Farms.com Home   News

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.

Click here to see more...

Trending Video

Consumer Trust in Pork - Clinton Monchuk

Video: Consumer Trust in Pork - Clinton Monchuk

In this episode of The Swine it Podcast Show, Clinton Monchuk, Executive Director of Farm and Food Care Saskatchewan and Canadian Food Focus, discusses how Canadian consumers view pork production today. The conversation explores trust in the food system, urbanization, and why transparency matters more than ever for farmers. Clinton shares practical ways producers can use digital tools and clear communication to better connect with consumers beyond the farm gate. Listen now on all major platforms.