Farm Credit Canada sees both opportunities and challenges for the regional agriculture sector in the year ahead ...
A shining global economy and continued investment in the food processing sector are some of the trends to watch for in 2018
That's according to Craig Klemmer, Principal Agricultural Economist at FCC in their 2018 trend watch report.
He says opportunities include continued investment in the food processing sector.
Klemmer adds trade negotiations are ongoing and creating some uncertainty and is something they'll continue to monitor this year.
He talks about market conditions moving forward.
It terms of fossil fuels, Klemmer notes there still good production around the world.
Overall, Klemmer expects that the Canadian agriculture sector will continue to adapt to ever changing economic climate going forward, adding a farmer's best defense is a strong balance sheet.