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 moreTag Archives Justin Shepherd
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
High farm debt ratio in ‘pretty healthy range’
In the last five years the growth in receipts has outpaced the increase in debt due to strong commodity prices
SASKATOON — Canadian farmers have taken on an extra $100 billion in debt over the last 20 years, but they are still in good financial shape, according to an economist. Farmers ended 2023 with $146 billion in outstanding debt. That is up from $47 billion in 2003. It is a big number, but it is […] Read more
Rent-own picture changes
In 2021, buying farmland on the Prairies probably made more sense than renting. Interest rates were still low and the cost of financing a land purchase was manageable. Two years later, an argument could be made that renting now makes more sense in many parts of Canada. Data from Farm Credit Canada suggests that on […] Read more
