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Tag Archives Olymel

Hogs, Livestock

F. Menard’s pork industry assets cleared for sale

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Antitrust regulators have cleared the path for La Coop federee to take up a significantly larger, vertically integrated share of its home province’s pork packing, feed milling and hog production sectors. The agribusiness co-operative announced Thursday its Olymel and Sollio Agriculture arms have “received the green light” from the federal Competition Bureau to buy the […] Read more
Hogs, Livestock

Olymel, Sollio to take up F. Menard pork, feed businesses

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The meat packing and ag input retail arms of Quebec’s La Coop federee are about to take a much longer reach in their home province. The agrifood co-operative announced Tuesday its Olymel and Sollio Agriculture businesses have an agreement in place to buy the hog breeding, pork slaughter and packing, grain sourcing and feed milling […] Read more
Hogs, Livestock, Markets, Reuters

Label problem caused China’s suspension of two pork shippers

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Winnipeg/Ottawa | Reuters — China’s suspension of two Canadian pork exporters’ permits was due to a labeling problem, Canada’s agriculture minister said, adding that she was hopeful of it being resolved. China’s action against two Canadian pork companies, announced by Agriculture Minister Marie-Claude Bibeau on Wednesday, widened a diplomatic rift between the countries. On Thursday, […] Read more
Hogs, Livestock

Olymel to close Quebec City processing plant

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La Coop federee’s meatpacking arm is set to shut an aging Quebec City further-processing plant it took over last year. Olymel announced Tuesday it will close the former Aliments Triomphe plant in the Vanier area of Quebec City effective May 10, affecting 47 employees. The Vanier plant’s production, which includes cretons (meat spreads), bologna, pepperoni […] Read more
Livestock, Poultry/Eggs

Olymel to pick up Ontario chicken processor Pinty’s

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The meat packing arm of agrifood co-operative La Coop federee is set to boost its stakes in the Ontario packaged chicken and appetizer markets with a deal for Pinty’s Delicious Foods. Olymel announced Thursday it will buy Burlington, Ont.-based Pinty’s, including its three southern Ontario chicken slaughter and processing operations at Port Colborne, Paris and […] Read more
Livestock, Poultry/Eggs

Olymel plugs over $52M into poultry processing

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The meat packing and processing arm of Quebec’s biggest agrifood co-operative has earmarked over $52 million for poultry plant upgrades and construction in Ontario and Quebec. La Coop federee’s Olymel division in the past week has announced over $30 million for plant upgrades and the purchase of a second facility at Brampton, Ont., $14 million […] Read more
Hogs, Livestock

Olymel to expand Quebec sausage plant

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Quebec meat packing firm Olymel is set to double the production space at the La Fernandiere sausage plant it bought last year at Trois-Rivieres. The company, an arm of major agrifood co-operative La Coop federee, announced plans to spend $8.1 million to double the plant’s area to over 45,000 square feet, setting up more space […] Read more
Hogs, Livestock

Olymel plans sausage production at Red Deer

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New equipment and refrigerated storage are going into Olymel’s Alberta pork processing plant at Red Deer as the facility gets into the sausage business. Pork and poultry processor Olymel, owned mainly by Quebec agribusiness co-operative La Coop federee, announced Monday it will put up $2 million to convert a section of the Red Deer plant […] Read more
Hogs, Livestock, Markets, Reuters

Canada beats U.S. in pork sales to China – feet, elbows and all

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Winnipeg/Chicago/Beijing | Reuters — Canada has overtaken the United States as the top North American supplier of pork to China as farmers and meat packers in both nations battle for lucrative shares of the biggest global market. Canada’s pork sales to China, after a sharp rise last year, exceeded those of the U.S. in the […] Read more
Livestock, Machinery & Shop

Coop federee cracks $6 billion mark in revenues

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Revenues for expansion-minded Quebec agrifood and retail co-operative La Coop federee crossed the $6 billion mark in fiscal 2016, leading to a substantial jump in patronage dividends to producers. The co-operative at its annual meeting reported earnings, before patronage dividends and income taxes, of $275.44 million on $6.335 billion in revenues for fiscal 2016, up […] Read more

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending November 29, 2019

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