TOPIC
Market analysis
War in Ukraine brings volatility in agricultural markets and increases uncertainty in the health of the world economy.
2021 Canadian farmland values grew an average annual rate of 8.3% due to strong demand, elevated commodity prices, low interest rates and tight land supply.
An overview of the relationship between land values across Canada and farmland rental rates in 2021.
Grain, oilseed and pulses expected to stay profitable as crop and input price rise while low moisture in the prairies important to watch.
High feed prices cloud the 2022 outlook for the livestock sector.
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 dairy outlook update shows climbing production costs while dairy consumption remains strong despite rising retail prices.
Total farm cash receipts are forecast to increase in 2022, with sectorial growth for crops, cattle and dairy but a small decline for hog.
The 2022 FCC Food Report illustrates food manufacturing’s resilience and growth in 2021.
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.