Summary All levels of government need to work together to ease fear around food security Liberals continue to push their climate change policies at all costs. Farmers are seeing higher input costs that are impacting their margins More needs to be done to address the rural housing crisis. More needs to be done to protect vital farmland Vertical farming solutions need to be push as part of food security

1. Agriculture
Equipment Sector –
Analysis and
Commentary
PAUL YOUNG CPA CGA
APRIL 13, 2022

2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos

3. Agenda
 North American AG Equipment Sales
 Commodity Prices
 AG Prices – Canada
 Preliminary Crop Estimates – Canada
 Oilseeds
 Energy Prices
 Carbon Tax
 Food Prices
 Hospitality Sector
 Farming Income
 Top Farming States
 Food Processors
 Technology and Farming
 Government and Farming
 Debt
 Summary

4. North American Equipment Sales
Source - https://www.aem.org/Market-Data/ US-Month-Ag-Report
-3-2022.pdf
CAN-Month-Ag-Repo
rt-3-2022.pdf

5. Commodity
Prices
SOURCE -
HTTPS://WWW.WORLDBANK.O
RG/EN/RESEARCH/COMMODIT
Y-MARKETS
CMO-Pink-Sheet-Apri
l-2022.pdf

6. Commodity
Prices
Source – Scotiabank
BNS_Commodities_20
221304.pdf

7. Carbon Tax – Canada
 Carbon Tax / Farmers – Wheat Farmers - https://wheatgrowers.ca/
 Greenhouse growers / Carbon Tax Exemptions - https://www.greenhousecanada.com/bc-greenhouse-
growers-get-permanent-carbon-tax-relief-20363/
 Grain Dryer - https://www.world-grain.com/articles/13262-canadas-grain-dryer-program-tackles-
efficiency
 Carbon Tax hike? - https://www.sherwoodparknews.com/opinion/editorials/editorial-liberals-mum-on-
hiking-carbon-taxes/wcm/a55ed40c-d289-4023-802b-4d2a1335cdc5

8. Hospitality Sector
Blog – Food Services and Hospitality Sector – Canada and the World – August 2021
The food and beverage sector continue to face many challenges.
https://www.slideshare.net/paulyoungcga/hospitality-and-food-service-sector-canada-august-2021

9. Blog – Food Prices
Blog - With Demand Soaring, Booming Food Sector Turns to Food Contract Manufacturing
As demand for food products increases nationwide, businesses are frequently turning to food contract
manufacturing companies to meet that increased need rather than adding additional capacity internally.
Anticipating that demand will eventually return to normal levels, food producers can work with an experienced
co-packer to enhance their operational efficiency without needing to make substantial asset or equipment
investments in-house that may sit unused later on.
Sourcing for food contract manufacturing on the Thomasnet.com platform is up 133% year over year and up
277% over last quarter averages.
Source - https://www.thomasnet.com/insights/with-demand-soaring-booming-food-sector-turns-to-food-contract-
manufacturing/?ecms_id=03a9e6f7-1a59-4bb8-88af-
2bd41a26780d&ecms_short=ART5898&doc_type=ted_video_article&parent_id=8250e2ab-aea8-49ec-ad90-
fe73f30b2122&utm_content=featuredvideo&linktype=title&channel=email&campaign_type=thomas_industry_update&ca
mpaign_name=tiu211004&utm_campaign=tiu211004&utm_medium=email&utm_source=thomas_industry_update&tinid
=221763045
My work - https://www.slideshare.net/paulyoungcga/food-and-beverage-analysis-and-commentary

