Canada - Income of farm operators - Annual review, 2007
http://www.statcan.gc.ca/pub/21-206-x/2010000/part-partie1-eng.htm
30-Mar-2010 (16 years 2 months 11 days ago)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.
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.