The Woolwich Observer - - COMMENT -

Re­al­ized net farm in­come fell 3.6% in 2017 to $7.0 bil­lion, fol­low­ing three con­sec­u­tive an­nual in­creases. A small gain in farm cash re­ceipts was more than off­set by a stronger in­crease in op­er­at­ing ex­penses and ris­ing de­pre­ci­a­tion charges. Farm cash re­ceipts, which in­clude crop and live­stock rev­enues as well as pro­gram pay­ments, grew 2.3% to $62 bil­lion in 2017, fol­low­ing a 1% rise the pre­vi­ous year. This was the sev­enth con­sec­u­tive an­nual in­crease. Statis­tics Canada

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