GFM Network News


(Sollio Co-operative Group video screengrab via YouTube)

Workers call strike at Olymel hog plant in Quebec

Producers urged to prioritize heavier hogs when shipping

Talks toward a new contract for unionized employees at meat packer Olymel’s hog slaughter and processing plant in Quebec’s Beauce region have ended in a strike. The Syndicat des travailleurs d’Olymel Vallee-Jonction-CSN, which represents over 1,000 staff at Vallee-Jonction, about 60 km southeast of Quebec City, called an “indefinite” strike effective Wednesday morning, the union […] Read more

Borders would still close if a wild pig was found to be infected with African swine fever, but the agreement allows a country to create “control zones.”

Swine fever containment plan agreed to

Reading Time: < 1 minute If African swine fever ever found its way into wild pigs in Canada, exports of pigs and pork would come to a screeching halt — even if commercial hog farms were totally free of infection. But food inspection agencies in Ottawa and Washington have come up with a plan to “minimize trade impacts while protecting […] Read more


Brent Moen stays on as Alberta Pork chair

Brent Moen stays on as Alberta Pork chair

Reading Time: < 1 minute Brent Moen is continuing on as chair of Alberta Pork. Moen and Craig Thompson were re-elected at the organization’s recent AGM along with new directors Ard Bonthuis and Andy Walter. They join four other board members: vice-chair Stan Vanessen, Martin Waldner, Hendrik Fourie and Marcel Rupert. Alberta pork producers have had a tumultuous year with […] Read more

(JBSFoodCanada.ca)

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

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

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

Hog market recovering from pandemic lows

China again a major driver of hog values

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)

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

"We were a little top heavy coming in"

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)

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

CME live cattle futures mixed

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)

Alberta hog farmers to get set-aside via AgriRecovery

Producers get funds for feeding held-back market hogs

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)

Olymel restarting hog slaughter at Red Deer

Work to resume at pork plant this week

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

Some beleaguered hog farmers want production cuts

Some beleaguered hog farmers want production cuts

In another sign of distress, six growers asked Alberta Pork to lead efforts to cut production

Reading Time: 2 minutes Some hog producers are urging Alberta Pork to lead a charge to cut pig production in the province. The unusual request is the latest instalment in an ongoing effort to staunch the flow of red ink in the province’s hog sector. But leading an effort to cut production in a bid to win higher prices […] Read more