The Daily Wednesday, May 25, 2022

The Daily Wednesday, May 25, 2022

by ahnationtalk on May 25, 202229 Views

Farm income, 2021

Realized net income for Canadian farmers rose 46.4% to $13.5 billion in 2021, as strong growth in receipts offset higher expenses. This increase followed a 79.7% gain in 2020 and a 5.1% rise in 2019. Excluding cannabis, realized net income in 2021 was up 46.2% to $13.7 billion.

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Farm cash receipts, January to March 2022

Farm cash receipts for Canadian farmers totalled $23.3 billion in the first quarter of 2022, up by $3.5 billion (+17.6%) from the same quarter in 2021. Program payments (+$2.3 billion), livestock receipts (+$975.8 million) and crop receipts (+$193.9 million) increased from the same quarter in 2021.

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Dairy statistics, March 2022

The total amount of milk sold off farms in March decreased 2.0% year over year to 793 961 kilolitres. Meanwhile, milk sold off farms for fluid purposes decreased 3.1% to 231 223 kilolitres. Milk sold off farms for industrial purposes decreased 1.5% year over year to 562 738 kilolitres.

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Oilseed crushing statistics, April 2022

Oilseed processors crushed 706 762 tonnes of canola in April. Oil production totalled 293 812 tonnes, while meal production totalled 421 551 tonnes.

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Milled wheat and wheat flour produced, April 2022

Millers milled 267 000 tonnes of wheat in April, while wheat flour production totalled 204 000 tonnes.

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Quarterly financial statistics for enterprises, first quarter 2022

Canadian corporations reported a quarterly increase of 1.9% in net income before taxes (NIBT) in the first quarter of 2022. The financial sector led the increase, recording growth of 7.6% in NIBT. The non-financial sector saw a decline in NIBT of 0.4% during the quarter.

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Economic and Social Reports, May 2022

The May 2022 issue of Economic and Social Reports is now available and contains four articles.

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Weekly aircraft movements, May 7 to 13, 2022

Weekly data on aircraft itinerant movements are now available for May 7 to 13, 2022.

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NT4

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