Farmers say improving financial decisions boosts profitability more than new tech or government programming

"Seventy-three per cent of respondents agreed with that, with thirty-four per cent saying they completely agree and thirty-nine per cent saying they somewhat agree. The prioritization of farm financial decision-making over technology adoption or government programming is a great example of personal responsibility and obligation to take control of your own destiny at a time when many people look for easy solutions."

"Younger farmers under the age of 35 years old showed the greatest support for the statement. Under 35 years old scored 4.28 on the scale, compared to 35-44 years old at 4.00, 45-54 years old at 4.18, 55-64 years old at 3.93, and over 65 years old at 3.80."

"It's no secret that the 2026 crop year is shaping up to be one where profitability is a major concern. The RealAgristudies Insights Panel indicated that 75 per cent see 2026 to be a riskier season than 2025. Getting through this kind of farming environment requires real farm financial survival skills."

The 2026 crop year presents significant profitability challenges, with 75 percent of farmers viewing it as riskier than 2025. A survey of Canadian farmers revealed that 73 percent agree financial decision-making has greater impact on farm profitability than new technology or government programs. Thirty-four percent completely agree and 39 percent somewhat agree with this statement. Younger farmers under 35 years old demonstrated the strongest support, scoring 4.28 on a five-point scale, compared to older demographics. Livestock producers showed greater agreement than crop or mixed farm operators. This emphasis on personal financial responsibility reflects farmers taking control of their farm's destiny during uncertain times.

Read at Realagriculture