Today, the Honourable Marie-Claude Bibeau, Minister of Agriculture and Agri-Food, announced that Justine Hendricks has been named the next President and Chief Executive Officer (CEO) of Farm Credit Canada (FCC). Hendricks joins FCC from Export Development Canada (EDC), where...
The Russia-Ukraine war, surging inflation, and an energy crisis joined the COVID-19 pandemic this year as major events defining the operating environment for U.S. companies. We can expect to feel the aftershocks in 2023. After posting record high net...
The global animal protein industry will continue to face challenges in 2023, although there should be some opportunities, according to a report from Rabobank.
Producers are expected to see continuing high costs next year as they face supply chain challenges,...
In response to relatively stronger net farm incomes, U.S. farm sector capital expenditures have increased dramatically in the last three years. In 2019, farm sector capital expenditures were approximately $30.1 billion. The forecasted value for 2022 is $44.2 billion....
Aramark, Pivot Bio and Afresh celebrated during Rabobank Food & Agribusiness Summit
Rabobank, a leading global food and agribusiness (F&A) bank, today announced the recipients of its annual Rabobank North America Leadership Awards. The awards celebrate both large-scale corporations and...
Interest rates on farm loans increased sharply in the third quarter.
Interest rates on farm loans increased sharply in the third quarter. Despite the higher borrowing costs, farm real estate values continued to increase, but the acceleration eased somewhat. Following...
Interest rates on farm loans increased sharply in the third quarter and the acceleration in farm real estate values continued to ease. Farm income and credit conditions remained solid, but the pace of improvement softened. The financial impact of...
The top concern facing agricultural lenders going into 2023 is interest rate volatility, according to the 2022 Agricultural Lender Survey report produced jointly by the American Bankers Association and the Federal Agricultural Mortgage Corporation, more commonly known as Farmer...
Demand uncertainties rise as consumers face mounting pressures. With inflation outpacing wage growth, lower real wages are expected to negatively impact protein consumption in Q4 2022 and 1H 2023.
Value-conscious consumers are already seeking out lower-value cuts, trading down from...
by: Nate Kauffman and Ty Kreitman
Larger sized operating loans continued to boost farm lending activity. The volume of non-real estate farm loans increased by more than 10% for the third consecutive quarter. Operating loans accounted for nearly all the...