A new report from Farm Credit Canada says there is still room to expand and diversify for the top four farm exports from Canada.
FCC chief agricultural economist J.P. Gervais says there will be some challenges to diversify beyond the traditional markets but there are opportunities.
He says Canadian wheat and pulse crops are already sold widely around the world, but there are still areas where sales could increase.
Gervais points out Canada has been successful in finding alternate markets for canola in Europe following China’s decision to stop imports of Canadian canola.
He hopes it can continue.
He adds Europe could be a good market to diversify and expand sales of pulse crops, which have been hit by high tariffs in the key market of India.
The report was released at Agribition in Regina.
