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!
Market Movers to Watch for the Week of April 6 Thursday, April 3, 2025 Key USDA reports, oil price shifts, and economic indicators set to shape commodity markets this week. By Aleah Harle, Farms.com Risk Management Intern . 1. The monthly USDA WASDE Report is scheduled for release on April 10th, 2025. The previous report was a “kick the can... Read this article online
Man. farmhouse finalist in Next Great Save competition Thursday, April 3, 2025 A farmhouse in Portage la Prairie, Man., is in the running to receive financial support to help with its restoration. The Hourie House at the Fort la Reine Museum is one of 12 finalists in the 2025 Next Great Save competition. “The Hourie home is an example of an early Canadian farm... Read this article online
Ontario Basketball and Dairy Farmers of Ontario expand partnership into 2025 Thursday, April 3, 2025 Dairy Farmers of Ontario (DFO) and the Ontario Basketball Association (OBA) have extended their partnership into 2025. With this agreement, DFO will be the presenting partner of the and support Team Ontario. “Dairy Farmers of Ontario is delighted to continue its partnership... Read this article online
Agritourism operators meet with Ontario’s Tourism Minister Thursday, April 3, 2025 On April 2, 2025, members of Ontario’s agritourism sector met with the province’s Minister of Tourism, Culture and Gaming, the Hon. Stan Cho to discuss what is one of the fastest growing and popular sectors in tourism. Niagara West MPP Sam Oosterhoff, Associate Minister of Energy-Intensive... Read this article online
U of G Students win Branded Farms.com Chairs Thursday, April 3, 2025 Farms.com was pleased to support the University of Guelph’s annual College Royal which was held March 15th & 16th, 2025 – it was the 101st edition. Every March, the University of Guelph hosts College Royal, the largest university open house event in North America. This annual... Read this article online