FCC Adds $500 Million To Young Farmer Loan

Mar 30, 2016

Farm Credit Canada (FCC) is growing its commitment to help young people get started in farming.

FCC has added $500 million to its Young Farmer Loan program, which will make a total of $2 billion available to young farmers across the country.

"The loan can be used for any agricultural purpose," explains Lindsay Folk, FCC's director of pricing and products. "It's probably used most often to buy land, but it can also be used land and buildings and equipment, and we would just be taking the land for security."

The loan is geared toward young producers under the age of 40 looking to borrow a maximum of $500,000. Folk says the loan also comes at a preferred interest rate with no processing fees.

Source : Portageonline

Video: Evolution of Beef Cattle Farming

The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

That philosophy aligned naturally with Wooten’s involvement in the U.S. Roundtable for Sustainable Beef, where he served as a representative for the Colorado Cattlemen’s Association. The roundtable brings together the entire beef supply chain—from producers to retailers—along with universities, NGOs, and allied industries. Its goal is not regulation, Wooten emphasized, but collaboration, shared learning, and continuous improvement.