Canadian producers recognize the importance of public perception and see themselves playing a lead role in sharing information about their operations and practices to maintain their social license to operate, according to a recent Farm Credit Canada Vision panel survey.
Promising farm cash receipt projections suggest new farm equipment sales will slowly improve over the next two years, according to Farm Credit Canada’s latest agriculture economics report.
Canada’s dairy farmers are benefiting from growing demand for various specialty products, but will have to continue to modernize and innovate to remain competitive, according to J.P. Gervais, Farm Credit Canada’s chief agricultural economist.
The District Director for the Steinbach District with Farm Credit Canada says the financial world has a role to play in helping facilitate the construction of new hog finishing capacity in western Canada.
Manitoba producers should prepare for a possible easing of farmland values, although the latest Farm Credit Canada Farmland Values Report indicates average values continued to increase in Canada in 2015.
The Steinbach District Director with Farm Credit Canada reports the bulk of loan requests for financing within the hog industry have come from operators looking to renovate existing facilities rather than build new facilities.
For nine years, Farm Credit Canada has been contributing to the vitality of Canada’s official languages through the FCC Expression Fund. This year, $50,000 was awarded to eight minority language projects across Canada.
The Senior Vice President Operations for Prairie with Farm Credit Canada says, when assessing applications for financing the construction of new swine barns, the management capabilities of the applicant is the primary consideration.
Farm Credit Canada is now accepting applications from registered charities and non-profit organizations in rural Canada for the $1 million FCC AgriSpirit Fund.
Farm Credit Canada is adding $500 million to its ongoing commitment to a loan program aimed at helping young farmers become established in the industry.
