Livestock Risk Partners

“Don’t get sleepy in your risk management, if you have opportunity to cover a profit, take it!”———–Jim Mintert, Purdue University
Providing quality LRP, PRF & LGM Insurance Coverage!

Hog Sector Struggles Amid Ag Industry Growth

In our January forecasts, we expected farm cash receipts (FCR) to continue growing in 2023, although at a more moderate pace than in 2022. While specific sectors’ FCR have varied since January, our June projections for total Canadian FCR are unchanged. We forecast the 2023 FCR to grow by 4.5%, helping offset some high input costs.