Summary: The global pork industry is showing signs of recovery as it approaches the second quarter of 2024, with several key factors influencing its path to improved profitability. After months of decline, sow herd numbers are stabilizing, suggesting a...
R&D Tax Credits: Easing the Cost of Innovation for Pork Producers
This article was previously published by SwineTech
As the pork industry nears the end of 2024’s first fiscal quarter, producers around the country are examining the finances of their facilities....
The March USDA Hogs and Pigs report, as analyzed by Rabobank, reveals a positive outlook for the pork industry, marked by several key trends:
Breeding Herd and Productivity: While there were modest declines in the breeding herd (-2.1% YOY),...
Pork/Hogs: The December Hogs and Pigs report showed 1 percent more market hogs than a year ago and just 2 percent fewer breeding animals. Adjusting quarterly pork production forecasts to information in the report resulted in a 2024 production...
The pork industry is experiencing a notable resurgence characterized by a series of favorable trends and market dynamics. Amidst these shifts, both domestic and international factors are playing pivotal roles in shaping the industry's trajectory.
In recent times, wean-to-finish operations,...
The average value of Canadian farmland continued its steady climb in 2023, increasing by 11.5 per cent, slightly less than the 12.8 per cent increase reported in 2022, according to the latest FCC Farmland Values Report.
“Farmland prices have continued...
Rabobank forecasts market trends and economic conditions driving agriculture in Q1 2024
Rabobank’s RaboResearch Food & Agribusiness (F&A) team in North America announced today the publication of the North American Agribusiness Review, a report which includes an analysis and summary...
Production will slow in 2024 as the sow herd contracts in the main production regions. This trend is expected to result in a decline or flat production throughout 2024, with disease pressures adding to the industry's challenges. Despite production...
Agricultural forecasts for 2024 predict increased expenses for everything from machinery and equipment to taxes and insurance. But if everyone is facing the same rising prices, why aren’t all farmers in the same economic position?
The differences come in operational...
As we start the new year amid elevated inflation and major headwinds facing the economy, Farm Credit Canada’s (FCC) Economics team presents the top economic charts to monitor in 2024 to help make sense of the economic environment for...