GFM Network News


Changes to the cash advance program — spurred by China’s defacto ban on canola seed purchases — has resulted in more farmers using the program and borrowing larger amounts.

Cash advances take a ‘very dramatic’ jump, say administrators

Farmers can now borrow more against crops in their bins, and that’s what they’re doing

There’s been a “very dramatic” spike in applications for cash advances since Ottawa upped the amount farmers can borrow against crops in their bins. “We’ve had probably an extra 500 applications this year, and it’s not just new producers to the program — it’s also increased usage of the program by our existing customers,” said […] Read more

Farmers to be paid for ILTA Grain deliveries

Eligible producers who were not paid for grain delivered to ILTA Grain Inc. will be fully compensated through the Canadian Grain Commission’s Safeguards for Grain Farmers Program. The Saskatchewan-based pulse and canary seed buyer and exporter was put under creditor protection in July, defaulting on amounts owed to grain farmers for unpaid deliveries. The grain […] Read more


Cannabis 2.0: Could craft cannabis be southern Alberta’s newest cash crop?

A new 60-acre business incubator in Taber aims to create a complete supply chain for craft cannabis and hemp products

Cannabis 2.0 is coming soon to Canada — and one Alberta business hopes to be on the ground floor of this growing industry. “We’re trying to reduce the risk and eliminate the barriers of entry that many people are having trying to get into the cannabis business,” said Lindsay Blackett, CEO of the Grasslands Taber […] Read more

Trade deal hailed by Canadian Cattlemen’s Association

The Canadian Cattlemen’s Association is hailing the completion of the Canada-United States-Mexico Agreement and encouraging its swift ratification. “The experience of the North American beef cattle industries under NAFTA is testament to the value of trade agreements,” it said. “Access to global markets, including the North American market, means that on average that each animal […] Read more



Certificate needed to avoid carbon tax on fuel

Alberta Beef Producers is urging farmers to fill out a fuel charge exemption form before Jan. 1, when the federal carbon tax kicks in for the province. The carbon tax (officially called the Federal Fuel Charge) isn’t levied on gasoline and light fuel oil for farm machinery “for the purpose of farming or travelling from […] Read more


Finance and succession help for younger farmers

Farm Credit Canada is putting on a series of events for younger farmers so they can learn how “to take control of their business journey.” Eight “young farmer summits” for producers under the age of 40 are being held across the country, including two in Alberta. “The future of Canadian agriculture depends on attracting the […] Read more

AFSC offers help for farmer clients

Agriculture Financial Services Corporation says there are “a number of options available to help clients with cash flow challenges” because of the poor growing season and dismal harvest. “This year, eligible clients can take advantage of a Post-Harvest Advance or a Preliminary Payment, and receive a portion of their estimated claim as an early payment, […] Read more


Much lower canola exports to China have resulted in Canada’s canola producers holding significant inventory.

Consider carrying costs when marketing canola

The current futures market is in a strong carrying charge situation, says analyst

With a large canola carry-over and the uncertain China situation, producers need to consider carrying costs when marketing the crop, says a provincial crop market analyst Given the large inventory and currently restricted demand, the canola futures market is in a strong carrying charge situation, said Neil Blue. The futures market is priced significantly higher […] Read more

What keeps you awake at night? A recent survey of farmers found things such as marketing and working capital rank up there with production concerns.

Modern farming produces a bumper crop of worries

More than 1,300 farmers were asked about their top concerns — and it’s a long list

What’s your biggest worry? Weather? Yield? Disease or pests? It’s actually selling what you produce, according to a recent Farm Credit Canada survey. The survey asked 1,363 producers about their major concerns and 67 per cent had marketing on their worry list — topping both production (60 per cent) and financial (53 per cent) risks. […] Read more