Hog market outlook mixed but generally positive says FCC : v

Hog market outlook mixed but generally positive says FCC


Hog market outlook mixed but generally positive says FCC
Corwyn Friesen, mySteinbach
Posted on 05/25/2021 at 9:14 am
Farm Credit Canada (FCC) suggests the economic outlook for Canada’s hog sector looks positive amid the reopening of the Canadian economy. FCC just released 2021 Cattle and Hog Outlook Update suggests a mixed outlook.
FCC Principal Economist Craig Klemmer observes the hog sector is seeing strong demand domestically and in the export market but we’re also seeing some higher input costs which are creating some uncertainty and pressure in the market place.
I think things are looking pretty positive. We’re seeing a more opportunistic outlook. We’re seeing really strong demand for pork domestically and in the export market.

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