Genesus Global Market Report Canada January 2024

Jan 22, 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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Video: Reducing Nursery Feed Costs Without Losing Performance - Dr. Julian Arroyave

In this episode of The Swine Nutrition Blackbelt Podcast, Dr. Julian Arroyave, a research swine nutritionist at Carthage Innovative Swine Solutions, discusses nursery feed budget strategies designed to reduce costs without compromising pig performance. He explains trials comparing high, medium, and low phase 1 and phase 2 feed budgets, including commercial validation data showing improved income over feed cost when lower-budget programs were applied under healthy herd conditions. Listen now on all major platforms!

Click here to read the full research article: https://academic.oup.com/tas/article/...

"Results showed that the low-budget program increased income over feed cost by $1.48 per pig."

Meet the guest: Dr. Julian Arroyave / julian-arroyave-jaramillo-638740129 is a research swine nutritionist at Carthage Innovative Swine Solutions, with experience in nursery nutrition, diet formulation, and commercial research trials. He completed his PhD at Kansas State University and previously worked as a nutrition supervisor at Kekén in Mexico. His work focuses on nutritional strategies that improve production efficiency while controlling feed costs. Learn more from Dr. Julian Arroyave Jaramillo on The Swine Nutrition Blackbelt Podcast, available on all major platforms.