Canada: Livestock and Products Semi-annual
Post continues to forecast marginal growth in the cattle sector for 2017. Cattle slaughter is forecast to increase, while total cattle export growth is expected to be flat. Beef exports are expected to increase two percent to 450,000 MT, strongly supported by the depreciated Canadian dollar. The hog sector continues on its path of moderate growth and hog exports are expected to increase. Pork production continues to hover around record volume, and pork exports are expected to settle slightly from the record level reached in 2016.