News - FCC

An Agricultural Economist with Farm Credit Canada says a strengthening world economy is creating new opportunities for Canada’s producers and processors of food products and retailers.

An Agricultural Economist with Farm Credit Canada suggests changing food trends and demand for new and different food products is creating new economic opportunities for Canadian food producers, food processors and food retailers.

Farm Credit Canada will once again donate $50,000 from the FCC Expression Fund to encourage the use of Canada’s official languages in communities across the country.

Average farmland values in Canada continued to climb in 2016, but lost steam in most provinces, including Manitoba, according to Farm Credit Canada’s latest Farmland Values Report.

Minister of Agriculture and Agri-Food Canada Lawrence MacAulay and Farm Credit Canada announced a new loan for young entrepreneurs in the agriculture retail, manufacturing and food processing sectors.

The Chief Agricultural Economist with Farm Credit Canada says the weak Canadian dollar and continuing strong exports markets helped Canadian pork producers outperform their U.S. counterparts in 2016.

Canadian agriculture benefited from a relatively low dollar throughout 2016 and this trend is expected to continue into 2017, according to J.P. Gervais, Farm Credit Canada’s chief agricultural economist.

The Farm Credit Canada 4-H Club Fund is providing $122,750 to 253 4-H clubs across Canada to support various local events and activities. In Manitoba, 31 4-H clubs received a combined total of $15,250.

Farm Credit Canada is increasing its support for young farmers, doubling the amount of credit available under the FCC Young Farmer Loan.

Farm Credit Canada is offering support to customers in parts of the Prairies facing financial hardship as a result of widespread excessive moisture that has impacted the growing season, delayed harvest and reduced the quality of this year’s crop.