Commodity marketing

Total farm cash receipts are forecast to increase in 2022, with sectorial growth for crops, cattle and dairy but a small decline for hog.

Canada’s broiler sector’s revenues continue to climb in response to sharply rising feed costs, increased production and a slow return to pre-pandemic consumption trends.

Canada’s hog and cattle producers will benefit from strong demand for red meat as high feed costs continue to hamper profitability.

From our November 2021 dairy outlook, sluggish demand and high feed prices continue to hamper profitability.

In our 2021 grains, oilseeds and pulses outlook update, sustained global demand and stock pressures will underpin Canadian profitability. It may not be enough for Western producers post drought.

In the latest broiler outlook update, demand for chicken products is rebounding as the entire supply chain deals with elevated prices.

Our 2021 farm cash receipts forecasts outline a positive outlook for Canadian agriculture revenues but with sector-specific downside risks.

A divide in expected profitability between east and west will mark the next quarter for Canadian red meat sectors as higher than expected prices won’t be enough to ward off the damage wrought by poor temperature and moisture conditions in the west.

From our August 2021 dairy outlook, sluggish demand growth and high feed prices hampers profitability.

Here’s how this summer’s severe drought drastically reducing yield forecasts will potentially impact profitability over the next quarter.