. Agri-news. Agriculture. 2 March 9,1992 Hog prices post steady improvement with Canadian dollar drop A lower Canadian dollar improved both hog prices through February and the spring price outlook says an Alberta Agriculture market analyst. "Like cattle prices, Alberta slaughter hog prices in February benefitted from two unrelated trends—a decrease in the exchange rate and an increase in cash markets," says Ron Gietz. Alberta Index 100 hog prices posted steady improvements and reached the $1,20/kg level by mid-February. Gietz is predicting the monthly average Alberta
. Agri-news. Agriculture. 2 March 9,1992 Hog prices post steady improvement with Canadian dollar drop A lower Canadian dollar improved both hog prices through February and the spring price outlook says an Alberta Agriculture market analyst. "Like cattle prices, Alberta slaughter hog prices in February benefitted from two unrelated trends—a decrease in the exchange rate and an increase in cash markets," says Ron Gietz. Alberta Index 100 hog prices posted steady improvements and reached the $1,20/kg level by mid-February. Gietz is predicting the monthly average Alberta producer payment price for Index 100 hogs will dip to $ through March, but rise to $ in April and $ in May. These prices are still less than for the same time last year," he notes. In 1991 the monthly average price was $ in March, $ in April and $ in May. In other market news, both slaughter and live hcg exports to the are up nationally. "This increase is somewhat surprising considering the higher countervailing duties on live hog exports that went into effect in 1991," Gietz says. In Western Canada, live exports did drop sharply in the fourth quarter, but in Ontario the pace of live exports increased. Gietz says live exports to the do have the potential to increase whenever the latest administrative review of the countervailing duty is announced by the Commerce Department. "Since this review will result in lower duties, American authorities are likely to delay its release," he adds. Contact: Ron Gietz 427-5376 Weaker Canadian dollar improves early '92 cattle market Both fed and feeder cattle prices strengthened in February on the back of a weaker Canadian dollar says an Alberta Agriculture market analyst. "Last fall, trends in both the market and exchange rates worked to the disadvantage of Alberta cattle feeders," says Ron Gietz. "This winter, both the market and the dol
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Keywords: ., bookcentury1900, bookco, bookleafnumber86, booksubjectagriculture
