The U.S. Agriculture Department forecast on Thursday that U.S. net farm income would fall 0.7 per cent this year.
U.S. farm income set to fall in 2026 despite surge in government payments
Farm Credit Canada forecasts higher farm costs for 2026
Canada’s farmers should brace for higher costs in 2026, FCC warns, although there’s some bright financial news for cattle
Reading Time: 4 minutes Canadian farmers should brace for higher costs in 2026, Farm Credit Canada warns, although there’s some bright financial news for cattle.
Farm family income gains driven by off-farm earnings: StatCan
Average income for families operating a single farm in Canada grew by 0.9 per cent to $216,021 in 2023 compared to 2021. However, this was driven by higher off-farm income.
Grain farming’s hard times expected to continue
Producers told to expect probably two more crop years of losses before they once again break even in 2027-28
Reading Time: 2 minutes Rabobank says it will be two more years before North American grain farmers achieve break-even due to “monster” supplies and “sticky” crop input prices.
Faster growth for farmland values in first half of 2025 says FCC
Canadian farmland values rose by an average of six per cent in the first half of 2025 according to a new report from Farm Credit Canada.
Solar and sheep provide valuable farm diversification
Thousands of acres of solar panels across Canada can actually enhance agricultural production
Reading Time: 6 minutes Agrivoltaics - the system of grazing sheep or conducting other agricultural activity under arrays of solar panels - can provide farmers with diversification options for their operations.
Farm cash receipts rise in first half of 2025 on livestock gains
Crop receipts roughly level, direct payments fall on reduced crop insurance
Farm cash receipts in the first half of the year were up 3.3 per cent over the same period last year buoyed by livestock receipts. Overall receipts between January and June totalled $49.6 billion, up $1.6 billion from the same period last year, Statistics Canada reported.
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.
Farmers’ realized net income fell $3.3 billion in 2024: StatCan
Livestock receipts rose across all sectors except poultry; crop receipts fell
Canadian farmers' realized net income declined by nearly 26 per cent in 2024 according to preliminary data from Statistics Canada. This was largely driven by declines in crop receipts as prices fell.
USDA forecasts smaller drop in 2024 farm income
Chicago | Reuters – U.S. farm income will fall for a second consecutive year in 2024, but not as much as previously expected as prices of livestock and egg products boom and production expenses ease, the U.S. Department of Agriculture said on Thursday. Declining farm income could ripple across the rural economy in a presidential […] Read more
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