Cattle and hog
Uncertainty in global red meat markets and high feed prices offsets strengthening beef demand from China and elsewhere.
On Canada Day we’re celebrating Canadian agriculture and agri-food by highlighting some facts about the sector’s contribution to our economy.
High feed prices cloud the 2022 outlook for the livestock sector.
China’s hog herd rebuild, Canada’s pork export shift, high feed costs and red meat inflation create a mixed outlook for 2022 red meat sectors.
China’s hog herd rebuild, feed costs and stabilizing demand for red meat create a mixed outlook for Canada’s red meat sectors in 2022.
Canada’s hog and cattle producers will benefit from strong demand for red meat as high feed costs continue to hamper profitability.
Inflation, supply chains and pandemic outbreaks dominated the headlines in a year that was supposed to be a break from the chaos of 2020. Here’s what’s in store for 2022.
A divide in expected profitability between east and west will mark the next quarter for Canadian red meat sectors as higher than expected prices won’t be enough to ward off the damage wrought by poor temperature and moisture conditions in the west.
Growing global demand for feed, the re-appearance of ASF, expected drought across North and South America and an economic awakening impact this month’s outlook for Canadian hog and cattle producers.
After the rollercoaster the sector experienced in the first part of the year, anticipate a rebound in cattle and hog prices for the end of 2020 and early 2021.