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FCC raises its 2024 Canadian dairy margin estimates because lower-than-expected feed costs, favourable weather and strong US production improved producer economics. Eleven incentive days were granted in eastern Canada this year amid strong domestic dairy demand.
Lower feed costs and strong demand support dairy producer margins and herd economics, with cheaper feed ingredients benefiting feed buyers.
fcc-fac.caOct 9, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
