Outlooks

In this recorded event, the FCC Economics team recaps 2022 and presents their forecasts of the economic and financial variables that matter most in 2023 for farm operations, food processors and agribusinesses.

Canadian grain, oilseed and pulse producers’ revenues will continue to climb in the 2023-24 crop year, but input prices will again pressure margins.

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

The FCC 2023 dairy outlook suggests production and price increases will lift dairy revenues in 2023, but the sector faces headwinds that will challenge profitability.

How South American trade is showing itself to be an impressive competitor with growing influence on world markets and prices.

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

Get the FCC Economic team’s take on the big topics of conversation in agri-food.

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.

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