# 2023 Grains, oilseeds and pulses outlook update: Profitability pressures due to a perfect storm of events | FCC

> FCC's third and final 2023 quarterly outlook says Canadian crop margins will tighten in 2023-24 as commodity prices fall, drought cuts yields and input costs rise. New-crop prices remain above five-year averages but most are expected to fall year over year. Only feed barley, durum and spring wheat are expected to improve.

- Date: 2023-10-11 · published 2023-10-11T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/33622-2023-grains-oilseeds-and-pulses-outlook-update-profitability-pressures-due-to-a
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Drought-reduced Canadian output supports prices, while lower commodity prices and higher costs weigh on producer margins. The net effect is mixed for feed grain buyers.

## Read by commodity

- BARLEY: neutral

## Sources

- fcc-fac.ca: https://www.fcc-fac.ca/en/knowledge/economics/2023-grains-oilseeds-pulses-outlook-update-october

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.