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How productivity gains affect farm income – part 1

Reference: FCC

Planting is in full swing. If the weather cooperates, we expect record or near record yields for Canadian crops because yields trend upward. Agriculture has long experienced productivity gains. Innovations such as GMOs and precision agriculture are transforming today’s agriculture. CRISPR gene editing technologies are expected to soon make positive contributions.

Productivity gains are desirable to society, but their economic impacts aren’t shared by all. This week and next, we’ll explore how productivity gains affect farm income and how farmers can stay ahead...Read More