The average value of Canada’s cultivated farmland grew by 9.3 per cent in 2024, less than its growth in 2023 but nevertheless a “robust” number, says the chief economist of Farm Credit Canada, which released its annual Farmland Values Report March 18.
Tag Archives Farm Credit Canada
Value of Canadian farmland ‘robust’ but cracks are appearing
Average prices across the country grew by nine per cent last year, although the rate of growth continues to drop year over year
Assessing fallout from potential tariffs not easy
A Farm Credit Canada economist says there is so much uncertainty that analyzing the tariff threat is a difficult endeavour
A senior Farm Credit Canada economist said uncertainty is the name of the game when it comes to the economy.
National crisis line launched
The Canadian Centre for Agricultural Wellbeing has launched the National Farmer Wellness Network Crisis Line at 1-866-327-6701.
Manitoba Ag Days: Loonie above 70 cents? Not anytime soon, says Farm Credit Canada
BRANDON — On Jan. 8, a Bank of America analyst said the U.S. dollar had “reached a historically extreme value.” That analysis didn’t rattle investors or confidence in the dollar. From Jan. 9-13, the U.S. dollar jumped in value when compared to a basket of global currencies. The might of the dollar over the last […] Read more
FCC program tackles Indigenous borrowing barriers
Farm Credit Canada provides ‘à la carte’ loan options to First Nations farmers unable to access conventional financing
Glacier FarmMedia – First Nations farmers have often been frozen out of agricultural lending. An all-Indigenous team at Farm Credit Canada is working to ensure they get the capital they need. “We’re taking Indigenous voices, we’re taking what you’re telling us, and we’re trying to implement that change here … to meet the needs of […] Read more
Sustainability roundtable marks 10th anniversary
The Certified Sustainable Beef Framework was formed three years later to provide credible assurances for consumers
Glacier FarmMedia – It’s been 10 years since the Canadian Roundtable for Sustainable Beef was founded to measure and recognize Canada’s leadership in sustainability. The Certified Sustainable Beef Framework, known as CRSB Certified, was created in 2017 to recognize sustainable practices and provide credible assurances to consumers regarding the production, processing and sourcing of beef […] Read more
Did banks and FCC slow productivity growth?
Chartered banks and Farm Credit Canada have had a destructive impact on Canada. FCC’s capitalization of large land-consolidating farms has resulted in a catastrophic decline in the number and per cent of citizens who own and manage a farm business. Half a century ago, a high proportion, perhaps over half, of the kids in rural […] Read more
Farmland values continue upward trajectory
Prices rise in all provinces in first half of the year based on strong demand; affordability drives biggest increase in Sask.
REGINA — Farm Credit Canada’s mid-year review shows cultivated farmland values rose an average of 5.5 per cent in the first half of 2024. All provinces saw increases but at different rates. Saskatchewan topped the list at 7.4 per cent while Ontario was second from the bottom at 2.1 per cent. Alberta and Manitoba were […] Read more
Land values continue to rise: FCC
REGINA — Farm Credit Canada’s mid-year review shows cultivated farmland values rose an average of 5.5 per cent in the first half of this year. From July 2023 to June 2024 the increase was 9.6 per cent. J.P. Gervais, the federal crown corporation’s chief economist ,said values are increasing at a slower rate but described […] Read more
Farm group formalizes ag data recommendations
Canadian Federation of Agriculture also signs on to a data transparency and protection initiative that started in the U.S.
REGINA — The Canadian Federation of Agriculture has formalized its recommendations for a national agricultural data strategy. It has also become the first Canadian farm industry member of the Ag Data Transparent organization. ADT was formed after the American Farm Bureau Federation noted concern among farmers about agricultural data products and how data provided to […] Read more
