Farm Credit Canada are discussing three disruptors identified by Bloomberg for farmers and food producers in 2020.
FCC Chief Agricultural Economist J.P. Gervais says disruptors are defined by anything that could change the way farmers operate on a daily basis, either for the better or worse.
Something that remains to be a continued challenge for farmers all over the world is climate change, and Gervais says the best thing to do while facing another tough season ahead, is to know where you stand.
Gervais spoke to all three, including a trend that’s grown in recent years to address long-term challenges.
Gervais says 2019 had its ups and downs with the market and left farmers on edge. This year there may be some stability and perhaps some optimism.
And while there still may be choppy waters ahead on the trade front, Gervais says there’s cause for optimism as all eyes are on a forthcoming China and USA deal, which should raise North American prices for products.
