Farmers’ realized net income dropped by over eight per cent in 2022 as expenses outpaced the rise in cash receipts, a new Statistics Canada report says. Realized net income is the difference between cash receipts and operating expenses, minus depreciation and plus income in kind. When cannabis is included, realized net income dropped by nearly […] Read more
Net farm income down in 2022 despite high commodity prices: StatCan
Hike in farm fuel, fertilizer and feed costs is the largest in nearly 50 years
Farm cash receipts on the rise, StatCan shows
MarketsFarm — Farm cash receipts improved 13.7 per cent during the first three quarters of 2022, Statistics Canada reported Monday. From January to September, those receipts reached $66.7 billion. That increase of more than $8 billion was due to higher receipts for crops, livestock and program payments. The report noted crop receipts rose 7.3 per […] Read more
Alberta EFP links up with global sustainability program
You’ve likely never heard of the SAI Platform but its members are global food and beverage giants
Reading Time: 3 minutes The Alberta Environmental Farm Plan has a new component that enables producers to qualify for a sustainability standard recognized by the food sector’s biggest players. “Producers can use this tool to receive credit for the global standard called Farm Sustainability Assessment,” said Lisa Nadeau of the Agricultural Research and Extension Council of Alberta, which operates […] Read more
Request line open for AgriRecovery drought plans, Bibeau says
Formal ask needed to trigger process: ag minister
Canada’s federal agriculture minister says the government is “ready to receive formal submissions” from provinces for AgriRecovery plans to help Prairie farmers and ranchers up against significant droughts this summer. Marie-Claude Bibeau, summarizing discussions from Thursday’s online meeting with provincial and territorial (FPT) agriculture ministers, said the formal requests “are needed to trigger the process,” […] Read more
It’s (once again) go time for a host of organizations in rural Alberta
Reading Time: 4 minutes Alberta’s agricultural societies, 4-H and Open Farm Days are all gearing up for Alberta’s reopening. “We are seeing our ag societies start to fire up,” said Tim Carson, executive director of the Alberta Association of Agricultural Societies. They are also scrambling a bit as two months ago, there was no indication the province was going to be […] Read more
AgriStability in Bibeau’s sights as ministers’ meeting booked
Removing reference margin limit a palatable option
Federal, provincial and territorial (FPT) ministers of agriculture are scheduled to meet Nov. 20 and 27 to discuss improving business risk management (BRM) programs. Federal Agriculture Minister Marie Claude Bibeau said she is confident counterparts from Quebec, Ontario and British Columbia will be willing to contribute their share to make significant improvements to AgriStability, the […] Read more
Four Quebec farm programs’ payments to roll early
FADQ to pay out $9.1 million on four programs on Nov. 1
Four provincial farm development programs in Quebec are to pay out to over 5,000 farm businesses a month ahead of schedule. La Financiere agricole du Quebec (FADQ), the provincial ag lending agency, announced Wednesday it will pay out about $9.1 million to businesses participating in the four programs effective Nov. 1. FADQ noted it made […] Read more
No timeline yet set for BRM reforms
Changes put on hold along with ministers' meeting
Ottawa — Federal Agriculture Minister Marie-Claude Bibeau has confirmed any reforms to business risk management (BRM) programs are being delayed. That confirmation came during a wide-ranging media availability Bibeau held Tuesday. In March, Tom Rosser, an assistant deputy minister at Agriculture and Agri-Food Canada (AAFC), said the government is looking at a number of options […] Read more
Younger aggies sought for new Canada-wide council
Twentysomethings and 18- and 19-year-olds who are working in Canadian agriculture and agri-food and “interested in shaping the future of the sector” are being sought for a new federal ag policy advisory council. Federal Agriculture Minister Marie-Claude Bibeau on Friday launched the application process for membership in a new Canadian Agricultural Youth Council, setting the […] Read more
Fraser: Bibeau buying time, BRM not a federal priority
The federal government is buying time when it comes to making drastic improvements to AgriStability and other business risk management (BRM) programs. Federal Agriculture Minister Marie-Claude Bibeau recently announced minor, cost-free tweaks to AgriStability, during the same week the public was given an updated look at Canada’s fiscal situation. That update shows the Liberal government’s […] Read more
Cyber-Savvy Farmer
