Rising farmland values and higher interest rates have swung the affordability pendulum in favour of renting, not buying, farmland.
Renting land better than buying for cash flow: FCC
Each farm needs to make the decision themselves, but a bit of analysis can help when choosing
National school food program announced
Federal government says program aims to start with 2024/25 school year
The federal government plans to spend over $1 billion over five years on a national school food program that will feed an additional 400,000 school-aged children a year.
Canadian Meat Council decries TFW changes
Industry group says ending special measures for sector is 'premature'
Incoming changes to the Temporary Foreign Worker Program will add to the sector's already significant labour challenges, the Canadian Meat Council says.
New farm income record set in 2023, estimates suggest
Despite challenges like drought and war, Canadian farms proved resilient
Canadian farm income may have set a new record in 2023. That's according to the official 2023 and 2024
estimates released February 16 by Agriculture and Agri-Food Canada.
Carbon exemption amendments costly to farmers: PBO
Financial analysis finds carbon tax relief will be significantly lower after changes
Amendments to Bill C-234 will cost Canadian farmers nearly $90 million a year, according to a report by the Parliamentary Budget Officer (PBO) released February 13.
Report sees lower Canadian food inflation through end of 2024
Project lead Sylvain Charlebois sees return to inflation “sweet spot” by year-end
Reading Time: 3 minutes Canadian food prices are expected to rise between 2.5 and 4.5 per cent in 2024, according to a new report. “It is probable that Canadians will continue to experience the strain of food inflation compounded by increasing costs of housing, energy and various other expenditures,” says Canada’s Food Price Report 2024, an annual joint effort […] Read more
Interest rate relief on horizon: FCC
Central bankers signaling reductions are coming
Reading Time: 4 minutes Glacier FarmMedia – Canada’s largest agricultural lender says Canadian farmers can expect to see interest rate relief in the coming year. In a macroeconomic snapshot released in December, Farm Credit Canada said it expects to see rate cuts totalling 75 basis points (three quarters of a percent) in the latter half of 2024. That’s despite […] Read more
Canadian food inflation to slow through 2024, report says
More certainty has brought an uptick in grocer promotions, but consumers are struggling
Canadian food prices are expected to rise between 2.5 and 4.5 per cent in 2024, according to a new report.
“It is probable that Canadians will continue to experience the strain of food inflation compounded by increasing costs of housing, energy and various other expenditures,” according to Canada’s Food Price Report 2024.
Opinion: Setting research priorities a complex puzzle
Could the canola story happen today in an era of ‘research clusters’?
Reading Time: 3 minutes Glacier FarmMedia – It’s often observed that from tiny acorns, mighty oaks grow. Nowhere in the western Canadian agriculture scene is this truer than in the canola sector. When one pauses to reflect, one can only marvel at what has happened. A relatively obscure crop, grown largely as a machine lubricant, was transformed into one […] Read more
Storage strategies change with bigger bins
As storage systems have grown, more attention is needed to keep crops safe
Reading Time: 4 minutes Glacier FarmMedia – In the 1970s, a standard bin was 14 feet in diameter with a capacity of 1,350 bushels. High rollers might add an extra ring to stretch that another 300 bu. There were bins 19 feet in diameter, with a 2,700 bu. capacity, but few farmers bought them because they were hard to […] Read more
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