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Genesus Global Market Report Canada January 2024

After a disastrous 2023 financially, Canadian producers are looking for a better 2024. The USDA projects that Canada’s pork production will decline a further -1.2% in 2024 and Farm Credit Canada anticipates producers are going to face tight margins until at least the summer. In the last couple of weeks financial projections for 2024 have changed rather dramatically (see charts below). These charts are projections for producers in Ontario for 2024. The first chart came out on January 3, 2024, and the second chart came out on January 10, 2024. As you can see for the calendar year 12 month average the projection went from a loss of $16.23 to $1.48 loss in the span of one week of projections. That dramatic change is positive news for a wounded industry and will hopefully continue in the direction where most of the 2024 calendar year will be profitable.

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Season 6, Episode 4: Technology in the Swine Industry

Video: Season 6, Episode 4: Technology in the Swine Industry

New equipment alone won’t solve every challenge in swine production. The real value comes when technologies and systems work together to improve efficiency. In this episode, three guests share their perspectives on how to make technology work smarter, not harder, and what producers should consider when making future decisions.First, Erin Brenneman and Jeremy Robertson of Brenneman Pork discuss the complexities of integrating different technologies, opportunities for overlapping data, and how success ultimately comes down to three essentials: air, water, and feed. You can also watch their full presentation from this year’s Iowa Swine Day