Pork belly futures a thing of the past Monday, October 3, 2011 The mid-July notice from the Chicago Mercantile Exchange was simple and terse."Because of a prolonged lack of trading volume and after significant discussion with industry participants, CME will be delisting Frozen Pork Bellies Futures and Options effective Monday July 18, 2011."According to Minyanville Media, which reports on commodity trading, pork belly trading, which celebrated its 50th birthday this year, was the most recognized and glamorous of the commodity trading contracts. Pork bellies, frozen in the winter when demand was low, were thawed in the summer to meet the high demand when bacon and tomato sandwiches were peaking. The seasonal demand produced a need to hedge against higher prices. A single contract consisted of 40,000 pounds of frozen trimmed bellies from which bacon was made.Minyanville said trading in hog bellies declined for a number of reasons. The packing industry has switched to fixed price contracting. A few huge companies producing both pigs and bacon dominate. On top of that, demand is no longer seasonal, with hamburger chains adding bacon to make their sandwiches more palatable. BP 'This program is no ASRA' It's the pork, stupid!
Pioneer in pulses earns top honours Friday, January 17, 2025 The pulse industry is honouring the remarkable achievements of Vicki Dutton, a farmer from Paynton, Saskatchewan, who has received the prestigious Saskatchewan Pulse Growers (SPG) Pulse Promoter Award. Her pioneering contributions and commitment to innovation and advocacy have played a... Read this article online
This Apron is Built for More Than the Kitchen Friday, January 17, 2025 BYLINE: Zahra Sadiq Have you been dealing with back strain from carrying heavy loads? The Apron Tote from Lee Valley is exactly what you’ve been missing. Give your back a break while keeping your clothes clean and protected. Lee Valley is a family-owned business that began in... Read this article online
Poilievre pledges to reverse the harmful capital gains tax hike Friday, January 17, 2025 Tax cuts for economic growth in Canada Conservative Party leader Pierre Poilievre has pledged to reverse the tax hike on capital gains introduced by the NDP-Liberal government in June 2024. This tax increase, which raises the capital gains tax inclusion rate to 66%, has been widely... Read this article online
The tax impact on farmers of proroguing Parliament Friday, January 17, 2025 The Ontario Federation of Agriculture (OFA) is advising farmers to be cautious when preparing their taxes this year. With Prime Minister Trudeau stepping down and proroguing Parliament until March 24,Ontario farmers are learning the suspension ofparliament impacts various proposed... Read this article online
Farm transitions workshop just ahead of Canada's farm show Thursday, January 16, 2025 Canada's Farm Show, one of the country's premier agricultural events, is set to take place from March 18 to 20, 2025, in Regina, Saskatchewan. Presented by Viterra, the event is focused on three key pillars: education, innovation, and collaboration, which continue to guide its mission of... Read this article online