GFM Network News


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

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

Strong demand, lower supplies support North American hog prices

MarketsFarm — Hog prices in North America typically come under pressure heading into fall, as the end of barbecue season coincides with more hogs coming to slaughter. However, strong global demand has propped up hog prices in recent weeks, with cash prices increasing by over 25 per cent. Fewer hogs coming to market, coupled with […] Read more


An ‘out-of-whack’ pricing system means hog producers here are losing $30 or more per pig during what should be their most profitable time of the year, says Alberta Pork.

Pork is profitable, but pigs are a money-loser in Alberta

Summer is when hog producers make their money — but this year, they’re losing big time, say officials

Reading Time: 6 minutes It’s an everyday act — but one that shows why hog producers in this province are getting near the end of their rope. An Alberta producer recently delivered 200 pigs to a packing plant and got paid $4,000 less than it cost to raise those animals. And then he had to disinfect his truck at […] Read more

(Shadowinternet/E+/Getty Images)

Strong foreign demand boosts North American hog markets

MarketsFarm — While the volume of hogs at North American slaughter markets have kept packing plants near capacity in recent weeks, strong foreign export demand has kept pork values high. “We expect pork values to move higher, due to the shortness of production in China,” said Brad Marceniuk, a Saskatchewan provincial livestock economist in Saskatoon. […] Read more


The situation faced by hog producers in Alberta isn’t as dire as it was last summer, 
but it continues to be a struggle.

The situation is better, but Alberta’s pork sector not out of the woods yet

After a dreadful summer, prices are better but producers still losing money, says analyst

Reading Time: 2 minutes Hog markets have improved since early fall, but the situation is far from great. “In terms of the current prices, there’s nothing spectacular,” said Ron Gietz, an extension specialist with Alberta Agriculture and Forestry. Still, that’s an improvement on the spectacularly bad period last summer when hog prices plunged by more than 40 per cent […] Read more






(Deyana Robova photo/iStock/Getty Images)

Canadian hog prices on rebound

CNS Canada — Improving trade relations and the emergence of swine fever in China have made their presence felt on the Canadian hog market. Weekly signature No. 5 base slaughter weight cash hog prices averaged $117.83 per 100 kg as of Friday, up by roughly $15 over the past two weeks. Those numbers are a […] Read more

There are 16 pigs shown here — raise them to market weight and you’re looking at a loss of $800 or more.

Price plunge spells disaster for Alberta hog farmers

Demand is strong, Canadian packers are short 70,000 hogs weekly, but prices have plunged

Reading Time: 5 minutes A crash in prices — fuelled by Washington’s tariff war — could spell the end for many of Alberta’s dwindling number of hog operations. The sector has already lost half of its hog farms in the past decade and with producers losing $50 on every animal they ship, more are looking at throwing in the […] Read more