News - Hog Prices

An agricultural economist with the University of Manitoba predicts the demand for corn for ethanol will mean a smaller North American swine herd even after feed grain availability returns to normal.

A University of Manitoba Agricultural economist predicts improved profitability within Manitoba’s swine industry once the sell-off of breeding sows has been completed.

The Manager of industry and policy analysis with Sask Pork says, despite the current downturn in profitability, western Canada remains one of the lowest cost regions of the world to raise hogs.

Keystone Agricultural Producers is calling for immediate intervention by the federal and provincial governments to address what’s being described as the worst crisis in the pork industry in Canadian history.

The general manager of H@Ms Marketing Services predicts increasing downward pressure on live hog prices moving into the third and fourth quarters as hog supplies increase and demand for pork slips.

A livestock economist with the Saskatchewan Ministry of Agriculture expects demand for pork, particularly on the export market, to be the main factor influencing live hog prices in Canada this summer.

h@ms Marketing Services blames near record inventories of pork for lower than anticipated live hog prices this spring.

An agricultural economist with the University of Missouri warns the prospects of lower feed costs could trigger an expansion of the U.S. sow herd that would aggravate the current over-supply of pork.

The Manager of Industry and Policy Analysis with the Saskatchewan Pork Development Board blames increased U.S. pork production and a decline in the value pork for lower live hog prices this spring.

The general manager of Sask Pork is confident a program being developed to address market volatility will allow pork producers to make more effective use of hedging to lock in future hog prices.