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Canada s farm incomes on track for a record year

Share this article Share this article OTTAWA, ON, Feb. 25, 2021 /CNW/ - Agriculture continues to be a strong driver of Canada s economy, with our farmers playing a key role in ensuring Canadians have access to affordable, high-quality food. Agriculture and Agri-Food Canada has completed an analysis of farm income for 2020 and 2021, and the results show that Canadian farm income and the value of farms is expected to be at an all-time high. This puts many farmers and farm families on a stronger footing and positioned to contribute to Canada s economic recovery. Today the Minister of Agriculture and Agri-Food, the Honourable Marie-Claude Bibeau, shared the results of the analysis while speaking at the annual meeting of the Canadian Federation of Agriculture.

Ag News: USDA De-Risk Carbon Bank

USDA De-Risk Carbon Bank and Farm Income Forecast & Export Data - AG INFORMATION NETWORK OF THE WEST

USDA De-Risk Carbon Bank and Farm Income Forecast & Export Data Tuesday Feb 9th, 2021 California retains its national lead in the number of organic farms and ranches, according to the USDA. In an annual report from its Organic Integrity Database, the USDA says the number of certified organic farms and ranches in the state exceeds 5,000. California has more than two-and-a-half times the number of organic operations as the No. 2 state, Wisconsin. The Biden administration is pondering how to “de-risk investments,” faced by farmers adopting climate mitigation practices. That’s according to USDA climate adviser Robert Bonnie who’s advocated for a so-called carbon bank to draw on USDA funding to finance “climate-smart land management practices” paying a guaranteed price per ton of carbon reductions.

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