Farm revenues surged by 12.4 per cent so far this year to a record $38.2 billion.
Ontario’s farm revenues increased less than the national total, but were $7.1 billion.
Higher prices for canola and wheat led the way.
So, boy, was I wrong! Our farmers did'nt need much of anything from taxpayers this year or last.
The revenue situation may look quite different for the final six months of the year because drought has severely reduced Prairie crops.
But Ontario may fare better because bumper corn and soybean crops are into harvest, fruit and vegetable prices and harvest have been good, beef and pork prices have trended higher and supply management commodities are enjoying a return to normal supply chains and increased demand.
But then there's still the issue of net farm income to consider. While revenues are trending up this year, so are expenses.
This time I think I'll just wait and see.