle Specialist Fonda Froats says the week-over-week changes are what they are due to limited sales of cattle last week. The 600-700 lb steer weight category was […]
Support from CAAIN kick-starts Saskatoon-based grain grading app’s development

Support from CAAIN kick-starts Saskatoon-based grain grading app’s development

Apr 23, 2024 | 5:46pm
An app that speeds up the grain grading process for farmers is gaining momentum, in large part to support from the Canadian Agri-Food Automation and Intelligence Network (CAAIN). It’s called GeoAI and with a snap of a photo it can determine the quality of your grain. The only downside, for now, is it can only […]
Saskatchewan Boasts Year of Record Exports in 2023

Saskatchewan Boasts Year of Record Exports in 2023

Apr 23, 2024 | 11:35am
Today, the Government of Saskatchewan and the Saskatchewan Trade and Export Partnership (STEP) released the province’s annual State of Trade report. According to the report, the total value of Saskatchewan exports to the world reached $49.3 billion in 2023. Saskatchewan goods reached 163 countries, with 32 of those countries receiving over $100 million in provincial […]
Manufacturing sales to slightly decline, margins improve this year, according to FCC Food & Beverage Report

Manufacturing sales to slightly decline, margins improve this year, according to FCC Food & Beverage Report

Apr 19, 2024 | 1:57pm
A change in consumer spending habits, lower commodity prices, and inflation all factor into Farm Credit Canada’s outlook for Food & Beverage manufacturers.  In their annual Food & Beverage Report, FCC is forecasting a slight drop of 1.4 percent in manufacturing sales this year to $162.6-million. Desmond Sobool, Director of Economics and Deputy Chief Economist […]
Few Agriculture Commitments in Federal Budget Disappoint Farm Groups

Few Agriculture Commitments in Federal Budget Disappoint Farm Groups

Apr 19, 2024 | 12:18pm
The Federal Budget, released Tuesday, contained very few commitments for the agriculture sector, which farm groups say is disappointing on several fronts. The Grain Growers of Canada (GGC) said it missed “an extension to the extended rail interswitching pilot, investments in trade-enabling infrastructure, investments in grain-related research and development, initiating a review of the Canada Grains Act, and […]
Saskatchewan Invests $13.2 Million For Veterinary Medicine Training

Saskatchewan Invests $13.2 Million For Veterinary Medicine Training

Apr 19, 2024 | 11:38am
The Government of Saskatchewan is providing $13.2 million to the Western College of Veterinary Medicine (WCVM) in 2024-25, representing a $667,000 increase over last year. This funding will support high-quality veterinary medicine education in the province as well as government’s commitment to subsidize 25 training seats for Saskatchewan students.  “We continue to see a rising […]
Saskatchewan Invests in Agricultural Equipment Manufacturing Mobile Skills Lab

Saskatchewan Invests in Agricultural Equipment Manufacturing Mobile Skills Lab

Apr 18, 2024 | 12:10pm
Today, the Government of Saskatchewan is pleased to announce a $300,000 investment into Agricultural Manufacturers of Canada (AMC) to create a mobile, virtual-reality skills lab. The mobile skills lab will visit school campuses and community events across Saskatchewan to promote career opportunities within the agricultural manufacturing industry. This investment will allow individuals to fully experience […]
Farmland Rental Rates Keeping Pace with Farmland Value Appreciation: FCC Analysis  

Farmland Rental Rates Keeping Pace with Farmland Value Appreciation: FCC Analysis  

Apr 18, 2024 | 11:12am
There is alignment between farmland rental rates and the appreciating value of farmland across Canada according to a new analysis from Farm Credit Canada (FCC).  The farmland rental rate analysis presents the rent-to-price ratio for cultivated farmland in Canada. The ratio leverages insights from data sets on cash rental rates and the Farmland Values Report. A ratio trending […]