Agrimart: Canada's farm commodity outlook good but not great

Jan 31, 2023

Canadian farmers should expect another good year for commodity prices, but not as good as the year just past.

Farm Credit Canada senior economist J.P. Gervais came to that conclusion in his annual farm outlook report.

“While 2022 brought its fair share of challenges for Canadian agriculture, one bright spot has been the healthy trend in farm cash receipts. We estimate they reached a record high of $94.5 billion in 2022, an increase of 14.1 per cent over 2021,” he said.

“Looking forward, we expect farm cash receipts to continue growing in 2023, although at a more moderate pace of 4.6 per cent. Robust farm cash receipts would be a positive development in 2023 to offset input costs that are anticipated to stay elevated throughout the year.’’

Breaking down cash receipts by region, Saskatchewan will have a 7.6 per cent increase to $29.24 billon — the highest of any region.

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Video: Exploring Precision Data in Swine Production - Dr. Janice Siegford

In this episode of The Swine it Podcast Show, Dr. Janice Siegford from Michigan State University discusses how precision livestock farming data can support pig health, welfare, transparency, and decision making. She explains why data ownership, privacy, consumer perception, and cost sharing must be addressed as technology becomes more common on farms. Listen now on all major platforms.

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Meet the guest: Dr. Janice Siegford / janice-siegford-24318839 is a Professor and Associate Chair in the Department of Animal Science at Michigan State University. Her expertise in animal welfare, neuroscience, and zoology supports research on pig behavior, stress resilience, and precision livestock farming. Her work explores early weaning, genetics, and stakeholder perspectives on technology adoption to improve pig care, health, and productivity. Learn more from Dr. Janice Siegford on The Swine it Podcast Show, available on all major platforms.