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Genesus Global Market Report Canada December 2022

Canadian producers, like much of the world currently are dealing with high feed prices. This is impacting profitability despite high retail pork prices. There seems to be little to no actual expansion of the sow herd due to expensive building costs and a pork market that isn’t very ecstatic. 2023 should see high pork prices again and feed costs will hopefully come down some so producers can be profitable. 2022 saw Canadian crop production rebound from a poor 2021. Wheat exports were 15Mt in 2021 and 26Mt this year – a 73% increase. This influx of wheat in Canada and to the world is positive news in an increasingly volatile market.

We are seeing globally (mostly just in Western countries) an effort by political leaders to bring down agricultural emissions. This effort by them will be far impacting. We have seen Dutch farmers protesting the country's plan to halve the country’s livestock, New Zealand plans to tax agricultural emissions by 2025, Irish farmers are expected to cut emissions by 25% before 2030, Denmark wants the agricultural sector to cut emissions by 65%, etc. This will put people out of work. It will also make food more expensive for everyone, if there’s less to eat then prices will go up. In Canada, we also have a government that is seemingly against the agricultural industry. Earlier this year it was reported that Canada wants to cut fertilizer emissions by 30% by 2030. Amongst a tremendous amount of backlash, the government has stated that it wouldn’t be a ban but more of an objective. Knowing the Trudeau Liberals if they see other countries taxing/cutting emissions drastically in the agricultural sector they will want to jump right on board and join the party. They are already doing it. The Trudeau Liberals are going to triple the already existing carbon tax which it’s estimated will cost a 5,000-acre farm $150,000 a year in carbon taxes. That sounds like great economics and sustainability for our agricultural sector.

In an ever-growing world population, it seems nonsensical to reduce output in parts of the world that produce a tremendous amount of food for the entire world. Quite frankly it’s heinous to be proposing such drastic measures when in 2022 world hunger has gone up, not down. It is little surprise to hear such insane plans from leaders and governments worldwide who fly around on private jets to climate summits where they discuss and decide how the average farmer is bad. They are obviously against us. Our own really special Prime Minister of Canada Justin Trudeau is getting the taxpayer to foot the bill for his annual $55,000 household grocery bill. We truly live in such a special country when our Prime Minister can spend more than the average Canadian makes in a year just on his household groceries. He really seems to love food; I don’t know why he’s so against the Canadian agriculture industry then.

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Trending Video

Secure Pork Supply Plan | Prepare to Protect Your Herd | U.S. Pork Producers

Video: Secure Pork Supply Plan | Prepare to Protect Your Herd | U.S. Pork Producers

Join Jill Brokaw, a third-generation pig farmer and staff member of the National Pork Board, as she dives into the vital role of the Secure Pork Supply (SPS) Plan in preparing the U.S. pork industry for potential foreign animal disease outbreaks. This video is an essential watch for pork producers who are looking to safeguard their operations against the threats of diseases like foot and mouth disease, classical swine fever, and African swine fever.

•Why Should Pork Producers Care?

An outbreak of foreign animal diseases in the U.S. could lead to severe restrictions and potentially result in industry-wide financial losses estimated between $15 to $100 billion. The SPS Plan is a collective effort to prevent such catastrophic outcomes by enhancing biosecurity, ensuring animal traceability, and promoting effective disease monitoring.

What You'll Learn:

The Importance of Preparedness: Understand why being proactive is crucial for maintaining business continuity during an outbreak.

•Enhanced Biosecurity Measures:

Write a site-specific biosecurity plan that can serve as the first line of defense against potential outbreaks.

•Animal Disease Traceability:

Learn about the significance of tracking animal movement and how acquiring a premises identification number (PIN) and using AgView can facilitate this process. Disease Monitoring: Find out how continuous observation and reporting can keep your herd healthy and disease-free.

•Getting Started with SPS:

The video breaks down the seemingly daunting task of preparing for a foreign animal disease outbreak into manageable steps. With free resources available at www.securepork.org, including templates and instructions, Jill guides producers on developing a customized plan to enhance their farm's defenses.

•Expert Insights:

Hear from Dr. Pam Zaabel on collaborating with your herd veterinarian to develop and implement your SPS plan effectively.

•Takeaway:

The Secure Pork Supply initiative is more than a plan; it's a commitment to the resilience of our food supply and the livelihoods within the pork industry. By embracing these proactive measures, we can collectively enhance our preparedness for foreign animal disease outbreaks.