Outlook for the Canadian Agriculture Sector Shows Positive Performance
(firmenpresse) - OTTAWA, ONTARIO -- (Marketwire) -- 02/27/13 -- Three new reports released today by Agriculture and Agri-Food Canada are showing a positive outlook for farmers in 2013.
"The forecast for 2012 reflects that farm incomes are once again at an all-time high," said Agriculture Minister Gerry Ritz. "The outlook shows that global demand for agricultural commodities will be driven by growth in developing economies, which is why our government continues to place such a strong emphasis on opening new and maintaining existing markets."
The three new reports, the Farm Income Forecast for 2012 and 2013, the Medium Term Outlook, and the Farm Income, Financial Conditions and Government Assistance Data Book 2012, provide an overview of the financial and market outlook for the sector and offer a benchmark for producers, industry stakeholders, and governments as they plan for the years ahead.
Highlights
For more information on the Farm Income Forecast for 2012 and 2013, the Medium Term Outlook, and the Farm Income, Financial Conditions and Government Assistance Data Book 2012, please visit . ()
BACKGROUND
The Farm Income Forecast (FIF) is prepared in consultation with the provincial governments and Statistics Canada. Reflecting information available up until mid-December 2012, it is Agriculture and Agri-Food Canada's (AAFC) measure of the financial strength of the agriculture sector and its contribution to Canada's economy. This forecast represents a federal-provincial consensus on the outlook for farm receipts, expenses, and net incomes for the previous (2012) and current (2013) calendar years.
The Medium Term Outlook (MTO) is not considered to be a forecast but rather a set of projections based on current policies, recent market conditions, and longer-term macroeconomic assumptions. Consequently it presents a "plausible future" for the international and domestic agri-food sectors in the decade ahead. It draws on recent economic projections from a number of sources including the Conference Board of Canada, the Organisation for Economic Co-operation and Development (OECD) and the United States Department of Agriculture. Together with the FIF, the MTO gives governments and stakeholders a forward-looking benchmark against which alternative future scenarios can be compared.
Also released at the same time as the FIF and MTO is the report on Farm Income, Financial Conditions and Government Assistance (referred to as the Data Book), which does not provide forecasts. Rather, it provides a historical summary of economic and financial indicators from recent years, including government spending and assistance to the farm sector, all in an easily accessible format. The Data Book has been published by AAFC since 1988. The data are collected from different sources, including AAFC, Statistics Canada, Farm Credit Canada, the Bank of Canada, the Conference Board of Canada, the OECD, and provincial governments.
Contacts:
Media Relations
Agriculture and Agri-Food Canada
Ottawa, Ontario
613-773-7972
1-866-345-7972
Jeff English
Press Secretary
The Office of the Honourable Gerry Ritz
613-773-1059
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 27.02.2013 - 12:59 Uhr
Sprache: Deutsch
News-ID 1201567
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
OTTAWA, ONTARIO
Phone:
Kategorie:
Government & Administration
Anmerkungen:
Diese Pressemitteilung wurde bisher 105 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Outlook for the Canadian Agriculture Sector Shows Positive Performance
"
steht unter der journalistisch-redaktionellen Verantwortung von
Agriculture and Agri-Food Canada (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
