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.
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Wyatt Mohr | LRP Agent
319-576-1807 | wmohr@livestockriskpartners.com