Maple Leaf Foods reports 13% growth in Q3
Reassessing plant protein investment
8 November 2021
5 minute read
By: 
"While our overall focus to create long-term value for all stakeholders remains unchanged, and investments to date have been well calculated, well executed and have delivered underlying value, we have always been prepared to re-examine that investment thesis if circumstances change," said Michael H. McCain, President and CEO of Maple Leaf Foods. "Given current category performance, such a review is underway which will either affirm or adjust our strategies and investment thesis going forward."
Factors that could have an impact on the business, which cannot be estimated or controlled due to the COVID-19 pandemic, include:
- Volatility in the pork and poultry commodity and foreign exchange markets
- Inflationary cost pressures
- Disruptions in the global supply chain
- Availability of labour
- The balance between retail and foodservice demand
- Potential future production disruptions or shutdowns
- The duration of government measures, including social distancing
Melanie Epp
Melanie Epp is a freelance agricultural journalist from Ontario, Canada.
