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!
Competition Bureau looking at Canada’s food supply chain Friday, June 19, 2026 Canada’s food supply chain from harvest to store shelf will be under the Competition Bureau’s microscope for the next year. The bureau announced its investigation on June 16 with a final report scheduled for release next spring. “Food prices have risen sharply in recent years, putting... Read this article online
Ag in the House: June 8 – 12 Friday, June 19, 2026 During question period on June 8, a Bloc MP wanted answers related to a provision about agriculture placed inside Bill C-30, the Spring Economic Update Implementation Act. Maxime Blanchette-Joncas, the MP for Rimouski—La Matapédia, wanted to know if the government will remove parts of the... Read this article online
Canadian Meat Council Welcomes Food Security Strategy Thursday, June 18, 2026 The Canadian Meat Council (CMC) has welcomed the federal government’s newly announced National Food Security Strategy, highlighting its support for measures designed to strengthen Canada’s domestic food processing sector. At the same time, the organization has expressed concerns about... Read this article online
Wild boar eradication efforts continue across Alberta Thursday, June 18, 2026 Province reports nearly 600 animals removed since 2018 Alberta’s Wild Boar Control Program says efforts to eradicate invasive wild boar from the province are continuing to advance, with nearly 600 animals removed since 2018. In an update shared through the Alberta Invasive Species... Read this article online
Manitoba Pressed to Use Portage Diversion During Heavy Rains Thursday, June 18, 2026 The Manitoba Progressive Conservatives are urging Premier Wab Kinew and Transportation and Infrastructure Minister Lisa Naylor to activate the Portage Diversion as heavy rainfall continues to threaten communities across southern Manitoba and the Interlake region. Lakeside MLA and PC... Read this article online