Insights and Stories on Farm Credit Canada

Jan. 24, 2024 at 10:45 am CST

FCC's top economist is urging farmers to find any way they can to save money, as the ag lender projects a 4.8 per cent decline in farm cash receipts in 2024 on the heels of lower commodity prices.

By Jeff Melchior

Jan. 10, 2024 at 5:15 pm CST

FCC announced the new Sustainability Incentive Program at the Western Canadian Crop Production Show in Saskatoon. The program is open to FCC customers who put a 4R nutrient management plan in place, record production activities through AgExpert Field, and have their 4R practices verified by a 4R designated agronomist.

By Geralyn Wichers

Dec. 4, 2023 at 9:38 am CST

A Winnipeg pea and canola protein processor in receivership since this spring remains mothballed for now with no firm buyer — but has paid off one of its three secured creditors. Merit Functional Foods, which entered receivership March 1 after just two years’ operation, has sold all its remaining finished […]

By Dave Bedard

Oct. 17, 2023 at 5:12 pm CDT

Cattle producers wanting to expand or maintain herds — in a time of nationwide herd contraction — are the expected beneficiaries for a new loan program from Farm Credit Canada. FCC on Tuesday announced what it calls the Replacement Heifer Program, consisting of a loan with a maximum loan life […]

By Dave Bedard

Sep. 1, 2023 at 9:41 am CDT

After the hustle of the 2023 harvest season settles, a lot of Ontario farmers will examine their business’s financial numbers and be surprised at the impact of rising interest rates, says Shawn Brenn, chair of the Ontario Fruit and Vegetable Growers Association. Despite early 2023 predictions that the Bank of […]

By Stew Slater