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Follow on Google News | Market Report, "Canada Agribusiness Report Q1 2011", publishedNew Food and Beverage research report from Business Monitor International is now available from Fast Market Research
Wheat production growth to 2014/15: 2% to 25mn tonnes. This will mainly be due to greater export competition from new global players, particularly Russia, as well as some farmers switching to soybean production due to its hardier nature. Sugar consumption growth to 2015: -5% to 1.4mn tonnes. This will largely come from government efforts to lower sugar consumption on the back of rising obesity concerns. Poultry production growth to 2014/15: 11% to 1.34mn tonnes. This will come from consumption increases due to the perceived healthier nature of poultry, along with greater export opportunities, which have been rising in recent years. Canada will likely remain a net poultry importer over the medium term, with a quota system currently in place to manage those imports. 2010 Real GDP Growth: 3.1% (up from -2.6% in 2009; predicted to average 2.8% from 2010 until 2015). Industry Developments In an effort to help the struggling beef sector, the Canadian government announced a raft of initiatives. Among these, it established a CAD3mn fund to support the beef industry. The investment, which follows the Government of British Columbia (BC)'s CAD2mn investment that will fund projects recommended by BC's Ranching Task Force, will aid the sector through developing new marketing opportunities to help farmers and food processors increase their revenues. Another initiative is the joint Abattoir Competitiveness Program, which will provide CAD25mn to help Canadian cattle slaughterhouses maintain critical capacity for two and a half year old calves. In 2010/11, we are forecasting pork production to fall slightly again to 1.83mn tonnes. One factor for this is a generally favourable outlook for the Canadian economy has put pressure on the Canadian central bank to lift interest rates, which should strengthen the Canadian dollar. This could lead to exports being less competitive. This is especially concerning since most of Canada's exports go to the United States, which is experiencing a weakened dollar on the back of the Federal Reserve Bank's decision to inject further liquidity into the market in early November. Between 1999 and 2003, an estimated 61% of total immigrants came from Asia. By 2017, it is expected that 22% of Canadians will have been born outside the country. By 2031, immigrants from South Asia, including India, Pakistan and Bangladesh, will become the country's largest visible minority group in Canada at 28%. These groups will continue to introduce new trends to Canadian cuisine and up to now consumers have shown a preference for many of the ethnic foods that these groups have brought. This will lead the country to have strong rice consumption growth over the medium term. For more information or to purchase this report, go to: - http://www.fastmr.com/ Partial Table of Contents: Executive Summary SWOT Analysis - Canada Agriculture SWOT - Canada Political SWOT - Canada Economic SWOT Industry Forecast Scenario - Canada Sugar Outlook - Table: Canada - Sugar Production, Consumption & Trade - Table: Canada - Sugar Production, Consumption & Trade - Canada Livestock Outlook - Table: Canada - Poultry Production, Consumption & Trade - Table: Canada - Pork Production, Consumption & Trade - Table: Canada - Beef & Veal Production, Consumption & Trade - Table: Canada - Poultry Production, Consumption & Trade - Table: Canada - Pork Production, Consumption & Trade - Table: Canada - Beef & Veal Production, Consumption & Trade - Canada Dairy Outlook - Table: Canada - Milk Production & Consumption - Table: Canada - Butter Production, Consumption & Trade - Table: Canada - Cheese Production, Consumption & Trade - Table: Canada - Milk Production & Consumption - Table: Canada - Butter Production, Consumption & Trade - Table: Canada - Cheese Production, Consumption & Trade - Canada Soybean Outlook - Table: Canada - Soybean Production, Consumption & Trade - Table: Canada - Soybean Production, Consumption & Trade - Canada Grains Outlook - Table: Canada - Wheat Production, Consumption & Trade - Table: Canada - Corn Production, Consumption & Trade - Table: Canada - Barley Production, Consumption & Trade - Table: Canada - Wheat Production, Consumption & Trade - Table: Canada - Corn Production, Consumption & Trade - Table: Canada - Barley Production, Consumption & Trade - Canada Rice Outlook - Table: Canada - Rice Consumption & Trade - Table: Canada - Rice Consumption & Trade Competitive Landscape - Table: Agricultural Commodity Producers & Traders - Table: Agribusiness Suppliers - Table: Integrated Agricultural Producers Commodity Price Analysis - Monthly Softs Update - Cocoa - Table: Cocoa - Coffee - Table: Coffee - Milk - Table: Milk - Sugar - Table: Sugar - Grains Update - Corn - Table: Corn - Rice - Table: Rice - Soybean - Table: Soybean - Wheat - Table: Wheat Downstream Supply Chain Analysis - Industry Forecast Scenario - Consumer Outlook - Food - Full Table of Contents is available at: -- http://www.fastmr.com/ About Business Monitor International Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at http://www.fastmr.com/ About Fast Market Research Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156. # # # Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. End
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