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Last year, the Alberta farm economy climbed out of a significant loss from the year before to a $367 million realized net farm income. In contrast, Manitoba recorded a 17 percent decline in realized net income, largely because of floodaffected production reductions. “Those three things coming together explain the numbers,” she said. 26 interview that the province had benefited from generally favourable weather and good crops, high prices for its commodities and increased marketings. Gail-Ann Breeze, a Winnipegbased farm income analyst in the Statistics Canada agriculture division, said in a Nov. To the end of September, farm cash receipts in Saskatchewan were $8.6 billion, seven percent higher than last year’s record performance. 26 suggest another great year in the making.
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And Statistics Canada farm income and cash receipts data published Nov. Last year, the province’s farms generated a realized net farm income (receipts minus expenses and depreciation) of $2.847 billion, 58 percent higher than the previous year and 150 percent higher than its closest rival, Quebec. 48 | $4.25 BY BARRY WILSON OTTAWA BUREAU SERVING WESTERN CANADIAN FARM FAMILIES SINCE 1923 | CANADIAN WESTERN AGRIBITION Here’s the beef Sales rise to $1.41 million FARM INCOME | 2012 REPORT SUPREME SALE PAGE 4-5 By any measure, Saskatchewan agriculture has moved to the head of the class among Canadian provinces as a money generator.