Record farm income in Sask.
Mar 2, 2011 | 5:43 AM
for paNOW
Saskatchewan’s realized net farm income has been at an all time high for the past two years. In 2009, it was $1.6 billion and the latest estimate for 2010 is more than $1.7 billion.
There are those who point out that adjusted for inflation, the highest net farm income was back in the early 70s when there were two years at over a billion dollars. That’s certainly true, but 2009 and 2010 are the highest in nominal terms. What’s more, we’ve eclipsed the net farm income of all the other provinces.
Manitoba has been reasonable at $550 and then $400 million dollars. But Alberta has been particularly low at $264 million in 2009 and a mere $64 million in 2010.