A new report from FCC says Saskatchewan farmers continue to show financial strength despite some difficulties.
Farm Credit Canada chief agricultural economist J.P. Gervais says farmers are well positioned to thrive despite higher interest rates and volatile markets.
He says farm debt is rising at 5.1 percent this past year, but asset value jumped 7.6 percent.
He says farmers have a strong balance sheet despite trade uncertainty and volatile prices.
He expects crop production this year to be similar to last year despite some harvest concerns.
He says foreign demand remains high for Canadian farm production.
Gervais says farmers need to ensure they can handle market fluctuations with proper risk management plans.