There is a lot riding on a farm, year by year. When a farm transition — or talk of a farm transition — gets added in to the mix, it can be a real challenge to manage the farm, the discussions, and navigate all the important decisions necessary to bring on the next generation of... Read More
Category: Farm Management
Farm Credit Canada (FCC) has announced a new loan program to help cattle producers maintain or expand herds in the face of high cattle prices and tight feed supplies. The FCC Replacement Heifer Program is a loan with a maximum two-year period of interest-only and a maximum life of seven years. For this loan, variable... Read More
What would you try if you knew you couldn't fail? Fear can be very motivating (ever been chased by a bull in a pasture?) but fear — of failure, of success, of the unknown — can also be paralyzing. Each person's experience with fear is different, but it's the very real stories of overcoming fear... Read More
Short-term bounces in grain prices should be viewed as selling opportunities in an overall bearish market, according to the president of grain marketing advisory firm IntelliFarm. The lack of bullish news on both the supply and demand sides of the balance sheets for most major crops has resulted in prices sliding over the last few... Read More
It may be surprising to learn that many of the assumptions made about the role of women in agriculture are based on rather old data, incomplete data, or anecdotes. To better understand the role of women in agriculture and the barriers, challenges and opportunities they face, Farm Management Canada, in partnership with CentricEngine, has published... Read More
The governments of Canada and Ontario are committing more than $8 million to support the mental health and wellness of farmers and their families. With this commitment, three programs — the Farmer Wellness Initiative, the In the Know program and the Guardian Network — will continue to be available to everyone who needs them. These... Read More
Farm Credit Canada (FCC) tracks changes in farmland values closely. This week, FCC published its Mid-Year Land Values report, and in it, puts overall average growth of Canadian farmland in the first six months of 2023 at 7.7 per cent. There were pullbacks in the rate of growth in some provinces — B.C., Ontario, and... Read More
When it comes time to replace cows in the herd, one of the biggest questions producers face is whether to raise their own heifer calves or buy in bred-heifers or young cows. Kathy Larson, research associate and extension economist at the University of Saskatchewan, recently joined RealAgriculture's Lyndsey Smith to discuss the factors to consider... Read More
The land market has provided a very stable investment opportunity for farmers for quite some time. As the industry looks forward, questions arise on what will happen to the price of land as external variables, such as rising interest rates, sticky input prices and commodity price concerns stack up. In early October, Farm Credit Canada... Read More
Even as inflation continues to grow and increasing borrowing costs have put pressure on farm incomes, farmland values across Canada rose 7.7 per cent in the first half of 2023, according to Farm Credit Canada's Mid-Year Land Value report. Tight supply has continued to support land appreciation for now, says FCC chief economist J.P. Gervais.... Read More