Annually, the Economics Section works directly with producers to stay informed of crop production costs and returns. The AgriProfit$ Business Analysis and Research Program collects information that is used to generate key cropping benchmarks for the major soil zones of Alberta. Alberta’s Freedom of Information and Protection of Privacy Act (FOIP) protects producer information collected for this program.
Annual benchmark reports enable producers to compare their productive, economic and financial performance to similar farming operations locally and provincially. Benchmark analysis is the first step in identifying cropping strengths and weaknesses. These reports contain cost and return information, and farm level financial performance.