Pork prices fall Wednesday, November 25, 2015 by BETTER FARMING STAFFNot much more than a year ago, pork producers were giddy with the prices they were receiving for pigs. That has all changed.Pork prices are reported in several ways. Ontario Pork reports the 100 per cent formula price on Nov. 25 is $133.44/100 kilograms. A month ago that price was $176.11. A year ago, the same price was $201.86.According to Purdue University agricultural economist Chris Hurt, live hog prices in the United States fell to below US$40 per hundredweight last week, the lowest level since November 2009. (To put prices into perspective, the cost of production is likely near US$50 but soybean meal is cheaper than it was.) Prices are set in the United States where there’s more pork than before and demand is down. With a low Canadian dollar there are more pig exports to the United States as well as increased national production.Meanwhile, chicken and beef production are both up, and bacon and sausages have a bit of a bad name with consumers right now. “Weakness in demand has apparently been affected by the World Health Organization’s announcement around October 26 linking bacon and processed meats to cancer in humans,” Hurt writes in his regular pork column. He expects the long-term damage will be less than that in the short term. “However if there is persistence of those (negative) messages in coming months and years, this can set in place a long-term change in consumption patterns,” he writes.Hurt says American producers will lose $18 to $20 a head for the last quarter of 2015 and pork prices are likely to stay below US$50 for the next year. BF Victory nears in PED battle UPDATED Behind the Lines - October 2015
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