Canadian chicken production is running four per cent higher
than a year ago and imports are down by 16.7 per cent, reports the Chicken
Farmers of Canada national marketing agency.
Inventories, which are almost all frozen chicken, increased
by 9.5 million kilograms to 43.1. Ontario’s storage stocks increased by 43.4
per cent.
One of the surprises is a surge in production in Quebec in
July, up by 5.4 per cent from last year: Ontario’s increase was 3.4 per cent,
British Columbia’s 7.3 per cent.
Under a new formula for sharing production increases,
Ontario is supposed to be getting more than other provinces.
Producer prices are running almost five cents a kilogram
less this year than last in Ontario.
Under the pricing formula dictated by the
Ontario Farm Products Marketing Commission, prices are reduced as production
volumes increase.
It also ordered a major adjustment to the feed cost component
to reflect improved feed conversion rates.
