FCC outlines market factors for farmers to watch for in 2020

Farm Credit Canada has outlined several market factors for farmers to watch in 2020.

Chief agricultural economist J.P. Gervais said the market is driven by large global supplies, trade tensions and slowing economic growth.

However he said weather is always a factor and demand remains very strong for Canadian farm products.

The latest FCC forecast says most grain prices will be stable or slightly higher in 2020 compared to 2019.

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