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Farm Cash Receipts Rebound in 2025 Amid Livestock Gains

Canadian farm cash receipts rebounded this past year, as strong gains in livestock markets outweighed weaker crop revenues and lower government program payments. 

A Statistics Canada farm income report on Thursday pegged total 2025 national farm cash receipts - sales of crops and livestock products as well as payments from government programs– at $101.4 billion, up $3.3 billion or 3.4% from a year earlier. In 2024, total farm cash receipts were down $1.4 billion from the previous year – the first year-over-year decrease since 2010. 

Livestock was the main driver of 2025 farm cash receipts, increasing a hefty $5.3 billion or 13.1% to $45.3 billion. In contrast, crop receipts declined $871.5 million or 1.7% to $51.3 billion, while direct program payments fell $1.1 billion or 18.4% to $4.8 billion, moderating the overall increase in farm income. 

Most provinces reported higher farm cash receipts in 2025, led by Alberta and Ontario. Alberta receipts rose 5.9% to $24.4 billion, reflecting strong livestock performance. Ontario posted a 3.6% increase to $23.5 billion. Manitoba also saw gains, with receipts climbing to $24.4 billion, up from $23.0 billion in 2024. Saskatchewan was the lone province to record a decline, with total receipts down 2.1% to $21.0 billion, as higher livestock receipts were insufficient to offset lower crop revenues and reduced program payments. 

Canola and specialty crops led the overall decline in 2025 crop receipts. Canola returns dropped 6.4% to $12.1 billion, the lowest level since 2021, as marketings fell 6.9% after tariffs curtailed exports. Lentil receipts tumbled 29.5% to $1.1 billion, while dry pea receipts fell 31.6% to $671.5 million, pressured by lower prices, weaker demand and ample global supplies. 

Wheat (excl durum) receipts in 2025 were reported at $8.5 billion, up modestly from $8.4 billion a year earlier, while durum returns increased 10.7% to $1.9 billion. 

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Supplemental Nitrogen on Soybeans: Can Early Nitrogen Increase Yield?

Video: Supplemental Nitrogen on Soybeans: Can Early Nitrogen Increase Yield?

Can supplemental nitrogen help soybeans reach higher yield potential? Technical Agronomist Tim Sickman walks through an ongoing trial at the Nutrien Innovation Farm in Owensboro, Kentucky, exploring whether a modest amount of nitrogen applied at planting can support higher-yielding soybean environments.

The trial compares 30 pounds of supplemental nitrogen across both 15- and 30-inch rows, along with treatments that include sulfur and micronutrients. Similar trials conducted in 2024 and 2025 delivered a six- to seven-bushel yield response, prompting the team to expand the research this season.

Early observations show that treated soybeans are slightly taller and averaging about two additional nodes on the main stem. These added nodes could create more opportunities for blooms and pods, but the true results will come at harvest when the team evaluates pod development, seed fill and final yield.

In This Video:

Why high-yield soybeans may need supplemental nitrogen

Results from the 2024 and 2025 trials

Nitrogen treatments in 15- and 30-inch rows

Fertilizer placement and application methods

Differences in plant height and node counts

Potential effects on pod development and yield