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Top 4 Canadian agri-food exports to watch for the rest of 2023

Overall global trade is expected to flounder throughout 2023 amidst weaker global economic growth, troublesome inflation and geopolitical turmoil, according to the United Nations Conference on Trade and Development (UNCTAD). It’s also changing shape, the UN’s latest report notes, with “friend-shoring” (the prioritization of trade partners with similar political values) and less diversity of trade partners characterizing trade patterns since late 2022.

Production of many agri-food products is expected to increase in 2023 year-over-year (YoY), but some of the same forces could constrain their global trade.

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Think Bigger, Invest Smarter | On The Brink: Season 3, Episode 6

Video: Think Bigger, Invest Smarter | On The Brink: Season 3, Episode 6

How much skin do independent seed companies have in the game? About $1.7 billion in infrastructure across SeCan’s membership, says General Manager Jeff Reid.

That investment helps get improved varieties into Canadian farmers’ hands. But how can smaller businesses invest more in the breeding behind those varieties without the individual financial resources of the big multinational players?

Jeff’s answer is to invest smarter, together. He joins On The Brink to explain how farmers and independent seed companies can combine resources, build on Canada’s existing breeding programs and support a trusted system for testing and registering new varieties. The goal is better choices for farmers, backed by data they can trust.