Statistics Canada released quarterly farm cash receipt data showing the first quarter of 2025 at $25.523 million. This marks a drop from $26.467 million in Q4 2024 and $23.577 million in Q3 2024. Crop receipts in Q1 2025 were $12.962 million, down slightly from $13.621 million in Q4 2024 and $12.679 million in Q3 2024. Livestock and product receipts rose to $10.937 million in Q1 2025 from $10.922 million in Q4 2024 and $9.864 million in Q3 2024. Direct payments fell to $1.623 million in Q1 2025, down from $1.924 million in Q4 2024 and $1.034 million in Q3 2024. Total receipts for Q2 2025 were $24.096 million and for Q3 2025 $24.099 million.
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