Statistics Canada says realized net farm income fell 3.6 per cent last year to $7.0 billion.

This following three consecutive annual increases.

Farm cash receipts, which include crop and livestock revenues as well as program payments, grew 2.3% to $62.0 billion in 2017, following a 1.0% rise the previous year. This was the seventh consecutive annual increase.

Total net income was down $314 million in 2017 to $8.2 billion.

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