# StatsCan shows 2020 farm income up significantly - AgCanada

> 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.

- Date: 2021-05-28 · published 2021-05-28T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/47063-statscan-shows-2020-farm-income-up-significantly-agcanada
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Strong farm cash flow reflects robust export demand for Canadian crops, but it does not directly move feed grain prices.

## Sources

- agcanada.com: https://www.agcanada.com/daily/statscan-shows-2020-farm-income-up-significantly

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.