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Outlook for swine sector cautiously optimistic

Outlook for swine sector cautiously optimistic
mysteinbach.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mysteinbach.ca Daily Mail and Mail on Sunday newspapers.

Craig Klemmer , Farm Credit Canada , Canada Principal Economist Craig Klemmer , கிரேக் க்ளெம்மேர் , பண்ணை கடன் கனடா ,

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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Ritchie Bros. conducts 71 farm auctions in 30 days, generating CA$104 million


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Learn more at Ritchie Bros. Canadian Agriculture Industry Panel on May 10 at 11 a.m. Pacific
SASKATOON, SK, May 5, 2021 /PRNewswire/ - Every spring, Ritchie Bros. holds dozens of farm retirement dispersals across Western Canada. Traditionally the company would drive from farm to farm as a travelling auction company, but in Spring 2021 all bidding is conducted online via Timed Auction or with an auctioneer, and it s paying off for consignors.
We registered more than 160,000 bidders and attracted more than 1.6 million online equipment views for our spring 2021 agricultural events, said Jordan Clarke, Sales Director, Ritchie Bros. As a result, equipment pricing in March and April was very strong in Canada, with buyers pushing hard on almost every asset category. ....

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