Agriculture Roundup for Thursday January 14, 2021
MELFORT, Sask. – Farm Credit Canada’s (FCC) team of economists said the COVID-19 pandemic was the single biggest shock to the Canadian agriculture and food industry in 2020.
FCC chief agricultural economist J.P. Gervais said its impact will have some lasting effects.
Gervais added the upheaval will continue to test global supply chains and disrupt trade patterns around the world.
As much as the pandemic caused supply chain disruptions, Gervais said it also created an opportunity for Canada to further establish itself as one of the world’s most trusted and reliable suppliers of food and agriculture commodities.