Nationally, farm net cash income was $12.95 billion, up six per cent overall

Not the best of times, but farm income rose in 2019

After a big drop two years ago, net income rose last year — and cannabis became a major crop

Reading Time: 3 minutes Alberta farm income more than doubled last year. But it’s not as good as it sounds, even if you have been indulging in some of what is suddenly the province’s third-largest cash crop. Net farm income in Alberta in 2019 was just north of $671 million — which is well above the 2018 figure of […] Read more

Plants at Delta 9 Cannabis’ indoor production facility in Winnipeg. (Dave Bedard photo)

Legalization lifts Canada’s net farm income in 2019

Livestock receipts up, unsmokeable crop receipts lower

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 Canada on Tuesday released full-year data on farm income, pegging Canada’s realized net farm income for 2019 at $4.9 billion — a 10.4 per cent […] Read more


(Dave Bedard photo)

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 COVID-19 pandemic, said John Seay, an analyst with StatsCan’s agriculture, energy, environment and transportation statistics branch in Ottawa. “Given the COVID-19 outbreak, senior management is […] Read more

(Dave Bedard photo)

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, released Monday, shows the average value of Canadian farmland rose 5.2 per cent in 2019 over 2018, the smallest year-over-year increase since 2010, and down […] Read more





Canadian farm net cash income fell 20.7 per cent to $11.6 billion, according to Statistics Canada,

Alberta producers see incomes drop by $1 billion last year

Flat revenue, higher expenses squeeze farmers

Reading Time: 4 minutes No matter how you measure it, Canadian and Alberta farm income took a big, double-digit, hit in 2018. The two biggest culprits were flat revenues, in part because of trade restrictions, and higher expenses, including for commercial feed, interest and machinery fuel. For 2018, Canadian farm net cash income fell 20.7 per cent to $11.6 […] Read more

(Dave Bedard photo)

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 year’s program, using direct payments and commodity purchases, industry sources briefed on the plan said. The U.S. Department of Agriculture is still finalizing the plan, […] Read more


Wheat fields being harvested

Farm income falls in 2018, but holding for now

Canadian farm income fell on market volatility, but export growth is still likely, says FCC

Reading Time: 2 minutes Final figures aren’t available yet but all signs suggest farm income in 2018 was clipped by several factors and will likely stay at that level through this year, said Farm Credit Canada’s chief economist. “Price volatility, higher input costs and weather-related challenges in many parts of the country over the past year took a toll […] Read more

Bags Of Money On A Farm Field

Farm income grew strongly in 2017

Reading Time: < 1 minute Several farm income records were set in Alberta last year, says an Alberta Agriculture statistician. Farm cash receipts were $14.1 billion, the first time they have exceeded $14 billion, said Roy Larsen. Crop market receipts were also a new record, up 3.9 per cent to $6.9 billion. “The growth in receipts was largely driven by […] Read more