The average value of Canadian farmland continued its steady climb in 2023, increasing by 11.5 per cent, slightly less than the 12.8 per cent increase reported in 2022, according to the latest FCC Farmland Values Report.
“Farmland prices have continued...
Rabobank forecasts market trends and economic conditions driving agriculture in Q1 2024
Rabobank’s RaboResearch Food & Agribusiness (F&A) team in North America announced today the publication of the North American Agribusiness Review, a report which includes an analysis and summary...
Production will slow in 2024 as the sow herd contracts in the main production regions. This trend is expected to result in a decline or flat production throughout 2024, with disease pressures adding to the industry's challenges. Despite production...
Agricultural forecasts for 2024 predict increased expenses for everything from machinery and equipment to taxes and insurance. But if everyone is facing the same rising prices, why aren’t all farmers in the same economic position?
The differences come in operational...
As we start the new year amid elevated inflation and major headwinds facing the economy, Farm Credit Canada’s (FCC) Economics team presents the top economic charts to monitor in 2024 to help make sense of the economic environment for...
Slowdown in consumer spending will create headwinds for the U.S. economy in 2024
The U.S. economy has remained remarkably steady despite an unrelenting series of shocks over the last three years. America’s economic resilience was again on display throughout 2023,...
Farm debt balances at commercial banks grew steadily in the third quarter but loan performance remained strong.
Farm debt balances at commercial banks grew steadily in the third quarter but loan performance remained strong. Despite some indications of slower lending...
Animal protein production will keep growing in 2024, but at a slower pace, as margins remain tight. The fact that animal protein companies continue to grow production and deliver on customer expectations amid such challenging market conditions is a...
Steady production growth and weaker consumption continue to weigh on global pork markets and trade. Improved health and productivity are boosting production and feed prices have improved, though uncertainties remain. Meanwhile, pork consumers remain cautious amid geopolitical uncertainty.
After facing...
Farm lending activity at commercial banks slowed further in the third quarter alongside a drop in operating loan volumes.
Farm lending activity at commercial banks slowed further in the third quarter alongside a drop in operating loan volumes. The number...