Farmers Net Income Down From 2021

May 30, 2023

That drop followed a 50 percent gain in 2021 and a 79 percent gain in net income in 2020. It's no surprise what the number one factor was, higher fertilizer prices. It wasn't just that, but also higher fuel prices and the cost of feed remained high following the massive drought of 2021. Just to be clear, net income represents the difference between a farmer's cash receipts and their operating expenses.

The price of fertilizer last year, rose more than 61 percent to 11.9 billion dollars. It was impacted by several factors including high natural gas prices and the ongoing war in Ukraine which has now dragged on for more than 15 months. Farmers based in Saskatchewan had the highest realized net income in 2022 at 4.5 billion, followed by Alberta at 3.3 billion and Ontario at 2.3.

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Video: Sclerotinia and Lygus in Seed Canola: Field Update with George Lubberts, CCA | Enchant, Alberta

Join Certified Crop Advisor George Lubberts for this Prairie Certified Crop Advisor (Prairie CCA) field update from Enchant, Alberta. In this 12th video of the series, George takes us into a seed canola field where the male rows have been removed and the female plants are filling pods. This video was taken in the third week of August 2025.

George discusses the early signs of sclerotinia stem rot, explaining how infection begins in the stem, impacts pod development, and leads to premature ripening. He also shares insights on lygus bug management, including timing of spray applications to minimize feeding damage and maintain seed size and quality.

With cool, damp summer conditions, George notes that while disease pressure is present, overall field health remains good. The crop is just beginning to show early seed colour change, signaling progress toward maturity.

Topics Covered:

•Sclerotinia stem rot identification and impact

•Managing lygus bugs in seed canola

•Crop stage and seed colour change observations

•Timing insecticide sprays for optimal protection

•Insights from a CCA field perspective in southern Alberta