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Tag Archives Pork — page 11

Olymel plans to permanently shutter its Vallee-Jonction plant (above) at the end of the year.
Livestock, News

Olymel plant closure affects Ontario pork producers

Ontario Pork pushes for increased provincial processing capacity

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The closure of another Ontario-accessible hog processing plant is raising concerns in the province’s pig sector. Olymel, the protein arm of Sollio Co-operative, on April 14 announced the Vallee-Jonction, Que., hog slaughter, cutting and deboning facility will wind down and permanently close on Dec. 22. Why it matters: Ontario pork producers who ship to Quebec […] Read more
Iowa Pork Producers Association director Aaron Juergens speaks at the Manitoba Pork Council annual meeting in Winnipeg April 13.
Livestock, News

Pork sector shows cross-border anxiety on meat labelling

American pork producers also nervous on VCOOL, U.S. industry reps say

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Hog producers in Iowa and Minnesota aren’t pleased with U.S. changes to meat labelling that could have spillover effects into Canada, representatives told Manitoba Pork’s gathered membership in mid-April. “As pork producers, we love the trade,” said Aaron Juergens, an Iowa hog farmer and director with the Iowa Pork Producers Association. WHY IT MATTERS: Canada’s […] Read more
The new interactive Pig Mobile from Ontario Pork has a larger animal viewing area and modern equipment including in-barn monitors and an expandable stall for a sow and piglets.
Livestock, News

Ontario Pork recharged and ready for education, promotion events

Organization has upgraded its Pig Mobile and provides training for ‘Hambassadors'

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Ontario’s pork industry is taking a renewed approach to consumer and agriculture education events this year. Starting with an interactive Pig Mobile, a spring Hambassador training event, and building on a collection of new online resource tools, the industry is ready to hit the road. “About two per cent of Canadians have a direct connection […] Read more
CME June 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Live cattle, lean hogs turn lower

August feeder cattle down second day

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The Chicago Mercantile Exchange’s most-active live cattle and lean hog futures turned lower Monday on a down day overall in livestock trade. CME June live cattle ended lower Monday after three consecutive days’ climb, at one point dipping below their 10-day moving average before closing at 164.875 cents/lb., down 0.6 cents on the day (all […] Read more
Canada-U.S. relations have been strained in recent years, in part because Canada added almost one per cent to U.S. domestic pork supply.
Livestock, News

Uncertain U.S. pork forecast causes pessimism

Price forecast is ‘ugly,’ says pork industry economist

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Slow export growth, a larger than expected U.S. pig run and an expanding breeding herd are sparking pessimism for 2023 American hog prices. Steve Meyer, an economist with Iowa’s Kearns and Associates, said few predicted the early 2023 large run of hogs and a recent United States Department of Agriculture Hogs and Pigs report was […] Read more
(Sollio Co-operative Group video screengrab via YouTube)
Livestock, Markets

Olymel to shut one Quebec hog slaughter plant

New provincial hog supply agreement in works as Vallee-Jonction facility set to close

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Quebec-based meat packer Olymel’s bid to stem losses in its fresh pork business now includes closing down one of its five Canadian hog slaughter plants. Olymel, the protein arm of Sollio Co-operative, announced Friday it will wind down operations at its hog slaughter, cutting and deboning plant at Vallee-Jonction, Que. and permanently close the facility […] Read more
CME June 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures continue climbing

Lean hog futures down on day

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Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures continued climbing Tuesday, with most-active June live cattle again reaching a new contract high. CME June live cattle closed Tuesday at 163.95 cents/lb., up 0.25 cent on the day, while lightly-traded front-month April also closed at a new contract high of 172.3 cents, up 0.925 […] Read more
FOP labelling can be a useful tool to reduce consumption of further processed foods.
News

Editorial: U.S. looks to revive COOL

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Should we be able to judge a food by its ‘cover’? Regulatory agencies and policy makers think so. The ‘cover’ in this case is not the company branding on the product packaging, but the labels used to inform consumers where a food originated, or what it contains or doesn’t contain. Last July Health Canada published […] Read more
A challenge identified by Food and Beverage Ontario CEO Chris Conway is that food processing is not considered manufacturing. As a result, food processing tends to fall out of the conversation when governments and society talks about economic recovery.
News

Is processing at a tipping point?

Labour, capacity and access to capital make Ontario processing a challenge

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The inability to achieve production-line capacity was cited for the recent closure of two Canadian-owned food processing facilities serving the country’s densest population centres. The closures, combined with soon-to-take-effect closures of two further-processing pork factories in Quebec, leave primary producers of both vegetables and livestock hoping this isn’t a sign of things to come. Pickle […] Read more
File photo of signage outside Maple Leaf Foods’ Lagimodiere Boulevard plant in Winnipeg. (Dave Bedard photo)
Livestock, Markets

Maple Leaf sees ‘inflection point’ beyond red ink of 2022

Packer books net losses in Q4, full-year

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Another of Canada’s major pork and poultry packers has reported significant net losses in its 2022 ledger, but sees “green shoots” suggesting a return to normal pork markets and stable supply chains this year. Maple Leaf Foods on Thursday reported a net loss of $311.89 million on $4.739 billion in gross sales for its fiscal […] Read more

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