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Food and beverage sales to fall in 2024; processor margins to improve

Stabilizing or declining input prices working their way through the supply chain, FCC says

Farm Credit Canada is predicting Canadian food and beverage sales will fall slightly this year as consumers manage tight budgets. Gross margins, however, should increase as the effects of falling commodity prices work their way through the supply chain, the farm lender said in an April 9 news release.





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U.K. firm to process meats in Canada for Walmart

Plant would be Hilton Foods' first in North America

A British-based firm processing proteins for the retail and foodservice sectors plans to set up shop somewhere in Eastern Canada, after reaching a deal to supply meat products to Walmart’s Canadian grocery business. Hilton Food Group announced Thursday it plans to open a new manufacturing plant in that region to supply Walmart Supercentres in Canada

Bison on pasture near Teulon, Man. on May 30, 2023. (MarketsFarm photo by Glen Hallick)

Bison industry expanding, becoming mainstream

Bison meat emerging from 'seasonal' perception

MarketsFarm — The Canadian bison industry has been through some difficult times during the last few years but is now emerging from those doldrums, according to Manitoba Bison Association president Robert Johnson. “Between the two drought years and the COVID-19 pandemic, then high feed prices, probably the last two years have been pretty crappy for


U.S. to up meat label requirements

U.S. to up meat label requirements

Reuters – U.S. ranchers lobbying for tighter rules on meat origin labelling got a win in early March. Meat, poultry or eggs labelled as a U.S. product must come from animals raised and slaughtered within the country under a rule proposed by the Biden administration March 6. Existing rules for the label permit its use

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Olymel to shut two pork processing plants

Triomphe ham, deli meat plants to close in late April

Meat packer Olymel is set to close a chapter in its acquisition history when it shuts down two Montreal-area pork further-processing plants it bought five years ago. Olymel, a division of ag co-operative Sollio, announced Wednesday it will close the former Aliments Triomphe plant at Blainville and its sister plant about 18 km southeast at