Wednesday, April 05, 2006
Thank God I'm Not A Country Boy
A recent study by the National Farmers Union found that agribusiness posted record profits in 2004 while farmers shouldered near-record losses.
The farmer's share of revenue from a $3.64 box of corn flakes currently amounts to less than seven cents, says the study.
It costs farmers eight cents to produce (a loaf of bread) and six cents is all they are currently getting back, according to the Agriculture Producers Association of Saskatchewan.
Read complete story here.