| | Agri-Food Statistics Update: Issue FI18-3
Collected from a variety of sources, the Statistics and Data Development Section monitors statistical indicators of agri-food activity for Alberta. The Agri-Food Statistics Update is designed to provide users with commentary on current issues, trends and new developments related to agriculture and the food and beverage processing industries. Up-to-date statistics are supplemented with informative charts and diagrams. To gauge Alberta’s performance, comparative data and information are often available for Canada and the provinces.
Please visit the following website for a complete listing of Agri-Food Statistics Update releases:
http://www1.agric.gov.ab.ca/$department/deptdocs.nsf/all/sdd5270
Note to Users: The contents of this document may not be used or reproduced without properly accrediting Alberta Agriculture and Forestry, Economics and Competitiveness Branch, Statistics and Data Development Section.
Release Information
On November 27, 2018, Statistics Canada released its third quarter (January to September) 2018 farm cash receipts (FCR) estimates, as well as finalized annual 2017 farm income estimates for Canada and the provinces, including intercensal Every five years following the Census of Agriculture, estimates, methods and concepts are reviewed to improve data. Results back to 2010 are now available and are reflected in the data in this release. revisions back to 2010. Detailed data is available on the Statistics Canada website, series numbers 32-10-0045-01 (farm cash receipts, annual); 32-10-0052-01 (net farm income); and 32-10-0046-01 (farm cash receipts, quarterly):
https://www150.statcan.gc.ca/n1/en/type/data
Highlights
Farm Cash Receipts – 2018 Third Quarter
- Alberta is having a relatively good year for farm income based on the first three quarters of 2018, despite a modest decline in FCR.
- In the third quarter (January to September) of 2018, Alberta’s total FCR was $10.2 billion, down 5.6 per cent from the first nine months of 2017, though ranked first among the provinces. The decrease was not unique to Alberta.
- The decline in FCR was due to lower crop market receipts and program payments to producers, which more than offset the marginal increase in livestock market receipts.
- Livestock market receipts were $4.9 billion, up 2.1 per cent (second highest on record), which was mainly due to increased marketings, particularly for cattle.
- Crop market receipts were down 10.8 per cent to $4.9 billion, because of lower receipts for canola and wheat.
- Program payments to producers fell 20.9 per cent, to $449.6 million, because of lower payments under Crop Insurance, Private Hail Insurance and AgriRecovery.
Farm Income – 2017 Calendar Year
- The Statistics Canada release also included revisions to the annual farm income estimates for 2017, as well as intercensal revisions back to 2010. For Alberta, these revisions were fairly minor.
- Setting records for calendar year 2017 were farm cash receipts, net cash income and realized net income.
| For a complete copy of this update, please download the attached pdf. |
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