Farm Credit Canada – Forecast for Improved Food and Beverage Processing

REGINA – BUSINESS – The outlook for food and beverage processors remains positive amid economic conditions that have shifted from the start of the year, according to the Food and Beverage Report mid-year update from Farm Credit Canada (FCC).
Year-over-year sales growth is expected to slow in the second half of the year to six per cent from 12 per cent in the first half, finishing the year at nine per cent.
“We expect slower growth in the second half of the year as inflatio