Farm Credit Canada has released a list of key trends for Saskatchewan farmers to watch this year to remain profitable.
Craig Klemmer, principal agriculture economist with FCC, says rising interest rates and tighter commodity prices need to be watched closely in 2018.
“It’s about making some good key investments,” Klemmer said. “It’s about good decisions and protecting that balance sheet so there is flexibility to adjust to the market. Not only in 2018, but beyond as well.”
Klemmer says trends for farmers to watch include consumer demand, food processing, energy prices, and the global economy.