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

Tick & Horn Fly Pressure in Cattle: What Producers Need to Know

Video: Tick & Horn Fly Pressure in Cattle: What Producers Need to Know

Tick and horn fly pressure can significantly impact cattle health, weight gain, and overall herd performance. In this video, Jonathan Cammack, Oklahoma State University Extension livestock entomologist, explains how ticks and horn flies affect cattle, what producers should watch for during the grazing season, and practical management strategies to help reduce pest pressure.