Producers can adapt to the new economic reality

To The Haldimand Press 

Canada’s agriculture industry is in a good position to weather inflationary pressures and higher interest rates, according to Farm Credit Canada’s (FCC) chief economist.

  “We are in a unique position where record farm revenues are helping to offset the impact of a sharp increase in input costs and rising interest rates,” J.P. Gervais said. “The key for producers is to pay close attention to projected income and expenses to avoid any cash flow challenges that could put pressure on operations.”