Less pigs

Canadian hog industry continues decline.

Jurgen Preugshas, president of the Canadian Pork Council, says massive attrition continues throughout the industry as producers realize they can’t afford to continue.

He says the futures have improved since fall, but they’re still not at break-even levels for most producers.

The CPC is anticipating annual production in Canada will drop by 5 to 6 million animals – from around 31 million to 25.5 – in the next four years.

Meanwhile, Canadian consumption of American pork is on the rise.

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