Value of Farm Capital

Farm capital of farm, value

Farm capital refers to the value of all farmland, buildings, farm machinery and equipment (including passenger vehicles used in the farm business), and livestock and poultry. Respondents report the value of their land, buildings, farm machinery and equipment as of Census Day. Values for livestock and poultry inventories reported in the census are calculated using data on average farm prices for the various types of livestock and poultry. Farm capital does not include the value of crops in the field or in storage, or farm inputs on hand, such as fertilizer and seed.

Farm refers to an agricultural operation that produces at least one of the following products intended for sale: crops (hay, field crops, tree fruits or nuts, berries or grapes, vegetables, seed); livestock (cattle, pigs, sheep, horses, game animals, other livestock); poultry (hens, chickens, turkeys, chicks, game birds, other poultry); animal products (milk or cream, eggs, wool, furs, meat); or other agricultural products (Christmas trees, greenhouse or nursery products, mushrooms, sod, honey, maple products).

The data for this variable are reported using the following measurements:

• Canadian dollar at current prices