A significant year-over-year increase Canada booked last year in realized net farm income rests mainly on 2019’s status as the country’s first full year in the recreational cannabis market. Statistics […] Read more
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Tag Archives farm income
Legalization lifts Canada’s net farm income in 2019
Livestock receipts up, unsmokeable crop receipts lower
Pandemic to delay StatsCan’s agriculture reports
MarketsFarm — Farmers, commodity traders and market analysts will have to wait a while for agriculture-related reports from Statistics Canada in 2020. The main reason for the delay is the […] Read more
Canadian farmland trending less affordable in FCC report
Average values continue rising across board
The average value of farmland in Canada is continuing to rise faster than farmers’ ability to generate revenue from it, Farm Credit Canada’s latest Farmland Values Report suggests. The report, […] Read more
Canadian farm equipment sales drop as net farm income plunges
Trade barriers, poor growing conditions and rising costs take bite from income
Canadian farmers are feeling the financial pinch of lost markets and rising expenses after a prolonged period of prosperity, according to recently published statistics. Net farm income plummeted 46 per […] Read more
Farm equity growth slows in 2018
MarketsFarm — Equity in Canada’s farm sector increased by 3.6 per cent in 2018, hitting $522.2 billion, according to a report Thursday from Statistics Canada. The growth was well below […] Read more
China, drought, debt shake Canadian farm finances
Winnipeg/Ottawa | Reuters — For years, the financial stability of Canadian farmers was the envy of their U.S. counterparts, but rising costs, drought and a dispute with China have weakened […] Read more
New Trump aid plan for U.S. farmers to rely on direct payments
Washington | Reuters — The Trump administration’s second package of aid for U.S. farmers hit by the trade war with China is expected to have a similar structure to last […] Read more
Farm households earning more – but is it coming from the farm?
Changes in farm structure and rural opportunities have boosted the income of Canadians who live on farms
Canadian farm family incomes have pulled ahead of other Canadian households by a large margin, but it may have more to do with off-farm revenue sources than it does higher […] Read more
Trump’s tariff war threatens to erode support of farmers
Chicago | Reuters — President Donald Trump’s tariff battle with key buyers of U.S. apples, soybeans and corn threatens the support of some of his biggest backers — U.S. farmers […] Read more
Farm sales to co-ops to count for small business deduction
Changes to federal tax law that were meant to block “multiplication” of the small business deduction for corporations won’t apply to farmers’ sales to co-operatives. The federal government on Friday […] Read more
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