Falling crude oil prices and the slumping Canadian dollar helped Canadian farmers earn record net cash income last year, says the federal government. Agriculture Canada said in its Feb. 19 Canadian Agricultural Outlook report that income will drop slightly this year but still be historically high. “Our analysis shows that 2015 and 2016 should be […] Read more
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Farmers posted record aggregate net cash income last year
Canadian farmers generated a record $14 billion in aggregate net cash income in 2014, according to a new Agriculture Canada report released today. Taken down to the farm level, that’s an all-time high of $78,139 in average net operating income. “It’s something that we’ve been working for all of our careers is to see numbers […] Read more
Farm income sets new record
Canadian farmers are in the midst of an income boom that will soften in the next few years but remain strong by historic standards into the decade. This was the key message of an Agriculture Canada farm income forecast released Feb. 20 that projected Canadian realized net farm income this year at almost $5.3 billion, […] Read more
