Pork imports surge

 

The United States has reported a 12 per cent increase in pork exports to Canada for the first half of this year.

The total was 65,306 tonnes valued at $258.5 million US, ($362.15 million Cdn) which was 10 per cent more than the same period last year.

American agricultural economists said the Canadian market is important to avoid a backup of hog inventories.

Swineweb reports they said the cross-border volume growth is exerting a direct, positive influence on independent producer balance sheets, adding substantial per-head value to every market hog sold. 

It said as the livestock complex transitions toward late-summer marketing blocks, maintaining this steady export flow will remain vital to protecting producer operating margins from speculative downward swings.