GFM Network News


U.S. livestock: Ham prices lead lean hog futures higher

Chicago live cattle book slight gain

Chicago | Reuters — U.S. lean hog futures rose on Thursday as firmer cash markets for hogs and some pork products supported thinking that the market may have bottomed out after declining for much of 2020, traders said. Chicago Mercantile Exchange (CME) August lean hog futures settled up 2.275 cents at 50.225 cents/lb., crawling back […] Read more



Olymel buying Quebec sausage maker

Quebec’s Olymel plans to consolidate its sausage business into a next-to-new processing plant, after making a deal to buy the plant’s owner. Olymel, the meat packing arm of La Coop federee, announced Tuesday it will buy Trois-Rivieres processor La Fernandiere for an undisclosed sum. La Fernandiere will “remain an autonomous entity” within Olymel, the company […] Read more