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Farm cash receipts, first quarter 2019

Released: 2019-05-28

Farm cash receipts (quarterly) — Canada

$15.9 billion

First quarter 2019

3.1% increase

(year-over-year change)

Farm cash receipts (quarterly) — N.L.

First quarter 2019

(year-over-year change)

Farm cash receipts (quarterly) — P.E.I.

First quarter 2019

(year-over-year change)

Farm cash receipts (quarterly) — N.S.

First quarter 2019

(year-over-year change)

Farm cash receipts (quarterly) — N.B.

First quarter 2019

(year-over-year change)

Farm cash receipts (quarterly) — Que.

First quarter 2019

(year-over-year change)

Farm cash receipts (quarterly) — Ont.

First quarter 2019

(year-over-year change)

Farm cash receipts (quarterly) — Man.

First quarter 2019

(year-over-year change)

Farm cash receipts (quarterly) — Sask.

First quarter 2019

(year-over-year change)

Farm cash receipts (quarterly) — Alta.

First quarter 2019

(year-over-year change)

Farm cash receipts (quarterly) — B.C.

First quarter 2019

(year-over-year change)

Farm cash receipts for Canadian farmers totalled $15.9 billion in the first quarter, up 3.1% from the same quarter in 2018.

The increase in 2019 was attributable to higher program payments (+60.6%), crop receipts (+1.5%) and livestock receipts (+1.3%).

Farm cash receipts, which include crop and livestock revenues, as well as program payments, were up in every province except Nova Scotia (-2.5%), Manitoba (-1.3%) and Ontario (-0.3%).

Higher receipts in Saskatchewan (up $184.5 million) and Alberta (up $153.0 million) more than offset the largest monetary decrease, in Manitoba (down $22.7 million).

Crop receipts boosted by cannabis

Crop receipts totalled $9.0 billion in the first quarter, up $129.5 million (+1.5%) from the same quarter in 2018. Excluding cannabis, crop receipts would have declined 0.8%.

Cannabis receipts—which now include recreational cannabis—totalled $271.3 million in the first quarter, and are now included in farm cash receipts. Ontario had the highest farm cash receipts for cannabis at $116.7 million.

Wheat (excluding durum) receipts were up 13.3% as increased exports, likely due to strong global demand coupled with lower competition from other major wheat-producing countries, boosted both marketings (+10.2%) and prices (+2.8%). Wheat stocks as of March 2019 were down 4.3% to 15.7 million tonnes compared with the same period last year. In Saskatchewan, provincial marketings for all wheat rose 24.9% year over year in the first quarter.

Lentil receipts were up 44.9% to $259.5 million in the first quarter. This was mostly the result of a 43.9% increase in marketings to 607.4 million tonnes.

Canola receipts were down 11.0% to $2.0 billion as exports decreased sharply in the first quarter due to an oversupply of oilseeds in the world market. Canola prices were down 4.7% year over year, while marketings declined 6.7%.

Soybean receipts were down 22.3% with declines in six of the seven provinces that produce soybeans. This decrease in the first quarter was attributable to marketings (-20.9%), following a 10-year high of 1.3 billion tonnes in the first quarter of 2018.

Livestock receipts rise on higher cattle receipts

Livestock receipts rose 1.3% to $6.2 billion in the first quarter, mostly attributable to a 4.0% increase in cattle receipts to $2.0 billion and a 4.2% increase in dairy receipts to $1.7 billion. The increase was slightly offset by lower hog receipts (-8.7%).

The increase in cattle receipts was mostly attributable to the increased international exports (+37.9%), driven primarily by higher marketings (+32.6%) and prices (+4.0%).

The supply-managed sectors (which accounted for approximately 45% of total livestock receipts) posted a year-over-year gain of 4.8%, to $2.8 billion in the first quarter. Dairy receipts contributed the most to this increase. Both price and marketings were higher as receipts rose for both eggs (+9.6%) and chicken for meat (+5.8%). Turkeys (-6.4%) were the only supply-managed commodity that had lower receipts.

Declining hog prices (-10.3%) pushed hog receipts down from $1.1 billion to $996.8 million—despite a 1.8% year-over-year increase in marketings. The majority of the decrease was attributable to slaughtered hogs (-9.4%), mostly related to lower prices (-10.9%).

Program payments

Program payments totalled $698.0 million in the first quarter, up 60.6% year over year. Crop insurance was the main driver of the increase, rising from $205.4 million to $470.6 million. Alberta accounted for just over half of the crop insurance payments as a result of adverse weather conditions, which left crops unharvested in the fields.



  Note to readers

All data in this release are in current dollars. Farm cash receipts measure the gross revenue of farm businesses. They include sales of crops and livestock products (except sales between farms in the same province) and program payments. Receipts are recorded when the money is paid to farmers. These do not represent their bottom line, as farmers have to pay their expenses and loans and cover depreciation.

Farm cash receipts are, for the most part, based on monthly marketings and the monthly prices of various commodities. Marketings are quantities sold, using various units of measure.

Data are extracted from administrative files and derived from other Statistics Canada surveys and/or other sources. These data are subject to revision.

For details on farm cash receipts and net farm income for 2018, see the "Farm income" release in today's Daily.

Coherence with Census of Agriculture

Every five years, following the Census of Agriculture, the methods and concepts used to estimate the farm income series are reviewed. Estimates for farm income integrate a wide variety of administrative and survey data from many diverse sources. Consequently, this review is used as an opportunity to improve data sources, coverage and estimation methods.

As a result of this review, revisions back to 2010 are now available and are reflected in the data in this release.

Contact information

For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; STATCAN.infostats-infostats.STATCAN@canada.ca) or Media Relations (613-951-4636; STATCAN.mediahotline-ligneinfomedias.STATCAN@canada.ca).

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