Hogs & Farming Articles - Manitoba Co-operator

Maple Leaf to buy Quebec pepperoni processor

By GFM Network News, Gfm Staff October 4, 2018

Meat processor Maple Leaf Foods plans to boost its space in the pepperoni and dry-cured meats market with a deal for Montreal-based Viau Foods. Toronto-based Maple Leaf announced Tuesday it will pay $215 million, including $30 million in Maple Leaf shares, for Viau, which today bills itself as “Canada’s most important independent producer of pepperoni.”

Sides of pork in cold storage. Tariffs on U.S. pork in China and Mexico have curtailed U.S. exports, resulting in price-depressing oversupply. (Agnormark/iStock/Getty Images)

Hogs, Livestock, Markets

Hog producers continue struggle toward profitability

By GFM Network News, Terry Fries October 4, 2018

CNS Canada — Hog prices might have regained some value in recent days, but many producers are still a long way from profitability, according to the chair of Manitoba Pork. That’s why lenders such as Farm Credit Canada, who show they understand the needs of producers who are dependent on commodity markets, are appreciated, said

Premier Brian Pallister announces up to $9.5 million in TIF support for Hylife Ltd. in Neepawa Sept. 14.

Hogs, Local news, News

Province promises up to $9.5 million in tax rebates for Hylife expansion

Hylife Ltd. will recoup some of the new tax generated from its recent expansions

By Alexis Stockford September 28, 2018

Hylife Ltd. has joined the companies expecting to get a financial boost from their own tax revenue. The province announced Sept. 14 that the pork giant will join the companies and projects singled out for TIF, or tax increment financing. Governments most commonly turn to TIF to jump-start economic development and private sector investment by

Manitoba pork producers are awaiting resolution on the trade front so they can return to profitability.

Hogs, Livestock

Trade wars cast a long shadow over hog industry

Trump tariffs a significant factor, NAFTA weighs in too

By Ron Friesen September 24, 2018

The ongoing trade war between the United States and the rest of the world is side-swiping Manitoba’s pork industry. Hog prices have tumbled since last spring, leaving producers worried about their future just as the industry is recovering from a decade of economic woe. “It’s pretty terrible. It’s about as bad as it’s been in

(Deyana Robova photo/iStock/Getty Images)

Hogs, Livestock, Markets

Canadian hog prices on rebound

By Dave Sims, GFM Network News September 15, 2018

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

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle futures down for 3rd day

By GFM Network News, Julie Ingwersen August 24, 2018

Chicago | Reuters – U.S. live cattle futures fell Friday for a third straight session, with the benchmark CME October contract notching a six-week low on disappointing cash cattle values, traders said. Slaughter-ready cattle traded Thursday at $109 per cwt in Texas and Kansas, down from $109 to $110.50 last week. Some traders had been

Hogs, Livestock

China culls more pigs as authorities race to trace African swine fever source

By GFM Network News, Hallie Gu, Josephine Mason August 24, 2018

Beijing | Reuters – China is culling over 1,300 pigs as authorities rush to control a fourth outbreak of African swine fever and try to trace the origins of the virus that first struck the world’s largest hog herd three weeks ago. Authorities in the eastern province of Zhejiang said they would slaughter 1,332 hogs

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle futures decline after weaker cash trade

By GFM Network News, Julie Ingwersen August 23, 2018

Chicago | Reuters – U.S. live cattle futures declined on Thursday after cash cattle traded in Kansas and Texas at mostly lower prices than a week ago, traders said. CME Group feeder cattle futures edged higher while lean hog futures ended mixed, with the nearby October contract down more than 2 cents per cwt, or

Andrew Dickson. (Manitoba Co-operator file photo by Shannon VanRaes)

Hogs, Livestock, Markets

Trade uncertainty weighs on Manitoba pork prices

By Dave Sims, GFM Network News August 16, 2018

CNS Canada –– An ongoing trade battle between China and the U.S., along with general uncertainty in global trade, is starting to put a damper on Manitoba pork prices. In Canada, the formula price used by domestic farmers is based on the national base price in the U.S. That price is determined by a formula

(Regis Lefebure photo courtesy ARS/USDA)

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Hog futures fall to new contract lows on heavy supplies

By GFM Network News, Michael Hirtzer August 8, 2018

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures tumbled about 3 percent to fresh life-of-contract lows on Wednesday as cash hog and pork prices extended declines amid abundant supplies and worries of sagging demand, traders said. Most active October lean hog futures fell 1.575 cents to 48.400 cents per pound while front-month August

Daily Network News

Biodiversity loss a risk to global economy, IPBES report says

Trump signs proclamation increasing Argentine beef imports

U.S. grains: Soybeans continue gains on Trump’s China comments

Hogs

Maple Leaf to buy Quebec pepperoni processor

Hog producers continue struggle toward profitability

Province promises up to $9.5 million in tax rebates for Hylife expansion

Trade wars cast a long shadow over hog industry

Canadian hog prices on rebound

U.S. livestock: CME live cattle futures down for 3rd day

China culls more pigs as authorities race to trace African swine fever source

U.S. livestock: CME live cattle futures decline after weaker cash trade

Trade uncertainty weighs on Manitoba pork prices

U.S. livestock: Hog futures fall to new contract lows on heavy supplies

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