. Cranberries; : the national cranberry magazine. Cranberries. Canoda Farm Results, Outlook 77 Production Praising Canada's farmers as real heroes in the country's anti- inflation program, Agricultural Minister Eugene Whelan last month cited the fall of food prices as a major factor in the decline in the consumer price index. In other opening remarks to delegates at Canada's Agricultural Outlook Con- ference, Whelan called careful man- agement and production planning of primary importance in main- taining stability in the agricultural sector. Speakers who followed out- lined-as usual in this a

- Image ID: RE6843
. Cranberries; : the national cranberry magazine. Cranberries. Canoda Farm Results, Outlook 77 Production Praising Canada's farmers as real heroes in the country's anti- inflation program, Agricultural Minister Eugene Whelan last month cited the fall of food prices as a major factor in the decline in the consumer price index. In other opening remarks to delegates at Canada's Agricultural Outlook Con- ference, Whelan called careful man- agement and production planning of primary importance in main- taining stability in the agricultural sector. Speakers who followed out- lined-as usual in this a
The Book Worm / Alamy Stock Photo
Image ID: RE6843
. Cranberries; : the national cranberry magazine. Cranberries. Canoda Farm Results, Outlook 77 Production Praising Canada's farmers as real heroes in the country's anti- inflation program, Agricultural Minister Eugene Whelan last month cited the fall of food prices as a major factor in the decline in the consumer price index. In other opening remarks to delegates at Canada's Agricultural Outlook Con- ference, Whelan called careful man- agement and production planning of primary importance in main- taining stability in the agricultural sector. Speakers who followed out- lined-as usual in this annual con- ference-Canadian production, . exports, and future prospects for the country's major crops. Increased area and the largest yields in Canada's history produced a record wheat crop of 23.5 milUon metric tons in 1976, 38 percent larger than the 17.1 million tons produced in 1975. Average yields were 2.11 tons per hectare, com- pared with the previous high of 1.86 tons per hectare in 1966. Fifty-nine percent of the wheat is. I]U estimated to fall in the No. 1 grade category, compared with last year when only 17 percent graded No. 1. There were no shortages of farm inputs in 1976, and adequate sup- plies are expected to continue into 1977. An 8 percent increase in the price of Canadian crude oil, how- ever, is expected to have direct and indirect effects on the cost of farm sector inputs. Crude oil price in- creases, for example, are major factors, accounting for an expected 10 percent rise in farm machinery operating expenses in 1977. Energy expenditures have accounted for a mounting proportion of farm operating costs. In 1975, expendi- tures for fuel oil and electricity represented 9.4 percent of farms' operating expenses. As a result of the drop in revenue and the increase in oper- ating costs, net farm income for 1976 was off 20 percent from the record high of Can$4.25 billion in 1975, to Can$3.36 billion in 1976. Net farm income could fall an CRANBERRY GROWERS SERVIC

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