Tuesday, November 12, 2024

Less beef bolsters pork outlook


 

Because there will be less beef this year and next, the outlook for increased pork demand is good, market analyst Kevin Grier told the Saskatchewan Pork Industry Symposium in Saskatoon.


Grier said InterPIG always ranks Canada as among the lowest cost producers in the world, a little bit higher cost than Brazil or the United States, but always right there among the most competitive in terms of producer production costs. 


“We may not be a low-cost producer at the packer level but we compete in other ways, through increased quality specifications, service, that sort of thing so from the farm to the packer we are competitive industry and that’s how we compete, on costs but also on service and quality,” he said.


About 70 per cent of Canada’s pork is exported.