Farm income Archives - Page 6 of 8 - Manitoba Co-operator

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

Farm equity growth slows in 2018

By GFM Network News, MarketsFarm Team 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

Crops, Markets, Weather

China, drought, debt shake Canadian farm finances

By GFM Network News, Rod Nickel 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

A recent Statistics Canada report said 2018 Canadian and Manitoban farm net cash incomes fell 20.7 and 18.5 per cent.

News

Flat revenue, higher expenses squeeze Canadian farmers

KAP president Bill Campbell says the trend to higher operating expenses adds to farmers’ risk when revenues stagnant

By Allan Dawson June 6, 2019

No matter how you measure it, Canadian and Manitoban 2018 farm income took a big, double-digit, hit in 2018. The two biggest culprits were flat revenues, in part because of trade restrictions, and higher expenses, including for commercial feed, interest and machinery fuel. Minto farmer Bill Campbell, having felt the “squeeze” in his own operation,

Local news, Other

In Your Co-operator this Week: June 6

By Manitoba Co-operator Staff June 3, 2019

Allan Dawson drills down into the numbers on falling farm income and deciphers what it actually means for Manitoba farmers. Among other things he found some cause for hope, including the fact farmers are entering this downturn from a strong position and that some commodities still saw rising cash receipts. Alexis Stockford looks at what’s

Crops, Hogs, Markets

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

By Chris Prentice, GFM Network News, Humeyra Pamuk 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,

“Risk management will become an even more significant component of success,” says J. P. Gervais with Farm Credit Canada.

News, Other

Farm income: a dip and now holding

Canadian farm income fell on market volatility, but export growth is still likely, says FCC

By Alex Binkley January 30, 2019

Final figures aren’t available yet but all signs suggest farm income in 2018 was clipped by several factors and will likely stay at that level through this year, says J.P. Gervais, chief agricultural economist with Farm Credit Canada. “Price volatility, higher input costs and weather-related challenges in many parts of the country over the past

Farmers who experienced economic hardships in the 1980s are concerned history may be poised to repeat itself.

News, Other

Protectionism, a trade war and U.S. farm subsidies

Is the stage being set for an economic downturn in agriculture?

By Allan Dawson August 24, 2018

Rising protectionism and an expanding trade war have some Manitoba farmers worried about a repeat of the 1980s farm crisis. “I don’t want to be a pessimist like my son says I am, but what is the next thing that causes the ’80s all over again? A worldwide trade war could be the black swan

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

Trump’s tariff war threatens to erode support of farmers

By GFM Network News, Mark Weinraub 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

Farm sales to co-ops to count for small business deduction

By GFM Network News, Manitoba Co-operator Staff May 8, 2017

Changes to federal tax law that were meant to block “multiplication” of the small business deduction for corporations won’t apply to farmers’ sales to co-operatives. The federal government on Friday released draft amendments to the Income Tax Act, which would allow qualifying farmers and fishers selling to agricultural and fisheries co-operatives to be eligible for

J.P. Gervais, FCC chief agricultural economist, says Canadian farm balance sheets are healthy for now.

News

Canadian farm balance sheets strong

FCC says the industry is doing well, but there are potential headwinds looming

By Allan Dawson September 15, 2016

Canadian agriculture is on a sound financial footing, with record farm income and land values peaking, while the increase in farm debt — also a record — is slowing. Those are the major conclusions of the Farm Credit Canada (FCC) Outlook for Farm Assets and Debt 2016-17 report, published Sept. 7. “The balance sheet of

Daily Network News

Prairie forecast: Warmer temperatures but east Prairies still cool

ADM to pay $40 million in U.S. SEC settlement, avoids criminal charges

Canadian Food Inspection Agency hit by job cuts

Tag Archives Farm income