Tuesday, February 21, 2012

Can we get that in writing

I can across this article regarding the outlook for Canadian Farmers.
OTTAWA — Government projections suggest almost all Canadian farmers can look forward to good times for up to the next 10 years.
Agriculture Canada says by almost any measure, average farm income set new records in 2011.
This year, total family income is forecast to be 27 per cent above the last five-year average. And the department projects that the same factors that led to last year's prosperous harvest will remain stable for the next decade.   
Receipts from cereal and oilseed crops did the best, but livestock prices are also rebounding and producers are rebuilding herds.
Agriculture Canada says reasons for the favourable outlook are increasing worldwide demand for feed grains, high oil prices, moderate Canadian population growth and a Canadian dollar close to par with the U.S. greenback.

I recently spoke with a friend in Saskatchewan that sold their May born steer calves.  Their take home pay was close to $1250 / steer.  The bull sales that have already finished have been fantastic.  Congratulations to Kopp Farms, Manitoba on their sale yesterday that averaged over $6200 on close to 100 Simmental bulls. 
Let's enjoy these prosperous times.  It's been a long time coming.

1 comment:

Jill said...

How exciting! I have been hearing similar outlooks.