One of Pinnacle Farms’ sow barns at Standard, Alta., about 80 km east of Calgary. (VerusAlliance.com)

Olymel buys Alberta hog farming operation

Pork and poultry processor Olymel has tightened the links in the hog supply chain for its Alberta pork plant by buying supplier Pinnacle Farms. Olymel, the meat packing arm of Quebec’s La Coop federee, announced Friday it has bought Standard, Alta.-based Pinnacle, including all its hog inventory, for an undisclosed sum. The company’s 30 employees […] Read more


(ManitobaPork.com)

Argentina pledges access for Canadian pork

Canada and Argentina are in late-stage talks that would see Canadian pork exporters regain access to that South American market. Following a meeting between Argentina’s President Mauricio Macri and Canada’s Prime Minister Justin Trudeau, the federal government last Friday said the two countries have “acknowledged the necessary steps to complete the process to allow for […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle futures climb as cash price outlook improves

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures on Thursday gained for a third straight day, driven by short-covering following renewed optimism for cash prices by Friday, traders said. December and February contracts broke through their respective 10-day moving averages of 102.90 and 104.86 cents, which triggered fund buying. December live cattle closed 1.025 cents […] Read more



Photo: Canada Beef Inc.

U.S. livestock: CME live cattle futures shrug off early losses

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures closed higher on Wednesday after bargain buying and cash price expectations offset initial selling, said traders. CME cattle and hog market participants at first sold futures after Donald Trump unexpectedly won the U.S. presidential election on Tuesday. “People are still concerned about what a Trump administration would […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Bargain buying reverses CME live cattle futures skid

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures rallied on Tuesday as strength from bargain buying and short-covering ended the market’s four-session slide, said traders. They said futures garnered more support from fund buying after contracts broke through technical resistance levels. Most actively traded December live cattle closed 0.950 cent per pound higher at 102.600 […] Read more


U.S. livestock: CME live cattle futures losses mount; hogs rally

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures closed lower for a fourth straight session on Monday, led by initial technical selling and a retreat in wholesale beef values, said traders. Most actively traded December live cattle closed 1.075 cents per pound lower at 101.650 cents, and settled nearly par with the 40-day moving average […] Read more

U.S. livestock: CME live cattle, hog futures extends losses

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures on Friday settled in negative territory for the third straight day after cash prices fell short of investors’ expectations, said traders. CME live cattle losses mounted after falling below technical support levels, which triggered sell stops and fund liquidation. Most actively-traded December live cattle closed 1.350 cents […] Read more