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Wednesday, January 19, 2005 Farm business cash flows2001, 2002 and 2003 (revised)The agriculture sector experienced a 31.2% drop in cash income from 2002 to 2003, due to a 10.6% decrease in the sales of primary agricultural products. Cash income stood at $6.2 billion in 2003 which was 24.0% lower than the previous five year average (1998 to 2002). The main declines in cash income were recorded in the Prairie provinces as back-to-back droughts in the previous two years and the diagnosis of a single cow with BSE were among the main factors that caused the drops. After three consecutive annual increases, the amount of cash available for investment or withdrawal fell by 25.0% in 2003 compared with 2002. After reaching a record of $11.9 billion in 2002, cash flows slid to $8.9 billion in 2003. Data series on farm business cash flows are now available. Available on CANSIM: table 002-0023. Definitions, data sources and methods: survey number 5031. For more information, or to enquire about the concepts, methods or data quality of this release, contact Jake Purdy (613-951-0984; jake.purdy@statcan.gc.ca), Agriculture Division. [an error occurred while processing this directive] |
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