It's actually before interest and depreciation that the small farmers are losing money, and this is as a class. On average they tend to lose money year after year after year.
If you look at aggregate farm income statistics, you will see that on average Canadian farmers lose money. Almost half of them sell less than $100,000 a year, and the average sales for that class are about $39,000 a year. It's very hard to make a living selling that much.