Economics

 Industry Partners


Prairie Swine Centre is an affiliate of the University of Saskatchewan


Prairie Swine Centre is grateful for the assistance of the George Morris Centre in developing the economics portion of Pork Insight.

Financial support for the Enterprise Model Project and Pork Insight has been provided by:



Author(s): K. Sullivan
Publication Date: March 27, 2014
Reference: London Swine Conference, 2014
Country: Canada

Summary:

While the domestic market is important, Canada’s pork industry relies heavily on exporting its products. Canada exports 2/3 of its pork, and is the 3rd largest pork exporter in the world. Global pork consumption is expected to increase, so opening additional markets and increasing sales in the current buying markets are priorities. However, other countries are also highly competitive in securing trade agreements, so Canada should focus on gaining trade advantages and catering to market access requirements. Five trade priorities should be finalizing CETA to export duty-free pork to the EU, finalizing a free trade agreement with South Korea, negotiating trade deals with Japan to maintain competitiveness, resolving COOL issues with the US, and managing trade restrictions with feed additives like ractopamine.

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