Canada Agribusiness Q2 2018
Canada and the United States are in the midst of a number of regulatory and trade disputes relating to the agriculturalsector and the ongoing renegotiation of NAFTA is likely to address these concerns. Overall, the outlook for the Canadianagribusiness market remains stable. Canadian poultry and livestock production outlook is positive as Canadian meat consumptionand exports remain elevated. The dairy sector will post stable growth prospects, while the sugar industry remains under pressurefrom low prices and competes with global production from Brazil and Asia. Canadian sugar consumption will remain suppressed as anumber of high-profile public awareness projects look to limit sugar consumption growth on the grounds of health and well-being. Corn growth will be steady in the 2017/18 season, but wheat forecasts have been downgraded owing to dryness in thePrairies region of the country.
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