10. Farm Income
 Farming Income in Canada has been struggling for the past few years -
https://www150.statcan.gc.ca/n1/daily-quotidien/191126/dq191126b-eng.htm
 USA farm income and aid - https://www.agriculture.com/markets/newswire/us-farm-income-expected-to-
rise-in-2019-but-only-because-of-government-aid
 AG subsidies - https://www.agriculture.com/news/business/world-farm-subsidies-hit-2-billion-a-day
 Net farm income, a broad measure of profits, is forecast to decrease $9.8 billion (8.1 percent) to $111.4
billion in 2021. In inflation-adjusted 2021 dollars, net farm income is forecast to decrease $12 billion (9.7
percent) in 2021 after increasing $37.8 billion (44.2 percent) in 2020 to its highest level since 2013. Despite
this decline, 2021 net farm income would be 21 percent above its 2000-19 average of $92.1 billion.
https://www.ers.usda.gov/topics/farm-economy/farm-sector-income-finances/highlights-from-the-farm-
income-forecast/

11. Canada
and Farm
Receipts
SOURCE – STATS CANADA
Farm Income -
202109.pdf

12. Farm Receipts
Source – Stats Canada

13. 2020 Farm Income Analysis
Blog - Farm Income
and Expenses - Canada.pdf

14. 2020 Farm Income Analysis
Blog - Farm Income
and Expenses - Canada.pdf

15. Top Farming States
Source - https://www.statista.com/statistics/196114/top-10-us-states-by-number-of-farms/

16. Food Processors
 Source - www.fao.org or https://www.globenewswire.com/news-release/2019/09/04/1910664/0/en/Food-Processing-Market-to-Exceed-4-Trillion-
by-2024-Key-Trends-Analysis-Opportunities-to-Succeed.html

17. Plastic Greenhouses / CO2
 35% of China’s vegetables come from plastic green houses -
https://www.nextbigfuture.com/2021/03/plastic-greenhouses-provide-35-of-chinas-vegetables.html
 Greenhouse farming - https://gulfnews.com/uae/environment/popularity-of-greenhouse-farming-
options-on-the-rise-1.842642
 South Korea - https://www.hortidaily.com/article/9306173/overview-vegetable-horticulture-in-south-
korea/
 Global Market - https://www.databridgemarketresearch.com/reports/global-plastic-greenhouse-
market
 Ontario/Greenhouses - https://windsor.ctvnews.ca/ontario-government-investing-3-6-million-toward-
innovation-projects-in-the-greenhouse-sector-1.5285128
 NZ and the Middle East - https://www.freshplaza.com/article/9307955/new-zealand-has-a-huge-tech-
opportunity-in-the-middle-east-s-growing-horticulture-industry/

18. Technology and Farming
 AI is transforming farming - https://www.forbes.com/sites/cognitiveworld/2019/07/05/how-ai-is-transforming-
agriculture/#1fa34bec4ad1
 AI and farming - https://customerthink.com/the-role-of-artificial-intelligence-in-agriculture-sector/
 IBM and farming - https://farmtario.com/news/ibm-expands-artificial-intelligence-platform-into-agriculture/
 RPA and Farming - https://blog.accubits.com/robotic-process-automation-in-agribusiness/
 IBM and Expert Farming - https://www.prnewswire.com/news-releases/farmplan-using-ibm-pairs-to-predict-blackgrass-
weed-before-it-damages-crops-301151067.html
 AG App - https://www.techrepublic.com/article/farming-assistant-app-agrolly-wins-ibms-call-for-code-contest/
 Smart farming - https://farmingfirst.org/2020/10/transforming-agriculture-through-smart-farming-from-data-ownership-
to-open-data/
 Telecom/Farming - https://ca.finance.yahoo.com/news/agriculture-analytics-market-reach-2-133100885.html
 Blockchain and Food Protection - https://blog.trustbix.com/how-blockchain-can-support-food-supply-chain-management

