Key Industry Sector
Agriculture
Agriculture is a primary driving force behind Neepawa’s economy. The region has over 95 registered businesses in oilseed and grain farming alone, with other concentrations in hog/pig farming, cattle ranching, and poultry & egg production, among others.
Quick Fact
Approximately 6% of Manitoba’s employed workforce is in the agricultural sector – the 3rd largest percentage of all provinces.
Sector Size
The Agriculture Sector contributed over $27.4 billion to Canada’s overall GDP in 2017. Manitoba accounted for $2.2 billion of this total.
Business Establishment
Location Quotient (LQ)* for Neepawa relative to Manitoba. LQ measures the concentration of Agriculture, Forestry, Fishing and Hunting businesses in Neepawa relative to other jurisdictions.
* An LQ of 1.25 and over suggests a high concentration of local activity in an industry in relation to the area with which it is being compared.
Sector Trends
Precision Farming
Precision farming is more integrated, easier to use and more valuable.
Automation
Automation is being driven by labour shortages.
Consolidation
Farms are expected to consolidate at a faster rate.
Smart Agriculture
Real time data for decision making will be critical to the success of the farm and the food supply chain.
Manitoba’s Protein Strategy
Manitoba will be North America’s protein supplier of choice, leading Canada in sustainable protein industry growth that benefits the profitability and competitiveness of Manitoba producers, processors and the provincial economy.
Learn more about the role agriculture plays and the economic impact the sector has on the Neepawa region.