Page 292 of articles about markets-economics

Canada - Ontario orders "negative option" for hog marketing

18-Feb-2010
The order ending Ontario Pork's days as a mandatory single-desk hog marketing agency has been overturned -- that is, if the province's hog producers want it to be. A ruling Tuesday from the province's Agriculture, Food and Rural Affairs Appeal Tribunal reinstates sections of the Ontario Farm Products Marketing Regulations that were revoked in October 2008 by the Ontario Farm Products Marketing Commission.

USA - Hog industry show losses averaging $22.50 per head from 2007 to 2009

18-Feb-2010
According to a market research report, " Five year Forecast and Analysis on the United States Hog Market" by Doane Advisory Service, over the 23 month period, budgets show losses averaging $22.50 per head. With hog slaughter over that period totaling more than 220 million head, a total of nearly $5 billion in this downturn.

Mark Wray appointed CMG CFO

17-Feb-2010
Mark Wray has been appointed Chief Financial Officer (CFO) of Fremantle head-quartered 80 year old privately owned food and agribusiness company, Craig Mostyn Group (CMG).

Canada - Hog farms continued to decline in 2009

17-Feb-2010
At January 1, Canadian hog producers had an estimated 11.6 million hogs on their farms, down 4.5% from January 2009. Since January 2009 there has been a 4.3% decrease in the breeding herd, mainly sows and gilts. The inventory of sows is estimated at 1.3 million head.