In December 2014, subscribers to The Western Producer, Country Guide and other publications of Glacier FarmMedia were invited to participate in an online Ipsos survey of farmer attitudes and business outlooks. Participants shared some interesting insights about farmers’ market perceptions, attitudes, needs and plans. Farmers in Western Canada have a weakly optimistic view of the […] Read more
Tag Archives Agricultural Outlook Survey
How are farmers doing?
Canadian farmers are making money hand over fist, according to a new report from Agriculture Canada. Aggregate net cash income for 2014 is projected at $14 billion, 10 percent higher than the previous record. The preliminary forecast for 2015 is for net cash income to fall to $13 billion, but that would still be 21 […] Read more
Succession plans important but not always done
Yet according to an Ipsos survey, more than 70 percent of producers who plan to transfer farm ownership to a family member don’t have a succession plan in place. Bruce Tait, senior vice-president of agriculture with accounting firm MNP, said farmers have struggled with the concept of farm succession planning. However, the message is slowly getting out. […] Read more
Land, equipment purchases on horizon for many farmers
The amount of debt carried by Canadian farmers has never been higher, but producers don’t appear overly concerned
Survey respondents with annual sales of more than $1 million are even more likely to buy land, machinery and other major assets this year, the survey found. Thirty-four percent of farmers who reported sales of more than $1 million a year said they were somewhat likely to buy more land this year, while 47 percent […] Read more
