The first 6 months of 2020 brought significant challenges for the Canadian red meat sector. What does this mean for the rest of the year?
Strength in biofuel production implies strength in the demand for grains and oilseeds.
Canadian canola crush margins are projected to trend upward with strong demand for canola oil and meal and lower prices for canola seeds.
Canadian canola prices remain resilient despite a large expected stocks-to-use ratio in 2019-20.
Canadian food manufacturing is a resilient, export-oriented and diverse industry. Census data shows about 240,000 jobs in food manufacturing, generating about 103 billion dollars in sales in 2018.
Profitability in the Canadian hog sector is projected to trend up slowly in 2020 amid continued trade tensions.
How shifting demographics and health considerations are broadening our palate for proteins and higher quality and why it matters for Canadian agriculture.
Canadian cranberry, blueberry and maple syrup production will benefit from favourable growing conditions and sustained demand for the rest of 2019.
Profitability of dairy producers is expected to climb in 2020 as domestic demand for dairy products remains robust.
Retail prices expected to weaken leading to stronger demand of meat proteins.