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Al Mussell

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

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Page 1: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?

Al Mussell

Page 2: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?

Overview

Page 3: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?

The Survey

Page 4: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?

Who Responded?

Page 5: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?

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

Page 6: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?

Business Confidence and Planned Changes

Page 7: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?
Page 8: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?
Page 9: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?

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

Page 10: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?

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

Page 11: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?

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

Page 12: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?
Page 13: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?
Page 14: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?
Page 15: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?

Changes Planned

Page 16: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?

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

Page 17: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?

Ownership/Succession

Page 18: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?

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

Page 19: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?

What Inferences Can be Drawn?

Page 20: Al Mussell. Overview The survey Farm optimism/attitudes What changes are they planning? How are service providers perceived?

What Inferences Can be Drawn?