Country 105

Country 105


Agriculture Report

Banner 2015 for Farmers Income

By Fadi Didi

Agriculture Canada says net cash income in 2015 is expected to reach a record $15-billion.


Length: 1:06

It seems 2015 was a bumper year for farmers' bank accounts, with Canada's agriculture department reporting record income levels.

In its annual outlook, Agriculture Canada says net cash income in 2015 is expected to reach 15-billion dollars.

That's six per cent higher than the previous record, set a year earlier.

Analyst Rodney Myer says the department expects last year and this one to be Aamong the most successful in Canadian history.

The department's report says lower oil prices significantly reduced farmers' fuel expenses, while the struggling loonie improved their competitiveness.

If both those trends continue, Myer says Canadian farmers can expect to draw even better prices for their products this year.

>>>

If you have cantaloupe in the fridge, you might want to check the label.

There's a recall on Del Monte and Sysco Imperial Fresh-brand canteloupes, due to possible Salmonella contamination.

There have been no reported illnesses, but Canada's food safety watchdog advises people to throw out or return the fruit. 

>>>

Toronto's Royal Agricultural Winter Fair has appointed Ian Charlton as director of corporate development.

Charlton has worked as a senior integrated partnership sales and marketing executive for Bell Media, NASCAR and the National Basketball Association.

He says the Royal is a world class event that has all of the signature cornerstones that partners are looking for -- including size and scope and relevancy.

The Royal Agricultural Winter Fair is the world's largest combined indoor agricultural and equestrian show.

 

 


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