Farm cash receipts for Canadian farmers totalled $48.3 billion in the first two quarters of 2023, up $4.3 billion (+9.9%) from the same period in 2022. Both crop (+$4.7 billion) and livestock (+$1.2 billion) receipts increased from January to June 2023, while program payments fell $1.6 billion.
Every province recorded higher farm cash receipts, led by Saskatchewan, which accounted for half of the national increase.
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