Farm incomes smashed records in 2015

“Agriculture Canada says 2015 could be a bumper year for farm incomes. The department says in its annual farm outlook that farm incomes reached record levels in 2015 and will remain above average this year. “Our analysis shows that 2015 and 2016 should be among the most successful years in the history of Canadian agriculture,” Rodney Myer, director of the farm economic analysis division, said in a conference call Friday.”We expect that net cash income in 2015 will reach $15 billion, which is about six per cent above the record set in 2014.”

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