Canada - Income of farm operators - Annual review, 2007

Despite a drop in their average net market income as they faced a cost-price squeeze, farm operators primarily engaged in hog and pig farming saw their average net farm operating income grow 14.1% from 2006 to $38,054 in 2007, thanks to net program payments. Combined with an 8.1% gain in average off-farm income, the 79.1% growth in average net program payments contributed to push average total income up 11.4% to $67,649.
Tuesday 30 March 2010 (8 years 5 months 22 days ago)
Like
Despite a drop in their average net market income as they faced a cost-price squeeze, farm operators primarily engaged in hog and pig farming saw their average net farm operating income grow 14.1% from 2006 to $38,054 in 2007, thanks to net program payments. Combined with an 8.1% gain in average off-farm income, the 79.1% growth in average net program payments contributed to push average total income up 11.4% to $67,649.

Adjusted for CCA, average net operating income of farm operators specialized in hog and pig farming increased to $4,923 in 2007, after declining from $28,518 in 2005 to $373 in 2006.

Hit by falling prices and increased production costs, in particular feed costs, these operators saw their average net market income decline to a deficit of $24,276 in 2007. Other factors in the rise of average operating expenses were paid salaries, hog purchases, miscellaneous expenses, and net interest expenses. As can be seen in Chart 3, average net market income of operators specialized in hog and pig farming fluctuates significantly over time.

http://www.statcan.gc.ca/pub/21-206-x/2010000/part-partie1-eng.htm

Swine news

Russia: Positive balance of the agricultural sector in 201607-Jun-2017 1 years 3 months 14 days ago

Article Comments

This area is not intended to be a place to consult authors about their articles, but rather a place for open discussion among pig333.com users.
Leave a new Comment

Access restricted to 333 users. In order to post a comment you must be logged in.

Not a registered user of 333?sign upand access swine prices, the search engine, ...
It is fast and free
Are you registered in 333?LOGINIf you've forgotten your password we'll send it to you here

tags

Swine News

Swine industry news in your email

You are not subscribed to this list

14-Sep-201807-Sep-201827-Jul-201820-Jul-2018

Log in and sign up on the list

Not a registered user of 333?sign upand access swine prices, the search engine, ...
It is fast and free
Are you registered in 333?LOGINIf you've forgotten your password we'll send it to you here