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Chapter 21 The Business of Farming - schs

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<strong>Chapter</strong> <strong>21</strong><br />

<strong>The</strong> <strong>Business</strong><br />

<strong>of</strong> <strong>Farming</strong>


Facts about <strong>Farming</strong> in Canada<br />

* According to Agriculture Canada, the agribusiness<br />

sector is one <strong>of</strong> Canada's top five<br />

industries, and accounts for about 8.5 percent <strong>of</strong> its<br />

Gross Domestic Product.<br />

* Canada is a major producer and exporter <strong>of</strong><br />

agricultural products, including wheat, coarse grains,<br />

and oilseeds.<br />

* Drought in Alberta and Saskatchewan during the<br />

2001 and 2002 growing seasons decreased wheat,<br />

coarse grain, and oilseed production substantially


Did You know?<br />

• Every year Canada exports more than<br />

24 billion dollars worth <strong>of</strong> agriculture<br />

and food products to more than 180<br />

countries around the world.<br />

Exports represent about one-half <strong>of</strong> all agricultural<br />

production, either in terms <strong>of</strong> direct sale or an input into a<br />

product which is eventually exported.


Numbers to Ponder<br />

• From 1992 to 2002, the value <strong>of</strong><br />

confectionery and snack food<br />

shipments from Canada has grown<br />

from $1.4 billion to 3 billion and $900<br />

million to $1.7 billion respectively.<br />

• Canada is the world's 6th largest fish<br />

and seafood exporter, exporting more<br />

than 75 per cent <strong>of</strong> its fish and<br />

seafood production to more than 80<br />

countries. Total exports reached a<br />

record $4.7 billion in 2002.


<strong>The</strong> Mighty Potatoe<br />

• Canada makes 85 per<br />

cent <strong>of</strong> the world's<br />

maple syrup, producing<br />

almost 35,000 tonnes<br />

valued at $164 million in<br />

2002. Quebec leads<br />

Canadian production <strong>of</strong><br />

maple syrup with 32,495<br />

tonnes and sales<br />

estimated at $147<br />

million.<br />

• <strong>The</strong> potato is the<br />

most valuable<br />

vegetable crop<br />

in Canada,<br />

accounting for<br />

63% <strong>of</strong> all<br />

vegetable farm<br />

cash receipts or<br />

$952 million in<br />

2002.


7 Land Classes<br />

• Class Description<br />

• 1- Soils in this class have no significant limitations in use for crops.<br />

• 2- Soils in this class have moderate limitations that restrict the<br />

range <strong>of</strong> crops or require moderate conservation practices.<br />

• 3- Soils in this class have moderately severe limitations that restrict<br />

the range <strong>of</strong> crops or require special conservation practices.<br />

• 4- Soils in this class have severe limitations that restrict the range<br />

<strong>of</strong> crops or require special conservation practices.<br />

• 5- Soils in this class gave very severe limitations that restrict their<br />

capability in producing perennial forage crops, and improvement<br />

practices are feasible.<br />

• 6- Soils in this class are capable only <strong>of</strong> producing perennial forage<br />

crops, and improvement practices are not feasible.<br />

• 7- Soils in this class have no capacity for arable culture or<br />

permanent pasture.<br />

• 0- Organic Soils (not placed in capability classes)

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