The average net income per dairy farms in Canada amounted to approximately 246,264 Canadian dollars in 2022. This figure has fluctuated in recent years, with figures dipping to around 145,000 Canadian dollars in 2018 before increasing again.
What is net income?
According to U.S. agricultural policy, net farm income is the sum of money or value of goods which farm owners receive after all production expenditures have been paid. Net income can include monetary gains from farm production, as well as income from renting farm dwellings and the value of goods consumed on the farm.
Figures have been rounded. Adapted from Statistics Canada, statcan.gc.ca, 2013 to 2022. This does not constitute an endorsement by Statistics Canada of this product.
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StatCan. (March 28, 2024). Average net operating income of per dairy farms in Canada from 2013 to 2022 (in 1,000 Canadian dollars)* [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/468327/average-net-operating-income-of-dairy-farms-in-canada/
StatCan. "Average net operating income of per dairy farms in Canada from 2013 to 2022 (in 1,000 Canadian dollars)*." Chart. March 28, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/468327/average-net-operating-income-of-dairy-farms-in-canada/
StatCan. (2024). Average net operating income of per dairy farms in Canada from 2013 to 2022 (in 1,000 Canadian dollars)*. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/468327/average-net-operating-income-of-dairy-farms-in-canada/
StatCan. "Average Net Operating Income of per Dairy Farms in Canada from 2013 to 2022 (in 1,000 Canadian Dollars)*." Statista, Statista Inc., 28 Mar 2024, https://www.statista.com/statistics/468327/average-net-operating-income-of-dairy-farms-in-canada/
StatCan, Average net operating income of per dairy farms in Canada from 2013 to 2022 (in 1,000 Canadian dollars)* Statista, https://www.statista.com/statistics/468327/average-net-operating-income-of-dairy-farms-in-canada/ (last visited December 22, 2024)
Average net operating income of per dairy farms in Canada from 2013 to 2022 (in 1,000 Canadian dollars)* [Graph], StatCan, March 28, 2024. [Online]. Available: https://www.statista.com/statistics/468327/average-net-operating-income-of-dairy-farms-in-canada/