Meat processor Olymel will expand its sausage production facility in Trois-Rivières and will shut down two other Quebec locations the company announced Tuesday.
Tag Archives Olymel
Outlook looks brighter for Canadian hog market
Pork producers have a reason to be optimistic as their feed costs drop and demand from the United States strengthens
Glacier FarmMedia – A decline in feed costs and lower hog supplies should create optimism for hog producers, says Farm Credit Canada. Feed costs as a percentage of revenue are now closer to the historic norm, says FCC senior economist Justin Shepherd. The most recent 2024 data shows feed costs average 63 per cent of […] Read more
Olymel scales back production
Olymel is reducing its hog production in Western Canada by closing five of its sow units or farms in Alberta, and one in Saskatchewan. It will cause a net reduction of about 200,000 market hogs per year at the company’s slaughter plant in Red Deer.
Exports only upside in dismal hog market
Canada has some of the lowest-cost pork in the world, signalling poor returns for hog producers but opportunity to increase exports. Canada’s hog producers are contending with high feed costs and stagnant domestic pork demand while hog prices are down from last year. Pork processor Olymel is reorganizing its business, closing slaughter houses in eastern […] Read more
Industry wants help for Quebec hog producers
House of Commons agriculture committee told that closure of Olymel plant will affect thousands of farmers and workers
The owners of the Quebec pork plant set to close by the end of this year said governments should help affected producers. Sollio Co-operative Group owns Olymel, which last month announced its processing plant in Vallee Jonction will close. Many of the nearly 1,000 affected employees are foreign workers who must now apply for new […] Read more
Que. pork plant closure should not affect Prairies
There should be few direct impacts for western Canadian hog farmers, who are more closely connected to U.S. Midwestern farms, processors and markets than to eastern Canadian markets.
