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.