First Quarter Farm Cash Receipts Rebound from Previous Year

May 30, 2025

After declining 2024, Canadian farm cash receipts posted a small rebound in the first quarter of 2025.

A Statistics Canada farm income report Wednesday pegged total national farm cash receipts for the January-March period at $25.6 billion, up $778.6 billion or 3.1% from the same quarter the previous year. Farm cash receipts include crop and livestock returns, as well as government program payments.

In 2024, national farm cash receipts fell $1.6 billion from a year earlier to $97.9 billion, mainly due to a decline in crop returns.

The year-over-year gain in 2025 first quarter farm cash receipts was due to stronger livestock returns. On the other hand, program payments declined, while crop returns were basically unchanged.

Total livestock receipts in the first quarter were up 14% to $10.9 billion amid higher prices for most types of livestock, StatsCan said.

Cattle (+$775.9 million) and hog (+$305.8 million) receipts led the increase in the first quarter, together accounting for roughly 80% of the rise in livestock receipts. These gains were the result of higher prices for cattle and hogs, up 21.5% and 17.5%, respectively.

International exports of cattle also saw a rise in marketings, up 32.6%, “possibly due to trade policy uncertainty with the United States,” StatsCan said.

Click here to see more...

Video: What Is Remote Sensing In Precision Agriculture? - The World of Agriculture

What Is Remote Sensing In Precision Agriculture? In this informative video, we will dive into the fascinating world of remote sensing and its role in precision agriculture. Remote sensing technology allows farmers to gather critical information about their fields without the need for physical presence. By utilizing satellites, drones, and aircraft equipped with advanced sensors, farmers can monitor various aspects of their crops, from temperature and moisture levels to overall plant health.

We will explore how the data collected through remote sensing can empower farmers to make strategic decisions for their crops. With the ability to identify specific areas that require more water or nutrients, farmers can optimize resource usage, leading to healthier plants and improved yields.

Moreover, remote sensing plays a vital role in tracking crop growth over time. By comparing images taken at different growth stages, farmers can evaluate their crops’ development and adjust their management practices accordingly.