Back to News

2022 Grains, oilseeds, and pulses outlook update: Volatile quarter for inputs and grain prices

Reference: FCC

This is the second of three quarterly updates to our 2022 Outlook for major crops published in January. Over the next three weeks, we’ll update the Outlooks for dairy and cattle and hogs.

Prices for Canada’s 22-23 crops have improved relative to our last outlook. With markets focused on accessing Ukrainian and Russian grains, boosted prices for 22-23 marketing year (MY) crops will offset challenging planting conditions in Canada and the U.S. Most commodities for 22-23 have lower year-over-year (YoY) prices, but they’re still well above their 5-year averages and are projected to remain there over the coming months... Read More