As of January 1, 2011, Manitoba Pork Marketing Co-op has officially changed its name to h@ms Marketing Services Co-op Inc.
The Manitoba Pork Marketing Cooperative is confident a new joint venture hog marketing service will ultimately lead to reduced marketing costs for producers in both Manitoba and Saskatchewan.
Beginning in the new year a new company will take over the administration of hog marketing services in Manitoba and Saskatchewan.
The Manitoba Pork Marketing Cooperative reports the futures markets suggest break even hog prices by February or March and a return to profitability in April, May and June.
The CEO of the Manitoba Pork Marketing Cooperative reports improved efficiency in the manner in which it operates could result in reductions in the marketing fees it charges members in the future.
The Manitoba Pork Marketing Co-op says patterns of live hog movement within the province have changed dramatically over the past year.
The Manitoba Pork Marketing Cooperative is predicting a substantial run-up in live hog prices over the next few weeks.
Manitoba Pork Marketing Co-op says a new partnership involving the hog marketing cooperatives in Manitoba and Saskatchewan will mean improved services and reduced costs for producers.
Manitoba Pork Marketing Co-op expects to begin the construction of a new hog assembly yard near Stonewall this spring.