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Canada: hog inventories decline for second consecutive year

The decline of Canadian hog inventories marks the second consecutive year-over-year (January to January) decrease. Demand from Japan helped keep exports up despite ban from China.

Total hog inventories, January 1, 2019, and 2020
Total hog inventories, January 1, 2019, and 2020
5 March 2020
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Canadian hog producers reported 13.9 million hogs on January 1, 2020, down 0.6% from January 1, 2019. This was the second consecutive year-over-year decrease. However, the hog inventory remained 11.3% above the level from a decade earlier.

Quebec had the largest hog inventories among the provinces on January 1, accounting for close to one-third of the Canadian total. Quebec, Ontario and Manitoba together represented over 80% of total Canadian hog inventories.

As of January 1, 7,650 farms reported hogs in Canada, down 0.6% from the same date a year earlier. These farms reported 1.2 million sows and gilts, down 0.7%.

Canada exported 5.1 million hogs in 2019, down 2.8% from 2018 and down 49.0% from the 2007 export peak.

Hog slaughter increased in Canada in the last six months of 2019, up 2.4% from the same period in 2018 to 11.0 million head, coinciding with an increase in the July-to-December average price of Canadian slaughter hogs in 2019. Strong pork demand from several countries, mainly Japan, offset any negative effects from the suspension of exports to China (late June - early November) and may have contributed to the price increase of slaughter hogs and the greater number of hogs slaughtered in Canada.

The July-to-December 2019 pig crop was 14.2 million head, up 1.2% from the same period in 2018.

February 25, 2020/ Statistics Canada/ Canada.
https://www150.statcan.gc.ca/

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