Farm cash receipts totalled $98.6 billion in 2023, up 3.6% (+$3.4 billion) compared with 2022.
Livestock receipts and crop receipts increased, while program payments fell. Livestock receipts were up primarily because of gains for cattle, while crop receipts had mixed results. A drop in crop insurance payments led to the decrease in total program payments.
All provinces posted increases in farm cash receipts in 2023, compared with 2022, except Ontario, where receipts were flat. Saskatchewan (+$1.5 billion) and Alberta (+$1.0 billion) led the gains.
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