Food and beverage sales peak over $80 billion in first half of 2023, Farm Credit Canada says

Sep 21, 2023

The first half of 2023 was kind for Canadian food manufacturers.

That’s according to Farm Credit Canada’s (FCC) mid-year update on its Food and Beverage Report which compiled data collected by Statistics Canada.

Sales from the start of January to the end of June totaled around $73.2 billion which is up 8.4 per cent from last year. Beverages brought in around $7.4 billion, bringing the total to over $80 billion.

“Considering the large increase in nominal sales, we see 2023 sales for the food and beverage sector at $164 billion,” read the report.

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Video: Reducing Nursery Feed Costs Without Losing Performance - Dr. Julian Arroyave

In this episode of The Swine Nutrition Blackbelt Podcast, Dr. Julian Arroyave, a research swine nutritionist at Carthage Innovative Swine Solutions, discusses nursery feed budget strategies designed to reduce costs without compromising pig performance. He explains trials comparing high, medium, and low phase 1 and phase 2 feed budgets, including commercial validation data showing improved income over feed cost when lower-budget programs were applied under healthy herd conditions. Listen now on all major platforms!

Click here to read the full research article: https://academic.oup.com/tas/article/...

"Results showed that the low-budget program increased income over feed cost by $1.48 per pig."

Meet the guest: Dr. Julian Arroyave / julian-arroyave-jaramillo-638740129 is a research swine nutritionist at Carthage Innovative Swine Solutions, with experience in nursery nutrition, diet formulation, and commercial research trials. He completed his PhD at Kansas State University and previously worked as a nutrition supervisor at Kekén in Mexico. His work focuses on nutritional strategies that improve production efficiency while controlling feed costs. Learn more from Dr. Julian Arroyave Jaramillo on The Swine Nutrition Blackbelt Podcast, available on all major platforms.