h@ms Marketing Services says improved hog prices over the past couple of months have helped generate renewed optimism within the Canadian pork industry.
The director of risk management with H@MS Marketing Services says the decision by Maple Leaf to allow pork producers to deliver lighter weight hogs its Brandon hog slaughtering plant will make it easier for them to cope with dramatically higher feed costs.
The general manager of H@Ms Marketing Services predicts increasing downward pressure on live hog prices moving into the third and fourth quarters as hog supplies increase and demand for pork slips.
h@ms Marketing Services blames near record inventories of pork for lower than anticipated live hog prices this spring.
The General Manager of H@ms Marketing Services predicts Canadian pork producers will reap slightly stronger profits in 2012 than they did in 2011.
H@ms Marketing Services has announced it will be rebating 80 percent of the marketing fees paid by its member pork producers during 2011.
The general manager of h@ms Marketing services reports a weaker Canadian dollar and strong exports of Pork from the U.S. have reversed the typical seasonal decline in live hog prices.
The closure of the Cloverdale Foods Minot pork packing plant is expected to have a minimal impact on prices paid for western Canadian live hogs.
The general manager of h@ms Marketing Services says a combination of high feed costs and the strong Canadian dollar continue to pressure profitability within the Canadian pork industry.
The director of risk management with h@ms Marketing Services is encouraging hog producers to forward price a large portion of their production and to secure feed supplies to manage the volatility in both hog and grain markets.
