By Reuters News Service, February 17, 2017 

WINNIPEG, Manitoba, Feb 17 (Reuters) – Canadian farmers’ incomes will decline 7 percent in 2017, falling for the second year in a row but remaining at above-average levels, the country’s agriculture department predicted on Friday.

A drop in North American cattle and calf prices from record highs in 2015 is the main reason for the two-year dip, Agriculture and Agri-Food Canada (AAFC) said in a statement. Crop revenues, however, are expected to rise due to a big harvest.

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