outlook

Manufacturing sales to slightly decline, margins improve this year, according to FCC Food & Beverage Report

Manufacturing sales to slightly decline, margins improve this year, according to FCC Food & Beverage Report

Apr 19, 2024 | 1:57pm
A change in consumer spending habits, lower commodity prices, and inflation all factor into Farm Credit Canada’s outlook for Food & Beverage manufacturers.  In their annual Food & Beverage Report, FCC is forecasting a slight drop of 1.4 percent in manufacturing sales this year to $162.6-million. Desmond Sobool, Director of Economics and Deputy Chief Economist […]
New farm equipment sales expected to be slow in 2024: FCC Report

New farm equipment sales expected to be slow in 2024: FCC Report

Dec 5, 2023 | 9:06pm
Farm Credit Canada is projecting new farm equipment sales in 2024 to slow down, based on a variety of factors. In FCC’s Canadian Farm Equipment Market Outlook, the conclusion is based on high interest rates, increased equipment prices, a decline in commodity prices, drought in Western Canada, and tighter revenues in the livestock sectors. A […]