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Farm equity, asset values up in 2023: StatCan

Farms' ability to pay debts declined but balance sheet remains strong

The total equity of the Canadian farm sector rose nearly eight per cent in 2023 while farm assets rose more than seven per cent according to Statistics Canada’s 2023 balance sheet.


seeding near lethbridge 2011

Prairie soils’ organic carbon climbing

Data from StatCan and AAFC highlight positive changes made in agriculture since the 1980s

Glacier FarmMedia — For much of the last five years, the federal government has been setting targets for Canadian farmers to reduce nitrous oxide emissions from fertilizer and methane emissions from cattle. The government has provided funding to help producers cut methane and nitrous oxide emissions from primary agriculture, while constantly beating the drumbeat of […] Read more

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Realized Canadian farm income up, net income down in 2023

Total farm cash receipts rose 4.4 per cent compared with 2022 on higher crop marketings; cattle prices

Realized net income for Canadian farmers rose 18.3 per cent in 2023 to C$14.5 billion, as growth in receipts offset a rise in expenses, according to a report from Statistics Canada released May 29.


File photo of grain bins in Saskatchewan. (Chinaface/iStock/Getty Images)

Most Canadian grain stocks tighter than a year ago

For many of Canada’s major crops, their holdings came in lower than a year ago, as Statistics Canada released its stocks of principal field crops as of March 31 report. There were declines in all wheat, durum, oats, corn, lentils and peas, but there were increases for barley and canola while soybeans were relatively steady.