19. Government / Farming
 Elimination of trade barriers - https://www.slideshare.net/paulyoungcga/what-is-next-for-for-global-
trade-protectionism
 More emphasis on local supply chain management solutions -
https://www.slideshare.net/paulyoungcga/tranformation-of-supply-chains
 Tax fairness and regulatory reforms - https://www.slideshare.net/paulyoungcga/does-the-world-need-
a-wealth-tax
 Government provides direct subsidies and/or loans to farmers
 Government needs to revisit all their programs to ensure various programs are efficient and effective -
https://www.slideshare.net/paulyoungcga/market-food-protein-market-analysis-and-commentary or
https://www.oag-bvg.gc.ca/internet/English/parl_lpt_e_934.html or https://thetyee.ca/Opinion/2016/03/08/BC-
Carbon-Tax-Failure/
 Automation can help with automation of audits - https://www.slideshare.net/paulyoungcga/internal-audit-and-
performance-base-auditing

20. Farm Debt
Source -
https://www.portageonline.c
om/ag/agriculture-news-
mb/fcc-economist-says-
farm-debt-under-control-
watch-for-higher-interest-
rates

21. USA Farm Debt
Source -
https://farmpolicynews.illinoi
s.edu/2021/06/farm-lending-
remains-strong-in-2020-
american-bankers-
association-report/

22. Summary
 All levels of government need to work together to better support the agriculture
and food processing sector
 The world needs to unite to fixed issues with WTO
 More balanced between environmental and economic policies.
Blog – Agricultural Equipment and Farming Sector – March 2022
US-Month-Ag-Report
-3-2022.pdf
CAN-Month-Ag-Repo
rt-3-2022.pdf
RUSSIA-February-202
2-Ag-Tractor-Combine.pdf
CMO-Pink-Sheet-Apri
l-2022.pdf
BNS_Commodities_20
221304.pdf
Pinched
Saskatchewan farmers decry carbon tax hike Globalnews.ca.pdf
Farm Incomes.pdf Farm Incomes - 10
yer.pdf
4 Countries That
Produce the Most Food Worldwide.pdf
Rising prices of
fertilizer and diesel affecting farmers Mount Olive Tribune.pdf
Ukrainian Farms
Battered by War, While China Faces Production Issues Stoking Food Security Fears • Farm Policy News.pdf
EU to address food
shortages with “food diplomacy” TVP World.pdf
Adrian Ferrero on
how giving farmers insights into the soil microbial community is key to regenerative agriculture – Investing in regenerative agriculture.pdf
A Role for Vertical
Farming in Future Food Production Technology Networks.pdf
Enduring drought
compounds water pain for California farmers PBS NewsHour.pdf
New lithium
technology can help the world go green - if it works - MINING.COM.pdf
The world's first solar
thermal desalination plant has a Dutch touch Dutch Water Sector.pdf
3 Canadian Stocks to
Buy Amid Higher Commodity Prices The Motley Fool Canada.pdf
National Housing
Council calls for $6.3B to fix housing problems.pdf
Red-hot and rural
Small towns grapple with fallout from big-city-like real estate boom Financial Post.pdf
Seeds of hope Two
thirds of Canadian agriculture producers are cautiously optimistic for the year ahead - Bloomberg.pdf
Producers concerned
about war’s impact on input prices.pdf
Summary
All levels of government need to work together to ease fear around food security
Liberals continue to push their climate change policies at all costs. Farmers are seeing higher input costs
that are impacting their margins
More needs to be done to address the rural housing crisis.
More needs to be done to protect vital farmland
Vertical farming solutions need to be push as part of food security
1. Food security - https://farmpolicynews.illinois.edu/2022/04/ukrainian-farms-battered-by-war-
while-china-faces-production-issues-stoking-food-security-fears/
2. Food Security - https://tvpworld.com/59598143/eu-to-address-food-shortages-with-food-
diplomacy
3. Expert farming - https://investinginregenerativeagriculture.com/2022/04/12/adrian-ferrero/
4. Vertical farming - https://www.technologynetworks.com/tn/news/a-role-for-vertical-farming-in-
future-food-production-360609
5. Water management - https://www.pbs.org/newshour/nation/enduring-drought-compounds-
water-pain-for-california-farmers