The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.
<--- Return to Archive
For additional information relating to this article, please contact:
May 26, 2020FARM CASH RECEIPTS, Q1 2020 Statistics Canada has released results for quarterly farm cash receipts.
Compared with Q1 2019, national farm cash receipts were up 5.5 per cent, rising to $16.9 billion in Q1 2020. Nova Scotia's farm cash receipts increased 8.7 per cent from Q1 2019, increasing to $131 million in Q1 2020. Year-over-year farm cash receipts grew more rapidly in New Brunswick, British Columbia, Ontario and Quebec.
The largest growth in Canadian farm cash receipts in between Q1 2019 and Q1 2020 came from cannabis, hogs, dairy (unprocessed), and lentils/peas/beans. There was also a rise in insurance/stability/support payments to farms. Farm cash receipts at the national level were notably down in grains, corn and cattle/calves.
In Nova Scotia, the largest gains in farm cash receipts were reported in other crops (which may include cannabis, as it is not reported separately for Nova Scotia). There were smaller gains reported in unprocessed dairy and other livestock (may include poultry, which is not reported separately). Nova Scotia's farm cash receipts were notably down for furs and cattle/calves. Agricultural insurance/stability/support payments were down in Nova Scotia between Q1 2019 and Q1 2020.
Source: Statistics Canada. Table 32-10-0046-01 Farm cash receipts, quarterly (x 1,000)
<--- Return to Archive
