A new report from Farm Credit Canada says farmers in this country are well positioned to capture growth in the export food market.
FCC’s chief agricultural economist, J.P. Gervais, says diversity, technology and innovation are key to maintaining Canada’s competitive position in supplying food to the world.
Gervais says through innovation and technological advances, Canadian farmers produced as much food in 2006 as in 1961 using half the inputs.
Gervais says Canada was the world’s largest exporter of wheat, canola, lentils and canary seed in 2015.
Only France shipped more cattle in 2015.
Gervais says the U.S. is Canada’s single largest agriculture export market, taking in 35 per-cent of the farm exports worth over 10 billion dollars.
He says Canada was the world’s fifth largest agriculture exporter in 2015, behind the U.S., China, the Netherlands and Brazil.