PigTrace tag price going up

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

Hog producers will have to pay more for traceability in the near future.

Canada’s PigTrace program will be raising ear tag prices as of Aug. 1.

Prices will go up 20 cents for every small ear tag and 35 cents for every large ear tag, a release from the Manitoba Pork Council said.

The Manitoba Pork Council is urging producers to buy into the program, despite the increased cost. Both the provincial and national pork councils cite PigTrace is Canada’s effort to prepare for African swine fever and limit impact if the deadly disease is found in Canada.

The program will be critical for zoning, both the Manitoba council and Canadian Pork Council say.

Canada has renewed or updated zoning understandings with both the U.S. and European Union in recent months as fear of African swine fever grows.

The virus has yet to spread to North America, although Reuters recently reported outbreaks in China may have claimed up to half that country’s hogs, flying in the face of the much lower official estimates.

“With increased foreign animal disease risk putting traceability at the centre of preparedness and zoning activities, PigTrace is more important than ever,” the Manitoba Pork Council said.

“These price increases are a necessary step towards maintaining the long-term financial sustainability of the program due to increasing operational costs.”

The jump will not apply for any order made and paid for by July 31, the council said.

— Reporting for the Manitoba Co-operator by Alexis Stockford.

By Commodity News Service Canada Winnipeg, August 7 – The Canadian dollar was lower on Thursday amid a strong increase in building permits, analysts say. At 8:50 CDT Thursday morning, the loonie was down 0.13 of a cent to US$0.9150 or US$1 = C$1.0926 after charging ahead almost four-tenth of a cent on Wednesday in the wake of a much better than expected trade surplus in June. Statistics Canada reported on Thursday that Canadian building permits worth C$8 billion were issued during June, up 13.5 per cent from May. Most of the increase was in the non-residential sector. Traders are now looking ahead to Canadian employment data for July, scheduled to be released on Friday. Economists are generally expecting that 25,000 jobs were created during the month of July. Overseas, the European Central Bank said that it is leaving benchmark interest rate unchanged at a record low of 0.15 per cent. This decision was widely expected, in part because the European Central Bank has little room to cut with rates so close to zero. There are still ongoing tensions between Russia and Ukraine. Traders worry about Russia getting more involved in the Ukraine government’s fight against pro-Russian rebels. At 8:50 CDT Thursday morning, the TSX was up 30.09 points to 15,232.18.

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