A new report says the Saskatchewan farm economy remains strong despite some economic issues — the details come from Regina-based Farm Credit Canada.
FCC chief economist J.P. Gervais says national farm debt rose 7.3-percent last year and livestock receipts dropped 3.2-percent.
But he says land and other farm assets continue to rise in value.
“Our debt-to-aspect ratio has been under the historical average,” said Gervais. “It’s still very healthy and in a strong position.”
Source : CKRM