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Decline in Number of Canadian Farms Slows

The number of Canadian farms is continuing to decline as the industry consolidates and producers age. But the pace of that decline is slowing. 

In its first release of data from the 2021 Census of Agriculture on Wednesday, Statistics Canada pegged the total number of farms in the country at 189,874, down a relatively modest 1.9% from the previous Census of Agriculture in 2016. The trend toward fewer farms has been ongoing for decades, but this past year’s decline was nonetheless the smallest in a quarter century. 

Between 2011 and 2016, the number of Canadian farms fell 5.9%, and dropped 10.3% in the previous census period from 2006 to 2011. 

“Over time, farms have been evolving to become increasingly sophisticated businesses that harmonize automation, modernization and production operations,” StatsCan said. “As a result, many farms have consolidated and become increasingly larger both in terms of sales and number of employees. Conversely, smaller and mid-sized farms are declining in Canada, thereby impacting the rural landscape and profile of Canadian regions.”      

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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.