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: Inside the National Swine Health Strategy - Dr. Dustin Oedekoven

In this episode of The Swine it Podcast Show, Dr. Dustin Oedekoven, Chief Veterinarian at the National Pork Board, explains the producer-led National Swine Health Strategy and why it is essential for improving U.S. swine health. He discussed industry collaboration, the strategy's initial priorities, why PEDV is the first focus for elimination, research initiatives, and the long-term vision for healthier herds. Listen now on all major platforms.

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Meet the guest: Dr. Dustin Oedekoven / dusty-oedekoven-bb0bb7110 is Chief Veterinarian at the National Pork Board, where he leads initiatives to strengthen U.S. swine health through disease prevention, producer collaboration, and the National Swine Health Strategy. With more than 20 years of experience in veterinary public health and regulatory animal health, his work focuses on protecting the U.S. herd from endemic and foreign animal diseases. Listen to Dr. Dustin Oedekoven on The Swine it Podcast Show, available on all major platforms.