While the strength of U.S. agriculture is receiving the lion’s share of the headlines, Canada’s farming economy is also demonstrating strong trends of another good year. The same high commodity prices that are supporting U.S. farmers’ equipment purchases are also helping Canadian growers to update their fleets.

According to Statistics Canada, realized net farm income amounted to $4.5 billion in 2010, an increase of $1.4 billion (+46.1%) from 2009 as the decline in operating costs…