Country 105

Country 105


Agriculture Report

Farm Income May Drop

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Federal Ag Department projects drop in farm income.


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Too much water in Western Canada, rising interest rates and reduced program payments could take a bite out of average farm income in 2011 after a record year.

The federal Agriculture Department says in its farm forecast that income rose to record levels in 2010 due to lower input costs and higher prices.

That, despite excess moisture that led to reduced production in the West.

Excess moisture remains a wild card this year and -- while prices are expected to stay high -- input costs also are expected to increase.

The result is a projected drop in net operating income for the average farm to just over 44 thousand dollars -- from more than 50-thousand last year.

On the upside, that's still 16 per cent higher than the average for 2005 through 2009.

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There is another Environmental Farm Plan course being held in Markdale -- it begins tomorrow and continues on March 9th.

For more information -- call 986-3786.

A number of farm conferences continue today.

The Ontario Agricultural Irrigation Conference begins in Ingersoll.

The 5th annual Growing the Margins Green Energy meeting and the 3rd annual Canadian Farm and Food Biogas conference also continue in London.

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The federal and Manitoba governments have committed 26 million dollars to help the province's farmers clean up after their pigs.

The goal is to eliminate the spread of manure on fields during the winter when the ground is frozen.

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Producers in Saskatchewan who are struggling with feed shortages because of wet weather are getting help.

The federal and provincial governments say they'll give producers up to 30 dollars a tonne to buy fodder for their livestock.

Record rainfall across much of Saskatchewan last year damaged pasture land and left many fields underwater or too wet to seed.

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And alfalfa from a test field in Saskatchewan will be checked this summer to see how well it grew in salty soil.

Doctor Harold Steppuhn has identified several new lines of alfalfa that demonstrate improved tolerance to salt.

 

 

 


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