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Agriculture Roundup for Tuesday, April 18, 2023

Third-generation Alberta farmer Greg Sears described the last 24 months in Canadian agriculture as a roller-coaster ride.

In 2021, farmers were hit with severe drought that withered crops across Western Canada, then last year the war in Ukraine drove grain and oilseed prices to record highs.

Inflation led to dramatic spikes in the cost of everything from fertilizer to fuel to tractor tires, leading some in the industry to dub 2022 as the most expensive crop year in history.

Sears is hoping 2023 is a normal crop year for his Grande Prairie farm.

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OFA Lunch and Learn - Operating Finance Loans from ACC

Video: OFA Lunch and Learn - Operating Finance Loans from ACC

In this virtual presentation producers will learn more about ACC and the government programs they provide. With a track record of providing over three billion dollars in operating funds to Canadian producers, ACC offers low-cost operating loans tailored to meet the diverse needs of farmers across Canada. Led by a Board of Directors composed predominately of farmers, ACC’s expertise encompasses loan provision, credit review, loan management, government compliance, and efficient repayment collection, ensuring steadfast support for the agricultural community.