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Canadian farm liabilities outpaced equity growth in 2024

Farmers see declining ability to service debt for second consecutive year

Canadian farmers' total equity growth slowed for the first time in five years in 2024 as liabilities grew faster than assets, Statistics Canada reported. Farmland prices led to most of the growth, while declining farm income led to less ability to service debts.








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Industry believes green pea supplies are over-reported

Analysts say crop insurance data and high prices indicate that stocks of the crop are higher than Statistics Canada is reporting

Canada has far fewer green peas than the government is reporting, says an analyst. “Purely from a price perspective, markets believe the Canadian harvest was smaller than estimated by Statistics Canada,” Stat Publishing noted in a recent article.