Canadian ag value chain: Economic drivers to watch in 2017
Duration: 20 Mins
Podcast Highlights
- A lower CAD means better crop prices but also increases the input costs
- Price of energy directly relates to input costs on the farm like fertilizer and diesel
- Unless a major weather occurs, commodity prices should be down slightly
- Borrowing costs were at a record low for Canada in 2016 – can’t see going lower
- Food manufacturing a shining star in manufacturing space in Canada