Olymel's poultry and pork processing facility at Saint-Jean-sur-Richelieu, Quebec, will be shuttered this summer, the company announced earlier this month.
Olymel to close Saint-Jean-sur-Richelieu poultry, pork plant
Meat packer announced improving financial outlook this year after losses, consolidation
China pork output marks first quarterly decline in four years
China's pork output eased in January-March from a year earlier, the first quarterly decline in nearly four years, as farmers slaughtered fewer pigs to support a recovery in hog prices.
Food and beverage sales to fall in 2024; processor margins to improve
Stabilizing or declining input prices working their way through the supply chain, FCC says
Farm Credit Canada is predicting Canadian food and beverage sales will fall slightly this year as consumers manage tight budgets. Gross margins, however, should increase as the effects of falling commodity prices work their way through the supply chain, the farm lender said in an April 9 news release.
Opinion: It’s hard to be green while in the red
Farmers must make money before they can invest in sustainability and the carbon price isn’t helping
Reading Time: 3 minutes Glacier FarmMedia – I’m not the one to come up with the line used in this article’s headline, but I wish I was. It is a succinct way of describing one of the most challenging policy aspects of sustainability. It is difficult, even impossible, to change farming practices aimed at improving environmental sustainability when experiencing […] Read more
U.S. finalizes higher standard for ‘Product of USA’ meat label
Canadian meat sector concerned labeling could have chilling effect on exports to U.S.
The administration of U.S. President Joe Biden on Monday finalized a rule requiring meat, poultry, or eggs labeled as a U.S. product to come from animals born, raised, slaughtered, and processed in the country.
Tyson Foods to close Iowa pork plant with 1,200 workers
Packer's pork business saw loss of $128 million in last fiscal year
Tyson Foods will permanently close a pork plant in Perry, Iowa, the meatpacker said on Monday, eliminating jobs for about 1,200 workers.
Olymel parent company posts profit after plant closures
The company closed plants in Ontario, Quebec, and slowed production in the west in 2023
Sollio Cooperative Group, parent company of meat processor Olymel, says it’s back in the black after a period of losses led to closures and cut-backs.
Maple Leaf combines plant, meat protein divisions
Meat sales struggle in fourth quarter, plant sales drop
Maple Leaf will merge its plant and meat protein divisions and plans to expand in the U.S. market, the company said in February.
No silver bullet for food price inflation
The causes might not be what you think they are, one food academic says
Reading Time: 4 minutes Glacier FarmMedia – Canadian food price inflation has many causes, but grocers gouging customers isn’t one of them, Michael von Massow of the University of Guelph said during the December Fields on Wheels conference hosted by the University of Manitoba. Even the carbon tax hasn’t had much impact, according to the associate professor of food […] Read more
MacAulay opens Indo-Pacific ag office
Moment 'pivotal' for the hog sector, Canadian Pork Council says
The Canadian Pork Council joined federal ag minister Lawrence MacAulay in Manila, Philippines, to open Canada's first Indo-Pacific agriculture office, it said today, calling the opening a "pivotal moment" for the Canadian pork sector.
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