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

Not always sunshine & lollipops working with cattle!

Video: Not always sunshine & lollipops working with cattle!

Doing vaccinations when life happens. It is not always rosy working with cattle or any livestock. Including people and dogs, ha aha. But in the end, it all came together, even after pushing the 5 cattle that got out due to me not having the head gate closed properly... twice! Finn worked pretty good bringing them up, Munch would not stay out as you could hear. He is a bit too young and wants to be with his people all the time.