Canada: Currency strength will reduce pork competitiveness

05-01-2011 | |

The Canadian Pork Council’s president, Jurgen Preugsc, stated that pork producers will need to adjust to the currently strong Canadian dollar.

According to the president, the strength of Canadian dollar will reduce the competitiveness of Canadian pork.
He added that in Canada hog prices have improved and that the prices will continue to be steady in this manner, however, excessively high feed prices is foreseen for this year along with feed shortages.