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FCC recognized as a Kincentric Best Employer for 2019

Regina, Saskatchewan – Farm Credit Canada (FCC) has once again been recognized as one of Canada’s best employers, part of Kincentric’s Best Employers global certification program that measures and recognizes leading employers.
 
“Employee engagement is a corporate priority and the number one reason why FCC continues to be Canada’s leading agriculture lender,” said Michael Hoffort, FCC president and CEO. “By tapping into the passion and creativity of our more than 1,900 employees in 97 offices across the country, we can more effectively help our customers achieve their dreams in an industry that holds so much promise.”
 
Kincentric, formerly part of Aon, annually certifies companies that have captured the full potential of their employees. To certify a company as a best employer, Kincentric compares organizations to identify those that strive to continuously inspire their people, spark change and accelerate business success.
 
To achieve this recognition, FCC was assessed on four measures:
  • Employee engagement: employees speak positively about their employer, intend to stay and are motivated to exert extra effort at work.
  • Organizational agility: employees see the organization is highly adaptive, innovative, inclusive and responsive to the changing needs of its customers.
  • Engaging leadership: leaders are deeply connected with employees to drive engagement, communicate a clear vision and exert strong personal values.
  • Talent focus: employees see the organization is focused on attracting and retaining great talent and creating an inspirational environment where people can thrive.

This is the 17th consecutive year FCC has been identified as one of the nation’s best employers by the international human capital and management consulting firm.

Hoffort said this year’s recognition is especially gratifying, coming on the 60th anniversary of when FCC was created by federal proclamation on October 5, 1959.

“It shows that our original core values of integrity, fairness, devotion and good judgement have stood the test of time,” he said. “Building on those core values, we adopted a corporate culture that enabled FCC to become a successful, self-sustaining Crown corporation driven by the passion of our employees for an industry that feeds the world.”  
 
FCC is Canada’s leading agriculture lender, with a healthy loan portfolio of more than $36 billion. Our employees are dedicated to the future of Canadian agriculture and its role in feeding an ever-growing world. We provide flexible, competitively priced financing, management software, information and knowledge specifically designed for the agriculture and agri-food industry. As a self-sustaining Crown corporation, our profits are reinvested back into the agriculture and food industry we serve and the communities where our customers and employees live and work while providing an appropriate return to our shareholder. Visit fcc.ca or follow us on Facebook, Instagram, LinkedIn, and on Twitter @FCCagriculture.
Source : FCC

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Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.