BURLINGTON, ON – National allocation for A-165 was set at -2.0% below the adjusted base at the Chicken Farmers of Canada (CFC) meeting on June 16th, 2020.
The COVID-19 pandemic and subsequent economic shutdown have brought about temporary but significant changes to consumption patterns. The demand for chicken has been dynamic and fast changing, as businesses and consumers have adapted and responded to the unfolding emergency measures.
After an initial surge following the implementation of emergency measures in March 2020, the demand for chicken weakened. Consumer demand now appears to have rebounded to a great extent, albeit at different rates for different product types and consumer channels.
In making its recommendation to CFC, CFO has examined supply and demand factors to assess market needs for A-165 through quantitative analyses as well as consultations with industry partners and experts. CFO’s recommendation was framed on a public policy of “balanced best interest” upon weighing the various factors, perspectives and dynamics resulting from the pandemic.
Source : CFO