A positive horticulture outlook picks up in second half of 2019
FCC Ag Economics is doing a mid-year check-in on our January 2019 Outlooks. Throughout July and August we’ve been updating our expectations about profitability across seven Canadian ag sectors (dairy, broilers, red meat, food processing, horticulture, agribusiness and grains, oilseeds and pulses). We’ll describe what’s happened in 2019 to date, and what you should monitor in the next six months.
Our January forecasts for blueberries, cranberries and maple syrup margins are tracking well. Higher labour costs and burdensome supplies will continue to challenge the blueberry and cranberry sectors, but sector responses to those challenges could brighten the remainder of the 2019 outlook. Maple production in 2019 should boost producers’ profits.
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