Industry Snapshot: Canadian pork production continues to meet demand
Toronto – January 7, 2022 – According to the latest report from Kevin Grier Marketing Analysis and Consulting, Canadian pork producers are maintaining steady production levels, processing upwards of 480,000 hogs per week by the end of 2021.
Strong domestic demand continues to drive up prices, and with the United States, European Union, and China seeing lower pork production, expect prices to increase into 2022.
Processing facilities from Quebec to Alberta have been well above the 2015-2019 average, and are more in line with 2020 production levels, nearing 460,000 hogs per week for this time of year. And according to the report, Canadian pork producers are currently operating at a profit of $24 per head.
UFCW Canada members in the pork processing industry have been heroic in supplying local communities with the food essentials that help us thrive. To learn more about delicious UFCW-made food, visit our Great Canadian Food Products page.