Pork Council Receives Funding To Look At Potential Hedging Program

Jul 14, 2015

The Canadian Pork Council is looking at implementing a hog hedging program.

On Friday, Agriculture and Agri-food Canada announced they would be giving up to $160,530 to the pork council to conduct a study on the feasibility of hog hedging.

The study would look at the risks and impacts of hog market price fluctuations on producers, and explore the potential of developing a hog hedging program that would reduce the risk.

"What we're doing is reviewing risk management on the farm and a way to mitigate that," says Canadian Pork Council chair, Rick Bergmann. "Having this program in place would allow for producers to reduce their risk by selecting a price that they're comfortable with in marketing their product, and also the ability to keep cash flow on the farm in times where it's really needed."

Source : SteinbachOnline

Video: Evolution of Beef Cattle Farming

The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

That philosophy aligned naturally with Wooten’s involvement in the U.S. Roundtable for Sustainable Beef, where he served as a representative for the Colorado Cattlemen’s Association. The roundtable brings together the entire beef supply chain—from producers to retailers—along with universities, NGOs, and allied industries. Its goal is not regulation, Wooten emphasized, but collaboration, shared learning, and continuous improvement.