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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 7, Episode 2: From Data to Decisions in Swine Production

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Data can provide a clear picture of trends and performance across a swine farm, but its greatest value comes from putting those insights into action. In this episode, Dr. Edison Magalhães, assistant professor in the department of animal science at Iowa State University, discusses how producers can leverage data to make informed decisions that improve herd performance from birth to market. He highlights the challenges of siloed data across different teams, the impact those gaps can have on performance and the importance of integrating data to gain a more complete picture of herd health and productivity. He also explains the PROSPER (Predictors of Swine Performance) tool, which combines data from multiple sources to help producers better understand herd performance.