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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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Why Rotational Grazing Is Important For The Farm - Manitoulin Part 3

Video: Why Rotational Grazing Is Important For The Farm - Manitoulin Part 3

Presented by Birgit Martin of Pure Island Beef, Anita O'Brien, Grazing Mentor, and Christine O'Reilly, Forage & Grazing Specialist with the Ontario Ministry of Agriculture, Food and Rural Affairs. Watch each video from this event to learn about grazing tips, water systems, setting up fencing, working with net fencing, electric fencing tips, grass growth and managing grazing.

Birgit Martin provides an overview of her operation, Pure Island Beef, and why rotational grazing is so important for the farm.

The Manitoulin Island Pasture Walk in 2023 was delivered as part of the Farm Resilience Mentorship (FaRM) Program's Advanced Grazing Systems.