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Statistics Canada data show Canadian net farm income rose 36.5% to C$18.1 billion in 2020, and realized net farm income rose 84.2% to C$9.9 billion. The gains were driven by strong crop receipts from export demand and lower fuel and fertilizer costs.
Strong farm cash flow reflects robust export demand for Canadian crops, but it does not directly move feed grain prices.
agcanada.comAGCanadaMay 28, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
