Chicken quota allocation up on demand optimism

Chicken Farmers of Canada (CFC) is planning to raise quota allocations in July on optimism for dining demand as the economy starts a “transition towards normalcy” out of the COVID-19 pandemic.

Chicken Farmers of Ontario on March 24 reported an expected national allocation increase of 1.75 per cent above its adjusted base for period A-170 (July 1 to 31) following the CFC’s meeting that day.

By then, CFO said, “it is expected that COVID-19 case counts will be contained, restrictions will ease in most places, and that the economy will be transitioning towards normalcy.” An anticipated increase in out-of-home food consumption “should strengthen the demand for chicken.”

That optimism, however, is “tempered somewhat by the looming threat of viral mutations, growing cases with variants of concern, and the uncertainty on the pace of vaccinations,” CFO added.

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