New version of CropChoice$ available

New version of CropChoice$ available

Reading Time: < 1 minute The 2016 version of CropChoice$ is now available. The free crop-planning and risk management software program provides producers with the ability to choose from 40 different crops, and evaluate eight different scenarios. Producers can use their own costs and land rental prices to build their crop plan, or use the AgriProfit$ budgets already built into […] Read more

Alberta products showcased in Japan

Reading Time: < 1 minute Alberta Agriculture and Forestry says a visit to the FOODEX Japan show last month was a success. A delegation from seven companies and organizations walked the show to gather market intelligence and sales leads at the largest food and beverage trade show in the Asia Pacific. Working with Canada Pork International, Canada Beef, and Edmonton […] Read more


Fahler centre receives funding

Reading Time: < 1 minute The Centre d’appui à la famille et à l’enfance (CAFE) Nord-Ouest in Fahler is one of eight recipients of a grant from Farm Credit Canada’s Expression Fund. The centre received $7,500 from the fund, part of $50,000 in grants given out this year to eight groups across the country. More than 110 organizations applied for […] Read more

Farmland prices, on average, were up 12.4 per cent and 10.1 per cent in Manitoba and Canada, respectively, says Farm Credit Canada’s chief economist J.P. Gervais. The annual rise in farmland values is slowing, but still expected to be positive in 2016 so long farm cash receipts remain stable.

Canadian farmland values up again in 2015

Farm Credit Canada says the annual percentage increase in farmland values is getting smaller

Reading Time: 4 minutes Manitoba farmland values led the way with the highest average percentage increase in Canada last year, says Farm Credit Canada (FCC). But the pace of increases the last few years here and across Canada is slowing in step with the plateauing of farm cash receipts, and slower drop in interest rates, J.P. Gervais, FCC’s chief […] Read more


canola field

Would you like canola margin insurance?

Reading Time: < 1 minute The Canadian Canola Growers Association is researching new risk management tools to provide farmers with more options in managing the many risks affecting their farm. One potential new product is canola margin insurance. To ensure this product is designed to work effectively for farmers, the association is seeking farmer input through a survey available at […] Read more

farmer raising his arms in success

Study finds seven practices drive farm business success

Reading Time: < 1 minute Successful farmers in Canada use seven business management practices that set them apart, according to a newly released study commissioned by Agri-Food Management Institute and Farm Management Canada. The Dollars and Sense report listed the top seven practices that drive farm financial success: Never stop learning; Make business decisions using accurate financial data; Seek the […] Read more


FCC expands loan program for young farmers

FCC expands loan program for young farmers

Reading Time: < 1 minute Farm Credit Canada is expanding its loan program for young farmers by $500 million. FCC launched the program four years ago and had nearly 6,000 loans totalling more than $1.3 billion as of Dec. 31, 2015. The Young Farmer Loan program provides qualified producers, under age 40, with loans of up to $500,000 to purchase […] Read more

The decline in grain prices means more farmers — like these producers at an auction in Manitoba in 2014 — are buying used instead of new. Freeing up cash flow is critically in a commodity downturn, says financial expert Kim Gerencser.

Producers need to banish bad habits as margins become slimmer

Producers need to sock away some cash as we head into a downward cycle

Reading Time: 3 minutes In the tale of the ant and the grasshopper, only the forward-thinking ant survived — and the same may be true for Canadian farmers as they head into the next downward cycle. “This next business cycle could potentially do to grain farmers like BSE did to cattle operators,” said Kim Gerencser, president of Growing Farm […] Read more


Deadline for AgriSpirit Fund approaching

Reading Time: < 1 minute Rural community groups can now apply for funding from Farm Credit Canada’s AgriSpirit Fund. The fund gives grants of $5,000 to $25,000 to registered charities and non-profit organizations in rural Canada for community improvement initiatives. In the past grants have been given for purchasing equipment for emergency services and recreation centres to building care homes […] Read more

Crop insurance rates down in 2016

Crop insurance rates down in 2016

Malt barley insurable for the first time and organic production is also eligible for coverage this year

Reading Time: < 1 minute Agriculture Financial Services Corporation has made six enhancements to the AgriInsurance programs, including a first of its kind malt barley insurance product. The corporation, provincial and federal governments, and producer groups worked together to make the enhancements based on producer feedback. The malt barley insurance will have a premium price compared to feed barley, but […] Read more