Country 105

Country 105

Agriculture Report

Farm Profits Soar


Stats Canada finds farm profits soared last year.


Stats Canada says farm profits soared last year as declining operating costs outpaced a slight decrease in receipts.

The agency says realized net farm income amounted to 4 and a half billion dollars in 2010 -- that is up 1.4 billion from 2009.

The increase followed a 16.6 per cent drop in 2009.

Realized net income increased in every province except Alberta and New Brunswick.

Farm cash receipts -- which include crop and livestock revenues plus program payments -- fell slightly to 44.4 billion dollars last year.

Market receipts -- which include only revenue from the sale of crops and livestock --  increased  41.3 billion dollars.


The Canadian Cattlemen's Association says now that the federal election is over -- it will press the government for progress on the trade and regulatory issues.

The Cattlemen Association says it wants to continue working with the government to establish important new trade agreements with Europe, Korea and Japan.

Officials also want to resolve beef and cattle trade disputes with the U-S and Korea.


There are workshops being held about dirt.

Tarrah Young from Green Being Farm will teach the basics of soil science and how to optimize your soil's health -- and ultimately -- the health of your crops.

One workshop is being held this Saturday in Brantford and the other is Saturday June 4th in Brampton.

For more information --- visit the Farm Start website.


Manitoba says it will pay compensation to producers who lost livestock in a blizzard late last month.

The storm on April 29th and 30th killed about two thousand farm animals.

Eligible animals include cattle, bison, elk, sheep, goats llamas and horses.


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