TOPIC
Dairy
High feed prices cloud the 2022 outlook for the livestock sector.
The 2022 dairy outlook update shows climbing production costs while dairy consumption remains strong despite rising retail prices.
The FCC 2022 dairy outlook suggests higher producer prices, uncertain production growth and slower inflation in production costs.
From our November 2021 dairy outlook, sluggish demand and high feed prices continue to hamper profitability.
https://www.fcc-fac.ca/en/knowledge/economics/2021-dairy-outlook-update-crop-conditions-imports.html
From our August 2021 dairy outlook, sluggish demand growth and high feed prices hampers profitability.
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.