Bloomberg News

Alberta Says Farm Revenue Jumps on Higher Prices for Crops, Beef

November 23, 2011

Nov. 23 (Bloomberg) -- Farmers in the Canadian province of Alberta boosted agricultural revenue during the first half of the year to C$5.2 billion ($4.96 billion) as crop, livestock and meat prices rose, the provincial government said.

Crop receipts jumped 39 percent to C$2.7 billion during the first half of the year, largely due to higher prices and increased marketing, the government said today in an e-mailed statement. Livestock receipts through October rose 1 percent to C$2.2 billion.

The agriculture industry employs about 70,000 workers in the province, and accounted for C$6.7 billion in exports last year, the government said. Alberta, better known for producing oil and natural gas, is Canada’s largest beef producer and exports to the U.S. and Asia.

-- Editors: Steve Stroth, Patrick McKiernan

To contact the reporter on this story: Jeremy van Loon in Calgary at jvanloon@bloomberg.net

To contact the editor responsible for this story: David Scanlan at dscanlan@bloomberg.net


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