GFM Network News

(Deyana Robova photo/iStock/Getty Images)

Hog prices steadying as barbecue season nears

CNS Canada — With barbecue season on the horizon, prices for Canadian pork rose during the week ended April 27, breaking out of their month-long fall. The timing could be perfect, as negotiators have already begun working on improving trade relations and cancelling proposed tariffs on Chinese imports of U.S. pork and other goods. “Prices […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

Hog rally good news, but exports needed long-term

CNS Canada — The recent rally in U.S. hog futures offers hedging opportunities and cash prices are supported for the short term, but Tyler Fulton at Hams Marketing tempers optimism for the longer-term outlook. “We have advocated for hedging, particularly for the fall and winter timeframe,” he said. However, he cautioned, the current rally is […] Read more

(National Pork Board (U.S.) photo via ARS/USDA)

Cash hog market benefits from barbecue season

CNS Canada –– The Canadian hog market is gearing up to start bringing home the bacon. Weekly cash hog prices are higher on continued stronger seasonal pork cutout values, with lower supply creating better prices. “Prices generally do increase over the summer,” said Brad Marceniuk, a provincial livestock economist in Saskatoon. “I expect hog prices […] Read more