An overview of operating expenses of Canadian livestock farms. The expenditures vary depending on the province, production method and industry type. The summary analysis makes it possible to compare the movement of expenditures for each dollar spent.
In the 2011 Census of Agriculture, more than 85,000 livestock farms were reported, representing 41.6% of all farms in Canada. In 2010, livestock farms reported total gross receipts of $24.4 billion and incurred $21.0 billion in operating expenses. For each dollar of gross receipts, livestock farms incurred 86 cents in operating expenses, e.g. feed, livestock, veterinary services and wages.
This October 2014 issue of Statistics Canada's Canadian Agriculture at a Glance presents an analysis of the expenses that have taken up much of the operating budget. This article also shows variations in expenses between provinces and by industry type. In addition, it compares expenses by production method, namely livestock farms with crops and livestock farms without crops.
View the complete Statistics Canada Report here: http://www.statcan.gc.ca/pub/96-325-x/2014001/article/14084-eng.htm