Canadian beef and pork production will contract in 2022

Published 2021년 9월 16일

Tridge summary

The USDA's 'Canada: Livestock and Products Annual' report for 2021 predicts a contraction in Canada's cattle and pig industries in 2022. The drought this year is expected to lead to fewer calves, resulting in a shrinking herd and a 1% decrease in beef production. Pork production is also projected to drop by 2%, despite a modest increase in slaughter, due to lower carcass weights. The United States is expected to continue being the primary importer of both beef and pork from Canada. However, exports of live pigs are expected to decline due to a recent labor dispute resolution, while pork exports are expected to remain stable despite disruptions in processing capacity.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Canadian cattle and pigs will experience a contraction from 2022. This is highlighted by the report published by the USDA 'Canada: Livestock and Products Annual'. The full report can be found at this link to the USDA website. The impact of this year's drought will result in fewer Canadian calves in 2022, so your herd will shrink again in 2022. Additionally, it is anticipated that beef production will decrease by 1%, as carcass weights will be less in 2022. Regarding pigs, although slaughter will increase modestly in 2022, pork production will decrease by 2% due to lower carcass weights. As with beef, the United States will continue to be its main importer. Exports of live pigs will decline in 2022, as Canada has recently resolved the labor dispute in the east of the country, in which there were more than four months processing ...

Source: Cdecomunicacion