farm income Archives - Page 4 of 5

India’s Prime Minister Narendra Modi speaks to media on the Parliament premises in New Delhi in this Nov. 18, 2019 file photo. (Photo: Reuters/Altaf Hussain)

India’s levy cut on lentils part of balancing act

Global markets had zero or little forewarning of decision

By GFM Network News June 13, 2020

MarketsFarm — To Pulse Canada, the recent move by the Indian government to temporarily reduce the import levy on lentils from 30 to 10 per cent is part of a balancing act between competing interests. Greg Cherewyk, president of Pulse Canada, explained that Prime Minister Narendra Modi is “looking after the needs of a politically […] Read more

Plants at Delta 9 Cannabis’ indoor production facility in Winnipeg. (Dave Bedard photo)

General, Markets

Legalization lifts Canada’s net farm income in 2019

Livestock receipts up, unsmokeable crop receipts lower

By Dave Bedard, GFM Network News May 27, 2020

A significant year-over-year increase Canada booked last year in realized net farm income rests mainly on 2019’s status as the country’s first full year in the recreational cannabis market. Statistics Canada on Tuesday released full-year data on farm income, pegging Canada’s realized net farm income for 2019 at $4.9 billion — a 10.4 per cent […] Read more

Crops, Markets

Pandemic to delay StatsCan’s agriculture reports

By GFM Network News April 8, 2020

MarketsFarm — Farmers, commodity traders and market analysts will have to wait a while for agriculture-related reports from Statistics Canada in 2020. The main reason for the delay is the COVID-19 pandemic, said John Seay, an analyst with StatsCan’s agriculture, energy, environment and transportation statistics branch in Ottawa. “Given the COVID-19 outbreak, senior management is […] Read more

General, Markets, Weather

Canadian farmland trending less affordable in FCC report

Average values continue rising across board

By Dave Bedard, GFM Network News April 6, 2020

The average value of farmland in Canada is continuing to rise faster than farmers’ ability to generate revenue from it, Farm Credit Canada’s latest Farmland Values Report suggests. The report, released Monday, shows the average value of Canadian farmland rose 5.2 per cent in 2019 over 2018, the smallest year-over-year increase since 2010, and down […] Read more

Columns, Editor's column, Wheat & Chaff

Editor’s Column: The farm income news is not good news

What exactly is “realized net farm income”?  

By Leeann Minogue July 23, 2019

The news app on my phone keeps bringing up more worrying headlines about agricultural trade problems that will lead to lower farm prices. Twitter is full of grim photos of durum headed out before its time and canola crops with bare patches. I won’t write here that, as of the end of June, crops in […] Read more

A green lentil crop in southeastern Saskatchewan on May 31, 2019. (Leeann Minogue photo)

General, Machinery, Markets

Farm equity growth slows in 2018

By MarketsFarm Team, GFM Network News June 21, 2019

MarketsFarm — Equity in Canada’s farm sector increased by 3.6 per cent in 2018, hitting $522.2 billion, according to a report Thursday from Statistics Canada. The growth was well below the 6.4 per cent increase reported the previous year, and continued a trend of slower growth since 2013. Realized net farm income was down by […] Read more

Crops, Machinery, Markets, Weather

China, drought, debt shake Canadian farm finances

By Rod Nickel, GFM Network News June 19, 2019

Winnipeg/Ottawa | Reuters — For years, the financial stability of Canadian farmers was the envy of their U.S. counterparts, but rising costs, drought and a dispute with China have weakened their bottom lines. Net incomes plunged last year, and that setback was followed in March by China’s halting purchases of canola, Canada’s biggest crop. Now […] Read more

Crops, Hogs, Markets, Reuters

New Trump aid plan for U.S. farmers to rely on direct payments

By GFM Network News May 15, 2019

Washington | Reuters — The Trump administration’s second package of aid for U.S. farmers hit by the trade war with China is expected to have a similar structure to last year’s program, using direct payments and commodity purchases, industry sources briefed on the plan said. The U.S. Department of Agriculture is still finalizing the plan, […] Read more

U.S. President Donald Trump addresses a meeting of the National Space Council in the East Room of the White House in Washington on June 18. (Photo: Reuters/Leah Millis)

Crops, Reuters

Trump’s tariff war threatens to erode support of farmers

By GFM Network News June 18, 2018

Chicago | Reuters — President Donald Trump’s tariff battle with key buyers of U.S. apples, soybeans and corn threatens the support of some of his biggest backers — U.S. farmers now seeing their livelihoods in jeopardy. Farmers overwhelmingly supported Trump in the 2016 election, welcoming how he championed rural economies and vowed to repeal estate […] Read more

Barbed wire fence through the tall golden grass fields

Columns

Sask. farm income and land prices

Land prices are rising but “this time it’s different.” Or is it?

By Les Henry June 15, 2018

Over the past decade or so I have gathered up data on wheat and land prices in Saskatchewan and converted them to current dollars. That way, we can better judge how we are doing compared to our ancestors. History has a way of repeating itself, so a look back can suggest what might return. I […] Read more

GFM Network News

Canada October retail sales down 0.2 per cent; seen up 1.2 per cent in November

Pork imports to drop after 2026 as Philippines ramps up hog repopulation drive

Selling GMO tomato seeds to Canadian gardeners ‘reckless’ say advocates

Tag Archives farm income