In Canada, 10,000 large farms are responsible for half its farm produce, each more than a million dollars in sales. 2500 farms make up 28% of total Canadian sales.
The average net worth per farm increased from $1.2 million in 2007 to $1.7 in 2011. Total cash receipts in 2012 were $54.2 billion compared with $46.1 billion in 2008
They have a higher return on assets and equity and invest more so that means they will become bigger still, make more money, and produce a higher return. New technology such as GPS permits larger economies of scale. In comparison smaller farms are simply not cost competitive.
For the small struggling farmer an article from the archives of the Socialist Party of Canada remains relevant.
“The larger the machinery grows, the longer must he toil to obtain it, until a point is reached, where the last vestige of independence drops off him, and he reaches the status of a wage slave, or at best, manager for a machine company...Rent, interest and profit, spell for the "SLAVE OF THE FARM" robbery, insolvency, and pillage, with which unholy trinity, freedom and happiness are total strangers.”
The average net worth per farm increased from $1.2 million in 2007 to $1.7 in 2011. Total cash receipts in 2012 were $54.2 billion compared with $46.1 billion in 2008
They have a higher return on assets and equity and invest more so that means they will become bigger still, make more money, and produce a higher return. New technology such as GPS permits larger economies of scale. In comparison smaller farms are simply not cost competitive.
For the small struggling farmer an article from the archives of the Socialist Party of Canada remains relevant.
“The larger the machinery grows, the longer must he toil to obtain it, until a point is reached, where the last vestige of independence drops off him, and he reaches the status of a wage slave, or at best, manager for a machine company...Rent, interest and profit, spell for the "SLAVE OF THE FARM" robbery, insolvency, and pillage, with which unholy trinity, freedom and happiness are total strangers.”
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