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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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Why Is the Hard Red Winter Wheat Market Falling? - Market Monitor

Video: Why Is the Hard Red Winter Wheat Market Falling? - Market Monitor

In this week's Market Monitor, hard red winter wheat market conditions remain under pressure. OSU Extension crop marketing specialist Todd Hubbs discusses the factors driving the market decline and what producers should watch moving forward.