Economic Impact of Agriculture Industry Trends
Join us for a special presentation with Eric Olson, who will cover a broad range of inputs and factors that impact businesses provincially and nationally.
Eric Olson
*CFA Society Winnipeg has determined that this program qualifies for one (1) CE credit hour under the guidelines of the CFA Institute Continuing Education Program. If you are a CFA Institute member, CE credit for your participation in this program will be automatically recorded in your CE tracking tool.
Event Description:
With an estimated total impact on Manitoba’s GDP of 12% and circa 5 billion in total farm cash receipts, the broad effect of agriculture and commodities on Manitoba businesses cannot be exaggerated. In 2011, agri-food processing was the largest manufacturing sector with 3.6 billion in sales representing 23.2% of total manufacturing output. According to an estimate by The Government of Manitoba, 1 in 10 jobs depends on direct and indirect spin-offs from agriculture.
Eric Olson will use his detailed industry knowledge to relate the tangible influence that commodity prices and agri-production may have on your bottom line. Whether your business, clients, or customers are directly impacted by agri-business; we are all impacted through the knock-on effect that industry trends and cycles have on the broader economy. Eric will discuss such topics as production trends and business environment consequences, the likely outcome of a weaker Canadian Dollar, as well as trends in employment and plant & equipment investment.
Speaker Bio:
Eric Olson, BSAg, PAg, is a Farm Management Consultant working out of MNP's Winnipeg office.
With more than 25 years working in the agricultural industry, Eric uses his extensive understanding of local and international market conditions to help roducers strategically develop their operations. His services include assisting with strategic planning - helping clients indentify and take action toward long-term goals - as well as engaging in business planning to set goals for the next one to three years.
In 1989, Eric earned a Bachelor of Science in Agriculture from the University of Manitoba. That same year he was designated a Professional Agrologist.