Oil’s steep fall — and the resulting drop in the dollar — has big implications for 
Alberta agriculture.

How the plunge in oil prices and the loonie affects you

From inputs and labour to the complex ramifications for the beef industry, 
the drop in oil prices and the dollar is changing the farm landscape

Reading Time: 2 minutes A plunging loonie and free-falling oil prices will create winners and losers — and farmers will clearly be in the winners’ circle, according to one of Alberta’s top economists. “Agriculture, forestry and tourism will all do well,” said Todd Hirsch, senior economist with ATB Financial. “It’s really a big benefit to agriculture that we are […] Read more

cows

Where will trade grow?

Straight from the hip: There is a host of buyers for Canadian 
beef and many opportunities to grow the sector

Reading Time: 3 minutes The average age of the farmer in Japan is now 62, and very few farms are being started. This has left land abandoned or underutilized, with Japanese farmers now supplying just 39 per cent of the nation’s caloric intake (down from 73 per cent in 1965), which is a measure of self-sufficiency. Japan is in […] Read more