Commentary on Exchange Rate Impacts on Hog/Pork Competitiveness
By Kevin Grier, Senior Market Analyst, George Morris Centre - The purpose of this paper, prepared for the Canadian Pork Council, is to explain the economic
reasons behind the increase in hog and pork exports from Canada to the United States during the
third quarter of 2003. This comparatively large increase in hog exports has caused concern
among US producers regarding the impact on US markets and prices. For their part, Canadian
producers are also concerned about the reasons behind the increase and the repercussions for the
Canadian market.