A new U.S. study says off-farm income is increasingly important for the farming community. Researchers at the University of Missouri found 82 percent of U.S. farm household income now comes from off-farm sources. Most farmers cited reliable income as the top reason for off-farm employment, as one-half of farm households have negative farm income in […]
Canada’s inflation rate fell from its near 40-year high of 8.1 per cent in June to 7.6 per cent in July, Statistics Canada said Tuesday. The easing was largely attributable to gas prices, which have dropped in recent weeks, but similar relief has not extended to food costs. The latest consumer price index data showed […]
Federal Agriculture minister Marie-Claude Bibeau says farm income in Canada is expected to be at an all-time high this year. Bibeau says the agriculture sector is expected to see significant growth in key financial areas for 2020 and 2021. In spite of challenges from Covid-19 and the impact on the food supply chain, the […]
Crop production challenges and lower grain prices led to a decline in Saskatchewan realized net farm income last year. FCC chief agricultural economist J.P. Gervais says StatsCan numbers show net farm income in this province dropped $311-million or 16 percent last year. Realized net farm income rose in most provinces except for Saskatchewan and Manitoba. […]
The National Farmers Union has released a new report on tackling the farm crisis and the climate crisis. President Katie Ward says the report points to agriculture to provide an opportunity to become part of the solution in dealing with the climate crisis facing the globe. The report says incentives should be put in […]
