The piglet crop in 2022 is forecast lower than 2021 given PEDv and processing issues. Concerns about global supplies and access to feed and fertilizer, coupled with the ongoing impacts from the 2021 drought, could see precarious feed conditions persist for some time.
Exports of live hogs are revised upwards as a result of ongoing processing disruptions in Eastern Canada. Olymel is proceeding with cessation of the slaughter line at their Princeville facility which will displace an estimated 702,000 head per year. Additionally, Olymel will reportedly be ceasing the second slaughter shift at their Yamachiche plant in April 2022, as the company focuses on increasing their value added output by re-purposing workers to fabrication shifts. Ultimately, this leads to Olymel purchasing 1.2 million fewer hogs per year. In the interim, this will impact Ontario and Quebec producers. Early reports suggest that some hogs will end up in Manitoba and others in Ontario and Quebec plants. however, producers will be looking to the United States for exports and depending on the market, reductions in production could ultimately occur.
PigUA.info by materials pig333.com