It seems like that is kind of baked into the cake now, so to speak, and although production in the Ukraine is going to be off substantially globally, we'll hopefully get back to better growing conditions in the U.S. and South America will continue to increase their supplies.
We are seeing some softening in feed grain costs.It's still historically very high, but it's not as high as it was a year ago so that's positive.The war has had quite an influence and, like I said, after a period of time the market gets used to what's happening so that's what it is.
Possberg acknowledges food inflation has a real challenge, especially for low-income families.He says hopefully the food supply generally and the pork supply specifically will be enough that it won't cause significant shortages and hopefully the inflation in food will soften somewhat.
Source : Farmscape.ca