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: Trade Uncertainty and Pork Growth - Cam Dahl

In this episode of The Swine it Podcast Show Canada, Cam Dahl, General Manager of Manitoba Pork Council, discusses how trade uncertainty affects growth across Canadian pork production. He explains why CUSMA, market diversification, non-tariff barriers, access to capital, labor needs, and producer advocacy all matter as the industry plans for investment, exports, and long-term competitiveness. Listen now on all major platforms!

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Meet the guest: Cam Dahl / cam-dahl-58115832 is the General Manager of Manitoba Pork Council. He has extensive leadership experience across Canadian agriculture, including Cereals Canada, the Canada Grains Council, Manitoba Beef Producers, and the Canadian Grain Commission. His work focuses on policy, advocacy, trade, business development, and strengthening market opportunities for Canadian producers. Learn more from Cam Dahl on The Swine it Podcast Show Canada, available on all major platforms.