GFM Network News

Indigenous farming has a rich, although largely lost, history but many communities want to make ag part of their future, said Shaun Soonias, director of Indigenous relations for Farm Credit Canada.

Indigenous communities eye opportunities in agriculture

Farming has largely become a lost skill but there’s a keen interest in both production and value adding

Reading Time: 3 minutes Costly land. Labour shortages. Knowledge gaps. Expensive equipment. New farmers in Canada face plenty of hurdles — but for a growing number of Indigenous producers, those barriers are even bigger. “We see a tremendous amount of interest in all forms of agriculture,” said Shaun Soonias, director of Indigenous relations for Farm Credit Canada. “But a […] Read more

Ag lender pledges new approach to Indigenous people

Reading Time: < 1 minute The country’s top ag lender says that in order to serve Indigenous communities and entrepreneurs, it needs to “better understand” them. “Diversification of Canada’s agriculture and food industry is one of our top priorities,” said Michael Hoffort, president and CEO of Farm Credit Canada. “It begins with developing a deeper understanding of Indigenous agriculture — […] Read more

Up, up, up — farmland prices take another big jump

Up, up, up — farmland prices take another big jump

Strong canola and grain prices along with low interest rates fuel six per cent rise

Reading Time: 5 minutes It’s another good news story — especially if you’re selling farmland. Despite the disruptions caused by the pandemic, Alberta’s farm economy was robust enough to fuel a six per cent jump in land prices last year. That’s the highest price rise between Quebec and B.C., and above the national average, according to the latest land […] Read more

FCC AgriSpirit Fund taking applications until March 31

Reading Time: < 1 minute Farm Credit Canada is now accepting applications for the FCC AgriSpirit Fund until March 31. The fund will award $1.5 million in grants (ranging from $5,000 to $25,000) to rural community groups for community improvement initiatives. Over the past 17 years, grants have been given, for example, for refrigeration and equipment to support food waste […] Read more

(Dave Bedard photo)

Farmland appreciation continues through pandemic year

FCC report puts Canada's average land value increase at 5.4 per cent

Economic churn across Canada from the global COVID-19 pandemic didn’t faze the country’s real estate market — nor its farmland market in particular — in 2020, according to the latest review from the federal farm lending agency. Farm Credit Canada on Monday released its 2020 Farmland Values report, showing an average increase of 5.4 per […] Read more

China offers the sorts of opportunities that Canada’s ag and food sector should capitalize on.

Be bold, go big, and sell more to China, urges ambassador

Leverage the Canada brand, target consumers directly, and get to know the many Chinas, says Dominic Barton

Reading Time: 4 minutes China’s pandemic buying spree has ag commodity prices soaring — but as canola growers (and others) know, Beijing can quickly turn hostile. But the ag sector here needs to be bold and aim to grow its ag and agri-food exports to China, says Canada’s ambassador to the country. “Even when things were really rough and […] Read more

(Photo courtesy Canada Beef Inc.)

FCC: Cattle feeders and backgrounders to struggle

Reading Time: < 1 minute Not bad for some, not good for others sums up Farm Credit Canada’s outlook for the livestock sector this year. “Farrow-to-finish operations will continue to witness pressures on margins, while isowean/ weanling operators will see a turnaround in profits,” states the FCC forecast. “Cow-calf margins should be strong while feedlot operators and backgrounders may struggle […] Read more

“What are you going to be able to sell to consumers and at what price?” – J.P. Gervais.

Opportunities await in the post-pandemic world

Interest in local food, pent-up consumer demand, and Canada’s reputation are strong pluses

Reading Time: 3 minutes Things may seem bleak now, but there are silver linings in those dark clouds, says Farm Credit Canada’s chief ag economist. “In a lot of ways, things are different than they were 12 months ago,” said J.P. Gervais. One is that consumers are more interested in local and specialty foods, and knowing where those foods […] Read more

Germany is one country where a targeted growth strategy could pay dividends, says a new report from Farm Credit Canada. On the food side, Canada’s “stellar reputation” for food safety and quality provides an opening to sell more processed pork and beef products while the EU’s move away from palm oil gives canola oil opportunities in the biofuel market. (Pictured is a meat shop in Regensburg)

Seize the opportunity to grow Canadian food exports

Canada can be ‘a leading supplier of food’ in the world if it strategically targets the right markets

Reading Time: 4 minutes Canada will need to grow and diversify its export markets if it hopes to reach its export targets by 2025, says a new report from Farm Credit Canada. “As an industry, we have quite ambitious targets when it comes to exports,” said J.P. Gervais, FCC’s chief agricultural economist. “The federal government put a $75-billion target […] Read more

Farm Credit Canada forecasts prices gains ahead

Farm Credit Canada forecasts prices gains ahead

Reading Time: < 1 minute Prices for canola, wheat and red lentils will go higher in the comings months, Farm Credit Canada says in its latest price projections. Canola will average $520 a tonne over the next six months, the ag lender said in an early-November e-newsletter. That compares to $443 a tonne for the Jan.-Sept. period. FCC pegs spring […] Read more