Farm cash receipts for Canadian farmers totalled $24.9 billion in the first quarter, down $2.4 billion (-8.7%) from the same quarter in 2023. Total crop receipts fell $3.3 billion in the first quarter of 2024 to $13.2 billion, as prices returned to normal for most major crops. Meanwhile, livestock receipts (+$721.3 million) increased to $9.6 billion, while program payments (+$226.4 million) rose to $2.2 billion.
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