Insights and Stories on Livestock

JBS says it paid US$11 million in bitcoin for ransom

Jun. 10, 2021 at 3:58 pm CDT

Reuters — Meatpacker JBS USA paid a ransom equivalent to US$11 million (C$13.3 million) following a cyberattack that disrupted its North American and Australian operations, the company’s CEO said in a statement Wednesday. The subsidiary of Brazilian firm JBS halted cattle slaughtering at all of its U.S. plants and its […]

U.S. livestock: Front-month hogs hit seven-year high in thin trade

Jun. 9, 2021 at 5:14 pm CDT

By Mark Weinraub

U.S. livestock: July hogs retreat after matching contract high

Jun. 8, 2021 at 7:23 pm CDT

By Tom Polansek

Klassen: Feeder market in consolidation mode

Jun. 7, 2021 at 9:39 pm CDT

By Jerry Klassen

U.S. livestock: Hog futures rise on strength in cash market

Jun. 7, 2021 at 5:55 pm CDT

By Mark Weinraub

Quebec names mediator in Exceldor poultry strike

Jun. 4, 2021 at 8:01 pm CDT

The Quebec government has brought in a mediator to try to restart labour talks that stalled ahead of a strike at one of the province’s biggest poultry plants. Provincial Labour Minister Jean Boulet on Friday named Helene Poulin as a special mediator on the labour dispute at the Exceldor poultry […]

By Dave Bedard

U.S. livestock: CME feeder cattle slide on higher feed costs

Jun. 4, 2021 at 4:29 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures slipped on Friday, weighing on live cattle as rising corn futures pushed feed prices higher. “I think the downturn in feeders certainly was a factor,” said Altin Kalo, economist at Steiner Consulting Group. “I don’t see any other fundamental […]

By Christopher Walljasper

Pasture records key tool in drought decision-making

Jun. 4, 2021 at 9:07 am CDT

Knowing exactly what you can expect out of a pasture can put producers on better footing when making hard management choices during drought, producers and grazing experts say. If the season continues as it has been so far, despite May rains across the Prairies, there will be hard decisions in […]

By Geralyn Wichers

JBS says all facilities operating after weekend cyberattack

Jun. 3, 2021 at 8:03 pm CDT

Chicago | Reuters — All of meatpacker JBS SA’s global facilities are fully operational after a weekend cyberattack disrupted much of its North American and Australian operations, the company said on Thursday. The Brazilian meatpacker’s arm in the United States and Pilgrim’s Pride, a U.S. chicken company mostly owned by […]

By Tom Polansek

U.S. livestock: CME feeder cattle gain on lower corn

Jun. 3, 2021 at 6:56 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures gained on Thursday, lifted by lower corn futures and firmer back-month live cattle. “From the feeder buyer’s perspective, you had higher cattle and lower corn, so that’s a good deal,” said Alan Brugler, president of Brugler Marketing. CME August […]

By Christopher Walljasper