Ontario Agriculture

The network for agriculture in Ontario, Canada

What are you doing about interest rates and what are the banks saying?

I have been watching the news and it looks like interest rates might be going to rise to slow inflation? What is everyone doing on long term debt...locking in?
What have the banks been saying and are they being good to deal with right now...just looking at our crop financials for last year and with the prices and decent yields we are going to have a good year so they should be easier to deal with...

Just wondering what everyone else is hearing out there.

Views: 30

▶ Reply to This

Replies to This Discussion

Permalink Reply by duane dietrich on January 9, 2010 at 9:54am
i have 50% of my debt load locked for 5 yrs just did this in the last month the other 50 % i have floating thinking of doing some 1 yr or 2 yr lockins no question rates will rise in 2010 but i dont think we,ll see much more then 1 point increase through the year
Permalink Reply by Roadrunner on January 10, 2010 at 8:26am
Thanks Duane:

What rate did you get on the 5 years and with what bank if you don't mind me asking....
I was reading that China was starting to raise rates to slow inflation...the US owes them so much money that I think even though the US economy is weak it could lead to higher rates...every point increase is a real increase in our interest expenses...

RR

▶ Reply to Discussion

RSS

Agriculture Headlines from Farms.com Canada East News - click on title for full story

Manitoba Farmer Wellness Program achieves charitable status

The Manitoba Farmer Wellness Program (MFWP) proudly announces it has been granted charitable status by the Canada Revenue Agency (CRA). This milestone will help the organization expand its vision of mental wellness for Manitoba farm families and farm employees “Achieving charitable status is an exciting step forward,” says Marcel Hacault, MFWP’s chair. “It not only strengthens our accountability but also expands our ability to raise funds and better serve Manitoba’s farming community. We are excited about the new opportunities this brings and deeply grateful for the continued support of our community.” With this new status, MFWP can now issue tax receipts for eligible donations, offering sponsors a meaningful way to contribute to the well-being of Manitoba farmers while benefiting from tax deductions. This also positions MFWP to access grants and funding opportunities that require a registered charity designation. The MFWP offers up to nine confidential counselling sessions per year

The Value of On-Farm Testing

In today’s era of high input costs, low margins and the ever-increasing need to improve sustainability of the farm operation, validating agronomic management decisions made on-farm are ever-more important. Agronomic recommendations are usually generated by small-plot research, which can efficiently and effectively compare numerous treatments in the same location, at the same time. But what happens when those treatments are used at a field scale? Do they behave the same? Are they just as effective? Are they economical? On-farm trials can help answer these questions. On-farm research is done by the farmer, for the farmer. Well-conducted on-farm trials investigate questions and outcomes on a case-by-case basis while evaluating the overall effects of management decisions through combining data across trial locations and years. Facilitating trials to generate meaningful results is a balance between our efforts and farmer efforts. For farmers, there is time involved in conducting the trial

On-Farm Network Research Reports Database

The On-Farm Network is growing, and so is access to trial results!  Single site research reports have been organized in the database below, providing detailed information at the farm level, packaged in an easy-to-read document. How it works: Filter the reports in the database table below by clicking the desired Crop, Year, Trial Type, and/or Major Region.  Within the database table, click on any column header to sort the table.  To view a single site report, select the Trial ID to open the single site research report in a new tab. In the database table below, trials with significant yield differences are highlighted green in the yield difference column. On each single site report, significance is indicated by a ‘yes/no’ in the overall yield results table. A trial that does not meet the trial requirements, eg. field history, is not included in the overall average for yield difference. Important information for interpreting statistics: There are two statistical tests that are used

Horticulture industry celebrates Bill C-280’s passage

Bill C-280 passed its third Senate reading on Dec. 10 will becoming law.

Ontario’s Workplace Safety and Insurance Board to send rebates in February 2025

The Ontario government is keeping costs down for workers and businesses by giving back more than $2.5 billion by rebating Workplace Safety and Insurance Board (WSIB) surpluses to hundreds of thousands of safe employers, reducing business premium rates and investing in keeping workers healthy and safe. 

© 2024   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service