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Report finds 40% of farm operators will retire by 2033

A recent report by RBC says that in 2033, 40% of Canadian farm operators will retire, placing agriculture on the cusp of one of the biggest labour and leadership transitions in the country’s history.

Over the same period, a shortfall of 24,000 general farm, nursery, and greenhouse workers are expected to emerge.

They also found that 66% of producers do not have a succession plan in place.

The report includes a three-point plan for growth, with goals set for the short, medium, and long term.

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Grains, Oilseeds and Pulses: 2026 FCC Economic Outlook

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Over the past few years, grains, oilseeds and pulses have experienced volatility. What can producers expect with regards to commodity prices and input costs in 2026?  To learn more, read our Crop outlook blog post: