Ag Economist Topics
Wondering why the local grain bids seem to change so frequently? The combined impact of global trends and local supply and demand conditions determine producer crop prices.
Low stocks-to-use ratios generally trigger volatility in crop prices.
The stocks-to-use ratio is a power statistic to understand demand and supply factors that impact crops.
Canadian farmland values trended upward in 2017 driven by the expansion plans of producers and limited amount of land available for sale. For more, see the 2017 FCC Farmland Values Report.
Increased supply of feed in Eastern Canada will be supportive of Canada’s competitiveness in the livestock industry while tighter supplies of feed barley in Western Canada will not.
Strong farm cash receipts and low interest rates imply Canadian farms remain able to meet their debt obligations.
Comparison of farm financial health between Canadian and U.S. farms
Ownership of farmland was unchanged between 2011 and 2016, but Canadian producers shifted to more cash rent agreements.
Farm equipment expenses as a proportion of total farm expenses has trended flat over the past 10 years despite the large increase in farm equipment prices.
Canadian corn producers will reap the benefits as Brazil ramps up their 2017-18 sugar production.