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!
5,000 bushels of grain stolen from Sask. farm Thursday, May 1, 2025 Saskatchewan RCMP is reminding producers to protect their farms after thieves made off with grain. An April 30 release from the Coronach detachment states thieves stole about 5,000 bushels of grain from storage bins on a farm near Ogema, Sask. That’s approximately the capacity of the... Read this article online
Holland Marsh Celebrates 100 Years of Agricultural Excellence Thursday, May 1, 2025 Celebrating a century of farming, community, and natural heritage in Ontario’s “Salad Bowl” 2025 marks a significant milestone for the town of Bradford West Gwillimbury as it celebrates the 100th anniversary of the Holland Marsh—a region renowned for its rich soil, vibrant farming... Read this article online
FCC Predicts Canadian Farmers will Wait to Buy New Farm Equipment Thursday, May 1, 2025 This year may not be the year to buy a brand-new John Deere X Series combine. No matter how great it would be to raise harvest capacity by 45 percent, Canadian farmers may put off their purchase until later. Rising farm equipment prices due to trade disruptions will alter farmers'... Read this article online
Canada Post strike possible in May Wednesday, April 30, 2025 Canadians could experience a disruption in Canada Post services in May. Canada Post and the Canadian Union of Postal Workers (CUPW) have agreed to resume contract negotiations this week. The two parties last sat around the bargaining table in March for mediated talks that concluded... Read this article online
Canadian Pork Council encourages hog producers to order a 4-month supply of ear tags Wednesday, April 30, 2025 The national postal strike is temporarily on hold until May 22, 2025, but disruptions may resume immediately afterward, warns the Canadian Pork Council. Canada Post and the Canadian Union of Postal Workers (CUPW) have re-entered negotiations, assisted by a mediator, following a... Read this article online