Three “disruptors,” are anticipated in 2020 that Farm Credit Canada is discussing. They were identified by Bloomberg, and are defined as trends which could change the way Canadian farms operate.
FCC chief agricultural economist J.P. Gervais spoke to all three, including a trend that’s grown in recent years to address long-term challenges.
Gervais says climate change is another ongoing concern for farmers and it’s important to understand and be comfortable with a risk management plan that’s in place.
The trade markets were vulnerable a year ago with tense trade deal discussions and to an extent will be a disruptor again this year, but Gervais says all eyes are on a forthcoming China and USA deal, which should raise North American prices for products.
