Global economy

Uncertainty in global red meat markets and high feed prices offsets strengthening beef demand from China and elsewhere.

This update looks at key highlights from the 2022 FCC Beverage Report.

Higher interest rates are starting to take a stranglehold on the economy.

An update on how strength of demand and inflation influenced Canadian agriculture and food trade in 2021.

China’s hog herd rebuild, Canada’s pork export shift, high feed costs and red meat inflation create a mixed outlook for 2022 red meat sectors.

The 2022 FCC Food Report illustrates food manufacturing’s resilience and growth in 2021.

Inflation has proven persistent and interest rates are expected to increase into 2022 as the economy makes progress recovering from COVID-19’s impact.

Watch a recording of the 2022 FCC Ag Economic Outlook that reviews the major drivers and trends to look for in the year ahead.

The Bank of Canada increased its policy rate amid a robust economy and high inflation. The Russian invasion of Ukraine has increased uncertainty of global growth and increased inflation expectations.

Higher interest rates and demand shifts can have a material impact on a businesses’ bottom line.