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Tag Archives Farm income

(Stephen Ausmus photo courtesy ARS/USDA)
Livestock

Alberta poultry sector gets late entry for AgriStability

Participation deadline extended to end of month

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In the wake of avian influenza outbreaks in the region, Alberta poultry producers have been granted a late participation option to sign up for the federal/provincial AgriStability income stabilization program. Provincial Ag Minister Nate Horner on Wednesday announced the two levels of government have reached an agreement to allow poultry producers late participation in AgriStability
(Dave Bedard photo)
Markets

Farm cash receipts on the rise, StatCan shows

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MarketsFarm — Farm cash receipts improved 13.7 per cent during the first three quarters of 2022, Statistics Canada reported Monday. From January to September, those receipts reached $66.7 billion. That increase of more than $8 billion was due to higher receipts for crops, livestock and program payments. The report noted crop receipts rose 7.3 per
Op/Ed, Opinion

Opinion: Drought, war, inflation and consumer disconnect

Would the public support farm and food programs if they knew the farm income numbers?

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By almost any measure, 2022 has been a tough year for most. Inflation, war, the growing consequences of climate change and then widening political divide are just a few of the compounding woes we continue to deal with. In the middle of this chaos, however, U.S. farmers received remarkably good news. According to estimates released
(File photo courtesy Canada Beef Inc.)
Livestock, Weather

Initial drought list ready for 2022 livestock tax deferrals

Much of Manitoba, southern Alberta designated for 2022

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Many of the Prairie livestock producers forced by drought to make “difficult herd management decisions” in the 2022 income tax year are now eligible to defer the taxable income from those decisions. Federal Agriculture Minister Marie-Claude Bibeau on Tuesday released the initial list of designated regions in Alberta, Manitoba and Saskatchewan where livestock tax deferral
The strong farm lobby has — believe it or not — resulted in very pro-farm government programming.
News, Other

Beware of ‘rent seekers’ and unintended consequences in farm policy

Ryan Cardwell, this year’s Kraft Lecturer, says government needs to have clear goals

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Agriculture policy-makers need to be aware of ‘rent seekers,’ unintended consequences and the pitfalls of shoehorning more than one objective into a single policy. University of Manitoba agricultural economist Ryan Cardwell delivered that message online February 9 during the 12th annual Kraft Lecture (watch the full lecture on YouTube), named for the late Daryl Kraft,
Should farmers be pleased that land prices appear to have room to rise or should they be pleased that today’s rocketing land prices might be running out of fuel?
Op/Ed, Opinion, Other

Opinion: Up, down or sideways??

Farmland values picture becomes unclear when you delve into the numbers

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It’s the choices we make in the good times, the grandson of a Kansas homesteader once told me, that determine our farming successes, not the choices we make in the bad times. Why? Because, he explained, in the good times we have the money to make big mistakes and in the bad times we’re too
Bob Speller, shown here in a 2011 campaign video, died Dec. 16, 2021. (Video screengrab via YouTube)
Livestock

Former federal agriculture minister Bob Speller, 65

Ontario MP served in Paul Martin's cabinet

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A memorial will be held next week for Bob Speller, the Ontario businessman who served as Canada’s agriculture minister in the thick of the country’s BSE crisis. Speller, the MP for the southwestern Ontario riding of what’s now Haldimand-Norfolk from 1988 to 2004, died Thursday at age 65. A cause of death wasn’t given in
According to the report authors, large and highly efficient farms are a linchpin in competitive agri-food supply chains, while smaller farms are linked to the development and sustainability of rural communities. But policy objectives for farm structure do not exist, let alone programming.
News

‘Average’ farm size is an illusion

Report highlights rapid increase in number of very large farms at expense of smaller operations – and how the process could eventually hurt farms of all sizes

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Glacier FarmMedia – Large farms in Canada are growing in number at the expense of small and medium-size farms, and at an accelerating pace, observes a new report. The issue is unlikely to be resolved by markets and competition among farmers alone and represents a new dimension for agri-food policy. So says a September 2021
Net government program payments to Canadian farmers, excluding farmer premiums and money from private programs, totalled $2.4 billion in 2020.
News, Other

Canadian farm net cash income higher in 2020

Government payouts to farmers went up too, but there’s a good reason

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Canadian — and Manitoba — farmers saw a jump in government program payments in 2020, as well as higher gross revenues and net cash income. Increased government payouts might seem counterintuitive, but much of the money came to farmers through crop insurance and AgriStability due to poor crops in 2019. “Direct program payments rose 10.8
A vineyard at Naramata in B.C.’s Okanagan Valley. (File photo by Dave Bedard)
Markets

B.C. again waives ag income threshold for farm properties

Some farms otherwise risked property tax reclassification

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British Columbia farmers who’ve taken pandemic-induced losses in farm income will be able to keep their farm properties classified as such for another tax year. The province on Monday announced that for the second year running, it will waive the minimum farm income thresholds normally required for B.C. properties to be classified as farms for

AgCanadaTV

AgCanadaTV: Inflation puts tighter squeeze on farmers

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