Ag Economist Topics
Strong demand for beef is supporting cutout values above the historical 5-years average and supporting strong prices for cattle producers.
Canadian crop receipts are projected to remain relatively unchanged in 2017, mostly driven by strong production and solid foreign demand.
Canadian livestock receipts are projected to rebound in 2017, mostly driven by stronger production.
Canadian farm debt reached a record-high $96 billion in 2016, but Canadian agriculture remains financially healthy.
China’s ability to feed itself is in question, as consumers’ food demand increases and arable land declines.
The 2016 Census of Agriculture shows a healthy, varied ag sector with larger farms and more young and female farmers.
The number of Canadian farms continues to shrink. But two forces are at work to slow that rate of decline.
Canadian farmland values continue to increase but at lower rates, what does the long-term horizon look like for farmland values?
Canadian farmland values trended upward in 2016, driven by strong crop receipts and low interest rates. For more, see the 2016 FCC Farmland Values Report.
The 2017 outlook for dairy producers is promising due to production growth and improved milk pricing.