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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Canadian food and beverage sector prepared for economic recovery
Corwyn Friesen, mySteinbach
Posted on 04/30/2021 at 9:55 am
Farm Credit Canada reports the Canadian food and beverage sector has positioned itself to take full advantage of marketing opportunities being created as the global economy begins to recover from the effects of COVID-19.
The FCC Food and Beverage Report 2021 examines opportunities within Canada’s food and beverage sector amid challenges created by the global pandemic.
Farm Credit Canada Principal Economist Craig Klemmer says, while 2020 was a roller coaster year with the pandemic disrupting supply chains and export markets and prompting the closure of food service, the sector has done a really good job of adjusting.