farm income Archives - Page 5 of 5

Input costs to chip away at farmers’ shrinking income

By GFM Network News February 24, 2016

CNS Canada — An anticipated downturn in farm income and higher input costs mean Canadian producers will be in a tough financial position this year, the head of the National Farmers Union (NFU) predicts. Farmers’ net cash income is expected to move lower in 2016, declining nine per cent to $13.6 billion in 2016, according […] Read more

General, Markets, Reuters

Farm incomes set to fall from record high

By Reuters, GFM Network News February 19, 2016

Reuters — Canadian farm incomes look set to fall in 2016 after a year of record profits, but will still reach above-average levels, according to a report from the federal government. Rising receipts for crops and livestock have boosted incomes in recent years, due to greater demand in developing countries and a weak Canadian dollar, […] Read more

Dairy Cattle, Livestock

Farm kids: Don’t worry about wages

By Grainews Staff, GFM Network News August 27, 2015

A new study by Cornell University agricultural economists says family members who work on the family dairy farm make $22,000 less annually than comparable hired managers, but are handsomely compensated with “socioemotional” wealth. “While $22,000 seems like a large penalty, there are non-financial rewards they experience working for the family business,” Loren Tauer, professor at […] Read more

Columns

Keep farming for a lower tax bill

Keeping the farm operating will hold taxes down and maintain the farm legacy

By Andrew Allentuck May 19, 2015

Farming has been good to a couple we’ll call Horace, 50, and Betsy, 40. Their 3,500-acre grain operation has been consistently profitable. Now they want to plan their retirement and succession, but it’s too early to tell if their daughter, Moira, 10, will be interested in continuing to farm. The couple plan to stay with […] Read more

Columns

Keep the farm going

For a multi-generational family farm, it’s continuity rather  than profit that’s the guiding principle for succession

By Andrew Allentuck February 3, 2014

Jack and Martha, as we’ll call them, farm 1,760 acres in central Manitoba. At the ages of 67 and 62, they are thinking of handing over the reins of their operation to their son, Bob, who is 30 and already active in running the farm. Bob will be the fourth generation of his family to […] Read more

U.S. livestock: Cattle, hogs make gains

U.S. grains: Soybeans rally after Trump urges China to buy more U.S. beans

Fruit and Vegetable Growers of Canada appoint policy lead

GFM Network News

U.S. livestock: Cattle, hogs make gains

U.S. grains: Soybeans rally after Trump urges China to buy more U.S. beans

Fruit and Vegetable Growers of Canada appoint policy lead

Tag Archives farm income

Input costs to chip away at farmers’ shrinking income

Farm incomes set to fall from record high

Farm kids: Don’t worry about wages

Keep farming for a lower tax bill

Keep the farm going

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