A U.S. based agricultural economist warns the price consumers pay in the grocery store for pork will need to rise for pork producers to maintain profitability.
The first Progress Report of the Growing Forward initiative in Manitoba demonstrates how this program is supporting agriculture producers as they work toward a more innovative, competitive and profitable future.
The director of research and development and quality affairs with Nutraco says, in an effort to restore profitability and reduce the environmental impact of their operations, pork producers are placing a much greater emphasis on feed efficiency.
A U.S. based agricultural economist projects production costs, particularly feed costs, will be the biggest factor affecting profitability in the North American hog industry this winter.
Maple Leaf Foods is confident a Comprehensive Value Creation Plan approved by the company’s board of directors last week will boost profit margins by 75 percent over the next five years.
The Saskatchewan Ministry of Agriculture reports tight live hog supplies and strong demand for pork have helped return most of the province’s pork producers to profitability.
