Canada’s farmers will suffer if the country’s productivity crisis continues or even worsens. That was the sobering message from Farm Credit Canada’s J.P. Gervais at the Canadian Pulse and Special Crops Convention. Canada’s productivity slump threatens to undermine what should be a golden future for Canadian farmers, especially pulse growers. “I’m super-enthusiastic about the long-term […] Read more
Tag Archives Farm Credit Canada
4-H fundraising campaign benefits present and future
Two worrying trends haunt modern agriculture. First, farmers’ average age is rising and they are fewer in number. At the same time, the industry is competing with a wide variety of career options available to today’s young people, and it doesn’t always win the race. Many groups try to ensure agriculture remains in good hands, […] Read more
FCC increases focus on agriculture, food tech investment
FCC Capital is the next step in Farm Credit Canada’s effort to invest in funds dedicated to the agri-food technology sector
WINNIPEG — After peaking in 2021, global investment in agriculture and food technology had a tough year in 2023. Funding for ag tech and food technology firms hit a peak of US$53 billion in 2021, then dropped to $31 billion in 2022 and sank to $16 billion in 2023. “There’s no way to sugar coat […] Read more
Beef cow, replacement heifer numbers suggest producers aren’t ready to grow herds: FCC
Total inventory decreased by two per cent year-over-year
Glacier FarmMedia – Canada’s beef cow and replacement herd was at its smallest since 1987 at the beginning of July, and FCC analysis suggests 2025 may not be the year for herd growth. Total inventory decreased by two per cent year-over-year, wrote FCC senior economists Justin Shepherd and Leigh Anderson on Sept. 11. Heifers intended […] Read more
Canola crush productivity doubles in 20 years
Farm Credit Canada report on food manufacturing finds grain and oilseed milling productivity grew by 107.4 per cent
WINNIPEG — When compared to other parts of Canada’s food industry, oilseed crushing is a superstar. From 2003-23, the productivity growth in grain and oilseed milling was 107.4 per cent. In comparison, productivity growth in Canada’s dairy processing industry during the same period was only six per cent. Those figures come from a Farm Credit […] Read more
Biologicals business receives funding boost
WINNIPEG — A Vancouver company with ambitions of making biologicals “the future” of crop protection and pest solutions has secured investment from a major player in Canada’s agricultural industry. On Tuesday morning, Catalera BioSolutions announced the initial close of its Series A funding round. S2G Ventures, a venture capital firm in Chicago, is leading the […] Read more
Farmland transaction numbers down this year
FCC says producers are worried about commodity prices, input costs and interest rates, which could hurt farmland values
UPDATED: Farmland values chart added September 12, 2024 – 1030 CST – WINNIPEG — Less farmland has been bought and sold in Canada this year. Prices haven’t dropped, but the lack of transactions is a signal that demand is softer, says the chief economist at Farm Credit Canada. FCC will release its official estimates of […] Read more
Outlook looks brighter for Canadian hog market
Pork producers have a reason to be optimistic as their feed costs drop and demand from the United States strengthens
Glacier FarmMedia – A decline in feed costs and lower hog supplies should create optimism for hog producers, says Farm Credit Canada. Feed costs as a percentage of revenue are now closer to the historic norm, says FCC senior economist Justin Shepherd. The most recent 2024 data shows feed costs average 63 per cent of […] Read more
Corporate fertilizer plan pushes sustainability
Convincing farmers to try something new isn’t the easiest task. So, over the last few years, Nutrien Ag Solutions must be doing something right. Related story: ‘This isn’t going to go away’ It has persuaded a significant number of Prairie farmers to sign up for its Sustainable Nitrogen Outcomes program. “Canada has been really great. […] Read more
FCC, EMILI renew partnership to improve farm productivity
Five-year commitment will last through to 2029 and provide foundation for “farmer-centric” innovations
Glacier FarmMedia – Farm Credit Canada and digital ag accelerator EMILI (Enterprise Machine Intelligence and Learning Initiative) have announced renewal of their partnership. The announcement was made Aug. 1 at EMILI’s Innovation Farms during the organization’s 4R Days and coincided with a ribbon cutting to celebrate the opening of the new 8,500-square-foot Innovation Farms Centre. […] Read more
