Farm input costs in Manitoba rose at the fastest pace in Western Canada in the third quarter of 2012, new Statistics Canada figures show.
The agency said Manitoba farmers saw a one per cent increase in costs from the second to third quarters of the year due to higher prices for things like farm buildings, machinery and motor vehicles, machinery fuel, and commercial animal feed.
Saskatchewan farmers, by comparison, saw their input costs drop by a similar amount — 1.1 per cent. British Columbia farmers saw an increase similar to their Manitoba counterparts, at 0.9 per cent, while Alberta farmers saw their costs climb by a mere 0.2 per cent.
But while Manitoba saw the biggest cost increase in Western Canada, some Eastern Canadian farmers fared even worse, the Statistics Canada numbers show. Farmers in Quebec, Newfoundland and Labrador and Ontario saw quarter-to-quarter increases of 2.5, 2.5, and 1.9 per cent respectively.
Nationally, the agency said farm input costs rose by 0.8 per cent due to higher prices for things like farm buildings, machinery and motor vehicles, and commercial feed.