英语翻译The primary customer for market hogs in Alberta is Olyme

英语翻译
The primary customer for market hogs in Alberta is Olymel,located in Red Deer.Olymel doesn't offer forward pricing.Yet further east in Saskatchewan and Manitoba,producers delivering to Maple Leaf facilities have the option of forward pricing through the packer.
“Anyone with a Maple Leaf contract can utilize it,” Don Hrapchak of SPI Marketing Group in Saskatoon explains.SPI is a producer-run marketing organization in Saskatchewan.
Hrapchak notes that a few producers locked in prices of around $140 per hundred kilograms for much of their 2007 production.With the severe downturn in hog prices,this was often $50 per hundred kilograms above the market price in the last quarter of 2007.
In Ontario,producers can utilize forward prices provided by the packers or they can utilize the system operated by Ontario Pork.In Quebec,a system similar to the one operated by Ontario Pork is available.
Patrick O'Neil,sales team manager with Ontario Pork,estimates only two to three per cent of the market hogs produced in the province are hedged with packers,while only another two per cent are hedged with Ontario Pork.
“A hog producer often markets every week,” O'Neil notes.“This is a fundamentally different type of marketing than a grain producer.” As well,O'Neil notes that there is really no “weather market” when it comes to hogs.
A zero-sum game?
No doubt there are times when a forward contract will make you money.There's also no doubt that forward contracts can end up below the corresponding cash prices.If losses counteract any gains over the long term,why bother?
James Reesor runs RFW Farms Ltd.,which has hog operations in theWaterloo,Perth and Wellington Counties of Ontario.He contracts hogs from a number of other producers and in total markets about 60,000 animals a year.
Reesor accepts the premise that forward contracting is a zero-sum game overall.It cost him money in 2006 and he had to resist the urge not to contract 2007 production.But during the summer of '07,he did contract some fall production and it saved him from taking such a major hit on revenue.
“You have to try and keep discipline in your farm management decision,” Reesor says.“The psychological wall is the greatest challenge.You have to be tough enough to make the call and live with the decision.”
Steve Twynstra runs a large,diversified cash crop operation near Ailsa Craig,Ontario.He follows grain markets continuously and is always looking to make incremental sales for the next crop and even the one after that.He believes prices are overwhelmingly better in advance and it can be much more than merely the time value of money.