According to a new report from Statistics Canada, farm cash receipts increased in Canada last year.
The increase in livestock receipts more than compensated for a decline in crop receipts.
Total farm cash receipts in Canada were $101 billion last year, up from $98 billion in 2024. However, crop receipts declined from $52 billion to $51 billion, the lowest level in five years. Total livestock receipts more than made up the difference, going from about $40 billion to $45 billion. Back in 2021, livestock receipts totaled only $30 billion and have been rising each year since.
The other aspect of farm cash receipts is direct payments from governments and various private insurance programs. Those have been declining. Total direct payments back in 2022 were $7.3 billion, with crop insurance being the largest source. With better crops and fewer claims, total direct payments in 2025 were down to $4.8 billion.
Payments from AgriInvest accounted for $305 million last year. AgriStability payments have been rising going from $399 million in 2023 to $601 million in 2024 and $905 million last year.
While crop insurance is the largest portion of direct payments, the numbers are a bit deceiving unless you consider the premiums producers pay into the program. In Saskatchewan for 2025, the Stats Can numbers show roughly $725 million in gross crop insurance payments. However, producer premiums were about $469 million. Therefore, net crop insurance payments were $255 million.
