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
Hog market recovering from pandemic lows
China again a major driver of hog values
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
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
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
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
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
Olymel closure due to COVID creates costly backlog for hog producers
Backlog of hogs tops 100,000 and it will take weeks to work through it when plant reopens
Reading Time: 2 minutes Red Deer’s Olymel plant remains closed following three deaths linked to the COVID-19 outbreak at the hog processing facility. The plant closed temporarily but indefinitely on Feb. 16, and as of press time, it remained closed, with more than 500 confirmed COVID cases linked to the facility by Alberta Health Services. That’s more than a […] Read more
Canada’s active PED case count dwindling
Affected Manitoba farms now all presumptive-negative
The number of active outbreaks of porcine epidemic diarrhea (PED) on hog farms in Canada has shrunk to a few in Eastern Canada, with affected sites elsewhere now believed negative for the disease. Manitoba Pork announced Wednesday that the last of the premises to report a PED outbreak in that province in 2020 has now […] Read more
Olymel shipping backlogged hogs to U.S.
Company-owned hogs to go south after COVID closes Red Deer plant
Winnipeg | Reuters — Olymel said Friday it was shipping pigs to the United States to help clear a backlog of hogs after it had to temporarily close its Red Deer, Alta. slaughter plant because of a coronavirus outbreak. Olymel shut the plant on Wednesday and declared force majeure — unforeseeable circumstances that prevent contract […] Read more
Contaminated feed a risk that can’t be ignored, says expert
It’s clear that viruses, including African swine fever, can be transmitted via feed ingredients
Reading Time: 3 minutes New research is showing that animal feed can carry viruses, including the one that causes African swine fever. It’s a threat that must be thwarted, Scott Dee, veterinarian and director of applied research for Minnesota-based Pipestone Veterinary Services, told attendees at the virtual 2021 Banff Pork Seminar in January. “We’ve got to work together,” said […] Read more