Market analysis

Farm equipment sales in 2023 will be supported by a recovery in supply chains and robust commodity prices.

Farmland values grew an average rate of 8.1% for the first half of 2022. Farm income, inflationary pressures and higher interest rates are factors to monitor going forward.

Prices remain high for cattle and hogs, but feed costs and global demand destruction limit the outlook for Canada’s red meat sectors.

The FCC Q3 2022 dairy outlook update shows production costs levelling off and demand, while still strong, is getting tested by inflation and declining financial security.

There’s no end in sight to the roiling ag commodity markets, as poor harvests, war and hurricane Ian batter fertilizer markets amid uncertain demand.

Total farm cash receipts are forecast to increase in 2022, with large growth for crops but moderate growth for livestock and livestock products.

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

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

War in Ukraine brings volatility in agricultural markets and increases uncertainty in the health of the world economy.

Countries around the globe are implementing export restrictions to reign in domestic food price inflation. This is upending trade, creating supply gaps and causing prices to rise further.