Photo of a Nestle facility. (Nestle via Flickr)

Nestle to shut Ontario foodservice processing plant

Trenton facility to close in mid-2022

Global food processing giant Nestle plans to shut a southeastern Ontario plant and move its work to sites in the U.S., citing a “highly competitive” market. The company announced Thursday it will start to wind down work late this year at the Nestle Professional plant at Trenton, where dehydrated dry-blend and frozen products are made […] Read more

CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hog futures rise to highest since July 2019

April cattle dip to below 30-day moving average

Chicago | Reuters — Chicago Mercantile Exchange live hog futures rose to their highest since July 2019 on Tuesday, underpinned by strong demand. Cattle futures weakened for the fourth time in five days, with the most-active April live cattle contract sinking to a one-month low as activity at meat processors picked up with improving weather […] Read more