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Farm Credit Canada recently released its 2023 market outlook for the beef and hog sector

FCC's chief economist JP Gervais says it's an interesting time in the ag markets right now.

He points out that a key factor overall right now is the high-interest rates, something he doesn't expect to see change anytime soon. 

Gervais says commodity prices have come down lately and there's a lot of uncertainty going forward as to what the crops are going to look like in the prairies and around the world.

"You know, you look south of the border and some of the challenges that they have with winter wheat right now. That has been giving a little bit of life in the wheat market."

Overall for grains and oilseeds, it's a matter of weaker commodity prices than what we had in recent years, while in the livestock sector, there are a couple of different things happening.

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Season 6, Episode 7: Takeaways from the Second International Conference on Pig Livability

Video: Season 6, Episode 7: Takeaways from the Second International Conference on Pig Livability

This year’s conference fostered open, engaging conversations around current research in the swine industry, bringing together hundreds of attendees from 31 states and six countries. Two leaders who helped organize the event joined today’s episode: Dr. Joel DeRouchey, professor and swine extension specialist in the Department of Animal Sciences and Industry at Kansas State University, and Dr. Edison Magalhaes, assistant professor in the Department of Animal Sciences at Iowa State University. They share key takeaways from the conference, including the importance of integrating data when evaluating whole-herd livability, building a culture of care among employees and adopting new technologies. Above all, the discussion reinforces that this industry remains, at its core, a people business.