GFM Network News

More News →

Hogs

(JBSFoodCanada.ca)
Beef Cattle, Hogs, Livestock, Reuters

JBS profit bolstered by weak currency, strong Chinese and U.S. markets

China became third largest beef export market for JBS Canada, company says

By
Sao Paulo | Reuters — Meat processor JBS SA’s fourth-quarter profit rose 65 per cent from a year earlier, boosted by strong food sales in China and the U.S. and a sharp devaluation of Brazil’s real currency, the company said in a securities filing on Wednesday. For full-year 2020 its profit was 4.6 billion reais, […] Read more
Photo: ARS/USDA
Hogs, Livestock, Markets

Hog market recovering from pandemic lows

China again a major driver of hog values

By
MarketsFarm — In April 2020, during the early days of the COVID-19 pandemic, prices for lean hog futures dropped to their lowest point since 2002, falling below US$40 per hundredweight. Nearly a year later, the industry is in the middle of a speedy recovery. At the Chicago Mercantile Exchange (CME) on Thursday, lean hog futures […] Read more
CME June 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs follow broader commodities markets lower

"We were a little top heavy coming in"

By
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures posted steep losses in most contracts on Thursday as a broad-based commodities market selloff, led by sinking crude oil and a firmer U.S. dollar, weighed on prices. Fundamental factors for both cattle and hogs remained solid amid strong beef and pork exports and good […] Read more
CME June 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs up on tightening hog supplies, strong pork demand

CME live cattle futures mixed

By
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly higher on Tuesday on lofty pork prices, tightening hog supplies and hopes for improved meat demand as economies begin to fully re-open after coronavirus pandemic shutdowns. Hog supplies have tightened following liquidation of the U.S. sow herd last year and some disease-related U.S. […] Read more
File photo of hogs in transit near Red Deer, Alta. (Stefonlinton/iStock/Getty Images)
Hogs, Livestock, Markets

Alberta hog farmers to get set-aside via AgriRecovery

Producers get funds for feeding held-back market hogs

By ,
An AgriRecovery plan announced Friday is set to pay eligible Alberta farmers 95 cents per day per market-ready hog toward the animals’ upkeep during the shutdown of the province’s biggest hog slaughter plant. Olymel, the meat packing arm of Sollio Co-operative, reopened its plant at Red Deer this week after announcing Feb. 15 it would […] Read more
(Sollio Co-operative Group video screengrab via YouTube)
Hogs, Livestock, Markets

Olymel restarting hog slaughter at Red Deer

Work to resume at pork plant this week

By ,
Meat packer Olymel plans to restart slaughter operations Thursday at one of Canada’s largest hog plants following a major outbreak of COVID-19 among employees. Olymel, an arm of Sollio Co-operative, said late Wednesday it had recalled “employees that are needed to ensure that the gradual restarting of operations goes smoothly” at its Red Deer, Alta. […] Read more
(Shadowinternet/E+/Getty Images)
Hogs, Livestock

Canada’s active PED case count dwindling

Affected Manitoba farms now all presumptive-negative

By ,
The number of active outbreaks of porcine epidemic diarrhea (PED) on hog farms in Canada has shrunk to a few in Eastern Canada, with affected sites elsewhere now believed negative for the disease. Manitoba Pork announced Wednesday that the last of the premises to report a PED outbreak in that province in 2020 has now […] Read more
File photo of hogs in transit near Red Deer, Alta. (Stefonlinton/iStock/Getty Images)
Hogs, Livestock, Markets, Reuters

Olymel shipping backlogged hogs to U.S.

Company-owned hogs to go south after COVID closes Red Deer plant

By , ,
Winnipeg | Reuters — Olymel said Friday it was shipping pigs to the United States to help clear a backlog of hogs after it had to temporarily close its Red Deer, Alta. slaughter plant because of a coronavirus outbreak. Olymel shut the plant on Wednesday and declared force majeure — unforeseeable circumstances that prevent contract […] Read more
The 2021 Banff Pork Seminar offered a trove of valuable information for Canada’s hog producers.
Hogs, News

Pandemic rewriting food fundamentals

Expert urges farmers to get in on direct-marketing wave

By
He’s known as the “food professor,” an educator in food distribution and policy at Dalhousie University in Nova Scotia and senior director of the university’s innovative Agri-Food Analytics Lab. Sylvain Charlebois spends his days on “predictive analytics,” looking at the future of food. Many will know him from frequent mainstream media appearances. He is also […] Read more
(Olymel video screengrab via YouTube)
Hogs, Livestock, Markets

Olymel to close Red Deer hog plant against COVID-19

Hog deliveries suspended 'until further notice'

By ,
Meat packer Olymel plans to temporarily close its hog slaughter and pork processing plant at Red Deer, Alta., winding down that facility’s operations starting this week against a rapidly spreading COVID-19 outbreak among workers. The plant, one of Canada’s largest by slaughter capacity at over 45,000 hogs per week, has notified its hog suppliers and […] Read more

Special Podcast Series

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending April 16, 2021.

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.