Canada: Livestock and Products Annual
In 2016, the cattle sector is expected to show the first signs of a long awaited expansion phase, as Post anticipates increased inventories by the end of the year. Cattle exports and slaughter will continue to decline. Beef production is likely to reach its lowest level in 20 years. Hog inventories remain stable. Pig exports will be supported by the reduced slaughter capacity in Ontario, while increased domestic consumption will compensate for a moderate decline in pork exports.