Ontario Pork’s report on Sept 30, 2020 states that the 100% formula
price was $184.77/ckg DW. This is up
$50.89 since last month’s newsletter.
The CME price was $76.31, which is up $19.63 from last month’s
OMAFRA’s Ontario Market Hog Price Trend Sheet is not being produced
right now. Therefore I have looked at
the futures numbers from Ontario Pork’s report on Sept 30 and calculated out
the 100% formula prices for October $175.06, December $149.71, February $161.89,
April $172.25, May 183.64 and June 194.36.
These are all up dramatically from last month’s newletter.
There is numerous conferences and events going virtual this year. Keep an eye out for some you would not be
able to normally attend. Banff Pork
Seminar (January 2021) and The Porc Show (December 2020) are both going to
virtual shows. The Southwest Ontario
Pork Congress has been cancelled for February 2021. The London Swine Conference in March 2021 has
not be finalized how it will proceed.
There has been some high moisture corn and lots of silage corn come
off. If early indications are true, it
looks like vomitoxins will be low again this year and yield will be good in
areas that received the rains.
There is also a group of producers that are looking to start up another
co-operative packing plant in Ontario.
If you are interested in more details, please contact me.