From our May 2021 Dairy Outlook, dairy producers can expect increased revenues but growth in feed prices is reducing profitability.
From our 2021 Dairy Outlook, producers can expect improved profitability with economic recovery but increased production costs are a wild card.
Our updated dairy outlook for 2020 indicates the dairy industry is recovering from the COVID-19 shock, but the future is still uncertain.
In the first half of 2020, the dairy producer’s profitability was hampered by COVID-19 - and a rebound will depend on economic recovery.
Profitability of dairy producers is expected to climb in 2020 as domestic demand for dairy products remains robust.
FCC Economics July/August 2019 Outlook series shows strengthening demand and prices for SNF will help shape Canadian dairy profits throughout the year as higher interest expenses and feed costs bite into margins.