GFM Network News

Lower overhead buoys Canadian farmers’ profits

Canadian farmers’ realized net income amounted to $4 billion in 2010, up almost 30 per cent from 2009 following a 19.6 per cent decline that year, Statistics Canada reports. Lower operating expenses more than offset a small decrease in farm cash receipts in 2010, the federal statistics agency said in a release Friday. Realized net […] Read more

Net farm income slips in 2009: StatsCan

Realized net farm income, the difference between a farmer’s cash receipts and operating expenses minus depreciation, plus income in kind, fell 11.2 per cent to $3.3 billion in 2009, according to Statistics Canada. It was the first decrease since 2006 and was the result of declining program payments, grain, cattle and hog receipts, and increases […] Read more

Typical fall hog production pattern returning: StatsCan

Canada’s third-quarter hog inventories as of Oct. 1 are reported at 11.9 million head, down 0.8 per cent from the same date in 2009, according to Statistics Canada. But total inventory is up 0.6 per cent from the second quarter, returning to a traditional fall production pattern, the federal statistics agency said in a release […] Read more

Cattle, hog, sheep numbers all decline: StatsCan

Inventories of major livestock on Canadian farms all declined between July 1, 2009 and July 1, 2010, Statistics Canada reports. The Canadian cattle herd fell by 4.9 per cent to 14 million and has been in a steady decline since its peak of 16.9 million in 2005, the federal statistics agency said in releasing its […] Read more

Greenhouse sales rebound in 2009: StatsCan

Sales of greenhouse products increased 10.4 per cent to about $2.4 billion in 2009, rebounding from declines in both 2007 and 2008, Statistics Canada reported this week. Sales of both sod and nursery products also increased in 2009 compared to the previous year, the federal statistics agency said. Sales of greenhouse flowers and plants were […] Read more

Farm income slips in 2009: StatsCan

Farmers’ cash receipts and operating costs both declined in 2009 compared to 2008, leading to a $10 million (0.3 per cent) drop in realized net farm income, according to Statistics Canada. Realized net farm income — the difference between a farmer’s cash receipts and operating expenses, minus depreciation plus income in kind — amounted to […] Read more

Beer still losing sales share to wine: StatsCan

Canada’s beer and liquor stores and agencies sold $19.4 billion worth of alcoholic beverages during the year ending March 31, 2009, up three per cent from the previous year, Statistics Canada reported Tuesday. The growth in dollar value of sales reflected a combination of factors, the federal statistics agency said, citing an increase in sales […] Read more

Canadian farmers’ fruit, vegetable sales up in 2009

Total sales of fruits and vegetables by Canadian farmers amounted to $1.5 billion in 2009, up 3.6 per cent or $50.5 million over 2008, according to Statistics Canada. Vegetable crops accounted for 53 per cent of the total fruit and vegetable sales, the federal statistics agency said in a release Wednesday. Vegetable farmers earned $773 […] Read more

Cattle, hog inventories hit fresh lows: StatsCan

Farm inventories of cattle as of Jan. 1, 2010 reached their lowest level in 15 years, while inventories of hogs were at a 12-year low, Statistics Canada reported Tuesday. Canadian cattle producers reported 13 million head at Jan. 1, 2010, down 1.3 per cent from January 2009, the federal statistics agency reported. Hog producers had […] Read more