From our 2021 Dairy Outlook, producers can expect improved profitability with economic recovery but increased production costs are a wild card.
Why the strength of global demand for grains, oilseeds, and pulses will be the critical driver of profitability in the second half of 2020.
Our updated dairy outlook for 2020 indicates the dairy industry is recovering from the COVID-19 shock, but the future is still uncertain.
In the first half of 2020, the dairy producer’s profitability was hampered by COVID-19 - and a rebound will depend on economic recovery.
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?
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.
Profitability in the red meat sector is expected to be positive in 2020 as global demand remains robust.
Despite all the uncertainty in crop markets across North America and beyond, Canadian grains, oilseeds and pulse producers may still see positive profits in 2019.
FCC Economics July 2019 Outlook series shows that geopolitical and weather uncertainty cloud Canada’s food processing sector outlook.