Farm Credit Canada

Increasing agricultural productivity in Canada is doable: FCC Report

Increasing agricultural productivity in Canada is doable: FCC Report

Dec 13, 2023 | 5:41pm
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, […]
New farm equipment sales expected to be slow in 2024: FCC Report

New farm equipment sales expected to be slow in 2024: FCC Report

Dec 5, 2023 | 9:06pm
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 […]
Farm Credit Canada hosting Young Farmer Summit nation-wide this winter

Farm Credit Canada hosting Young Farmer Summit nation-wide this winter

Nov 2, 2023 | 3:59pm
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, […]
Sask. communities among 86 across Canada to receive FCC Funding for community projects

Sask. communities among 86 across Canada to receive FCC Funding for community projects

Oct 31, 2023 | 5:25pm
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 […]
Saskatchewan experiences largest increase of farmland value among provinces: FCC Report

Saskatchewan experiences largest increase of farmland value among provinces: FCC Report

Oct 10, 2023 | 3:43pm
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, […]
FCC marking 20 years of Drive Away Hunger with $1 million match program

FCC marking 20 years of Drive Away Hunger with $1 million match program

Sep 22, 2023 | 1:40pm
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 […]

Farm Credit Canada offering support for producers financially impacted by drought conditions

Jul 25, 2023 | 3:43pm

Farmers in B.C., Alberta, Saskatchewan, and Manitoba facing financial troubles because of drought conditions, can get support from Farm Credit Canada. Senior Vice-President of Operations in the Prairie Region with FCC, Shannon Weatherall, says several options are available depending on a farmer’s needs. Deferral of principle payments and/or other loan payments are some supports FCC offers. […]

Farm Credit Canada partners with Dairy Farmers of Canada, Lactanet on offering incentive program

Jul 13, 2023 | 6:55pm

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 […]

Olymel “not alone” in facing current economic challenges: SaskPork GM

Jun 2, 2023 | 4:00pm

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 offering $500-thousand credit line to support producers facing hard financial times

May 25, 2023 | 2:58pm

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, […]