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Hogs, Livestock, Markets

Olymel to exit lard business, shut plant

Packer's St. Hyacinthe facility to permanently close

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Pork and poultry packer Olymel is set to close the further processing plant it operates in its home town in Quebec as it exits the lard production business. The company, an arm of ag co-operative Sollio, announced Thursday it will close its St. Jacques Street plant at St. Hyacinthe, Que. effective Feb. 10, affecting 107
A PED working group has been developing a plan since early 2022.
Hogs, News

Manitoba Pork floats PED plan to producers

Working group says an elimination approach the only viable option

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Pork producers recently got a first look at Manitoba Pork’s plan to virtually eliminate PED from the provincial hog industry. The draft plan’s goal is to eliminate 96 per cent of porcine epidemic diarrhea (PED) infections by 2027, according to the presentation at the Nov. 1 producer meeting. Details are pending. The draft showed objectives
“…we were definitely scrambling to find supply and through that period of time, prioritizing orders that were extremely urgent.” – Jeff Clark, PigTRACE.
Hogs, News

PigTRACE tag blockage cleared

PigTRACE ear tags are flowing smoothly again after the better part of a year of holdups

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The scramble to source ear tags for the pork sector’s PigTRACE traceability program is over, according to the industry. PigTRACE recently confirmed that the backlog in approved tags has cleared after about 10 months of supply issues. Why it matters: The traceability program has been mandatory for producers for years but the ear tags needed
(File photo by Dave Bedard)
Hogs, Livestock

Cybersecurity ‘incident’ hits Maple Leaf systems

Grocery firm Empire also dealing with IT grief

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Some information technology (IT) systems at Canadian pork and poultry packer Maple Leaf Foods have been downed in what the company described Monday as a “cybersecurity incident.” The company said in a release Monday that it “took immediate action and engaged cybersecurity and recovery experts” when it learned of the problem, and its in-house and
Photo: File
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Lean hog, live cattle futures sag in technical moves

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures declined on Friday, with the benchmark December contract hitting a near three-week low in what appeared to be featureless technical selling, traders said. CME December hogs LHZ2 settled down 0.400 cent at 82.975 cents per lb after touching 82.825, the lowest since Oct. 17, and falling below
Photo: File
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Live cattle bounce from two-week low in most-active contract

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures finished higher on Thursday in the most-active contract, after shaking off a two-week low hit earlier in the session, traders said. Other contracts ended mixed, as the market took a breather following a recent rally in cash cattle prices, brokers said. Cash cattle on Thursday
Photo: File
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Cattle futures sag on long liquidation; cash trade awaited

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Chicago | Reuters – U.S. live cattle futures on the Chicago Mercantile Exchange closed lower in range-bound trade on Tuesday as speculators exited long positions amid a lack of supportive news, traders said. CME December live cattle LCZ2 settled down 0.525 cent at 151.950 cents per lb but stayed inside of Monday’s trading range. January feeder cattle FCF3 finished
Photo: Thinkstock
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Supply concerns drive CME live cattle to new contract high

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures closed higher and reached a new contract high on Wednesday amid concerns about tightening U.S. supplies, brokers said. Strong recent gains have left the market technically overbought and due for a setback, brokers said. “We’ve had a nice rally here,” said Matt Wiegand, commodity broker

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