GFM Network News


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U.S. livestock: Cattle futures extend rally; hog contracts weaken

Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose to their highest in more than seven weeks on Tuesday, with traders noting follow-through buying after the market rallied on Monday. Concerns about supplies and strength in the cash market underpinned cattle futures. CME December live cattle futures settled up 1.925 cents at 131.45 per […] Read more

A group of wild boars running in Europe, where the pigs have caused challenges with disease spread. (iStock/Getty Images)

Ontario moves to phase out wild boar farming

Province, feds fund swine fever defense plans

Hoping to improve its odds against African swine fever ever getting a toehold in Canada’s hog herds, Ontario plans to regulate Eurasian wild boar as an invasive species starting in the new year. To that end, the province is making funding available to farmers who actively breed and raise wild boar to “shift to other […] Read more


Photo: Thinkstock

U.S. livestock: CME cattle futures rise on support from fewer cattle placements

Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose on Monday, as the market continued to be bolstered by a government report showing fewer cattle placements than expected, traders said. The USDA’s monthly cattle on feed report, released after the market close on Friday, showed September cattle placements at 97% year-over-year, beneath trade estimates […] Read more



Rejean Nadeau. (Photo courtesy Olymel)

Olymel CEO dies of ‘sudden’ cancer

Rejean Nadeau died Thursday at 71

The CEO of Canadian pork and poultry packer Olymel has died of a “sudden and virulent cancer” at age 71, his company reported Friday morning. Rejean Nadeau, the CEO of Sollio Co-operative’s meatpacking and processing arm since 1996, died Thursday at his home at Rougemont, Que., about 25 km south of St-Hyacinthe, Olymel said in […] Read more

(Dave Bedard photo)

U.S. considers faster hog slaughter paces based on staffing

Faster speeds seen as increasing injuries

Chicago | Reuters — The Biden administration is considering a proposal that could allow some pork plants to slaughter pigs more quickly if they boost staffing, a union official said, after a U.S. court struck down a Trump-era rule that removed line speed limits. The proposal put forward by Quality Pork Processors, operator of a […] Read more


File photo of signage outside Maple Leaf Foods’ Lagimodiere Boulevard plant in Winnipeg. (Dave Bedard photo)

Expansions boost Maple Leaf plant’s bacon offerings

Pre-cooked bacon capability sets up Winnipeg plant as 'bacon centre of excellence'

The Winnipeg pork further-processing plant previously earmarked as Maple Leaf Foods’ “ham centre of excellence” now gets the same billing for bacon. The major Toronto meat processor announced Tuesday it had completed a $182 million, 73,000-square foot expansion at its Lagimodiere Boulevard prepared meats plant, to “significantly” increase its bacon production capacity. The expansion, Maple […] Read more



File photo of hogs on a farm in the Dominican Republic. (RD-SunPhotography/iStock/Getty Images)

U.S. puts up funds to prevent African swine fever

Haiti, Dominican Republic now 'countries of concern' on CFIA list

Chicago | Reuters — The U.S. Department of Agriculture on Wednesday pledged up to US$500 million to prevent the spread of the fatal pig virus African swine fever, after Haiti and the Dominican Republic recently confirmed outbreaks. A U.S. outbreak would likely slash U.S. pork exports and pig prices, hurting farmers and meat companies such […] Read more

(Olymel video screengrab via YouTube)

Olymel to close former F. Menard bacon plant

Pork further-processing plant at Henryville to shut in November

Meat packer Olymel plans to shut a pork further-processing plant it operates in Quebec’s Monteregie by mid-November and pick up the work at its other sites. Olymel, the meats arm of Sollio Co-operative, said Wednesday it will permanently close the bacon plant at Henryville, about 60 km southeast of Montreal, effective Nov. 12. The closure […] Read more