Canada's pig herd expands for the fourth consecutive year
Canadian pork production had a 2% increase year-over-year in 2017 and reached 1.96 million tons, according to the US Department of Agriculture (USDA). AHDB analyst Bethan Wilkins says that further growth is expected in production, according to latest figures in short term young pig numbers went up by 7%, while the increase in piglets was 3%.
The number of breeding pigs also increased 1% on year earlier levels to 1.27 million head. "As such, more modest production growth might be expected in the second half of the year. Reflecting uncertainty surrounding the outcome of the current NAFTA negotiations, the pace of industry growth might now be expected to slow from here," says Wilkins.
Furthermore, Wilkins added that if the pork production continues to grow in the US and Canada as it is forecasted, demand on domestic and export markets will need to be strong in order for the industry to keep being profitable.
In 2017, Canadian pork exports were stable on the year at 960,000 tonnes as growth to Japan, the Philippines and Taiwan compensated for lower shipments to China and the US.
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