Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are...

Al Mussell

Overview

The Survey

Who Responded?

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

Farm Revenue Class

Census

Survey

0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

under 35 years 35 to 54 years 55 years and over

Census

Survey

0%

10%

20%

30%

40%

50%

60%

70%

Soleproprietorship

Partnershipwith or without

a writtenagreement

Corporation Other operatingarrangements

Census

Survey

Business Confidence and Planned Changes

Important Agri-Food Sector Issues or Threats

0.0%5.0%

10.0%15.0%20.0%25.0%30.0%

Most Important Second Most Important Third Most Important

Select the top 3 issues, which represent the most important issues or threats to the success of the Canadian agriculture sector

Important Issues or Threats- Own Farm

0.0%5.0%

10.0%15.0%20.0%25.0%30.0%

Most Important Second Most Important Third Most Important

Select the top 3 issues, which represent the most important issues or threats to the success of your operation

Symmetry in Issues andThreats; Dichotomy in Confidence

-30.0% -20.0% -10.0% 0.0% 10.0% 20.0% 30.0%

Commodity PricesWeather Extremes

Price of Farm InputsFarmland Prices

Trade AgreementsFarm Debt Levels

Government policy changesIncreasing interest rates

Farm Practice RegulationsSustainability of Agricultural Practices

Consumer PressureAccessing/Retaining Human Capital

Government BudgetsClimate Change

Plant and Animal Health/DiseaseFood Safety and Health Regulations

Access to CapitalSuccession Planning / Asset Transfer

Access to professional service expertiseOther

Sector Own Farm

Most Important Issues and Threats

Changes Planned

0.0%5.0%

10.0%15.0%20.0%25.0%30.0%35.0%40.0%

Perc

enta

ge o

f Res

pons

es

How are you making adjustments to reduced crop revenues vs. the last 5-6 years?

Adjustments Planned in Cropping Practices

Ownership/Succession

0.0%5.0%

10.0%15.0%20.0%25.0%30.0%35.0%40.0%45.0%

Most Trusted Second Most Trusted Third Most Trusted

Who do you rely upon as your most trusted business advisors?

Most Trusted Advisors

What Inferences Can be Drawn?

What Inferences Can be Drawn?