Farm Credit Canada

How to make the agriculture industry more productive was the theme of a report released by Farm Credit Canada. FCC looked at agricultural productivity, which they defined as how much inputs are used compared to how much output is produced. Inputs include labour, capital, land, and material such as fertilizer and feed; outputs include crops, […]

Farm Credit Canada is projecting new farm equipment sales in 2024 to slow down, based on a variety of factors. In FCC’s Canadian Farm Equipment Market Outlook, the conclusion is based on high interest rates, increased equipment prices, a decline in commodity prices, drought in Western Canada, and tighter revenues in the livestock sectors. A […]

Young farmers across Canada looking to sharpen their skills while making connections have an opportunity to attend a series of events hosted by Farm Credit Canada. The FCC Young Farmers Summit, which is free to attend, has a total of 7 events scheduled — 6 in-person and 1 virtual — for late November into mid-February. Jason Fiske, […]

Farm Credit Canada announced they are giving $1.5 million to 86 community groups nationwide to support rural capital projects. Through the FCC’s AgriSpirit Fund, 15 communities in Saskatchewan will receive over $246,000 to various community improvement initiatives that enrich the lives of residents in cities, towns or Indigenous communities with fewer than 150,000 people.  This includes […]

The value of farmland has risen, despite availability for it being limited. That’s according to Farm Credit Canada’s (FCC) mid-year farmland values review, which looked at the average growth for the first 6 months of 2023. Saskatchewan had the largest increase in value at 11.4 percent, followed by Quebec at 10.6 percent, Ontario 6.9 percent, Mantioba 6.4, […]

For the last two decades, Drive Away Hunger has brought the agriculture and food industries together to support food banks and food security programs. As the program hits its 20th year, Farm Credit Canada, which is responsible for the program, announced that it will match up to $1 million in new donations to food security […]

An incentive is being offered to Canadian dairy farmers looking to make their operation greener. Farm Credit Canada is offering up to $2-thousand through its Sustainability Incentive Program, with support from the Dairy Farmers of Canada and Lactanet, a farm organization that provides a variety of services for dairy farmers. FCC’s Director of Lending Products […]

The General Manager at SaskPork says it’s always unfortunate to hear of a hog barn closure anywhere in Canada. Mark Ferguson reacted to Olymel’s recent closures of sow units in Quebec, Alberta, and Saskatchewan. “It’s basically the result of extremely tight margins in the hog industry – both today and what’s gone on over the […]

Farm Credit Canada (FCC) is offering support to producers who are facing financial difficulties, including cash flow challenges due to higher-than-average input costs and elevated interest rates. FCC is offering an unsecured credit line up to $500-thousand with loan processing fees waived. Elan Rolufs, Senior District Director with FCC, says it’s available to any producer, […]

A Farm Credit Canada incentive program is now accepting applications. FCC’s Director of Sustainability Programs Curtis Grainger says the Sustainability Incentive Program, in partnership with the Canadian Roundtable for Sustainable Beef (CRSB) and McCain Foods, is open to eligible producers. Grainger explains there are two requirements to meet in order to participate: one is to […]