Insights and Stories on Livestock

U.S. livestock: Live cattle futures firm on wholesale strength

Aug. 19, 2020 at 5:58 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Wednesday as boxed beef prices offered support ahead of the upcoming holiday weekend, traders said. “It’s the main week for retailers to lock up their Labour Day supplies. That’s kept a floor under the cash market,” said Alan […]

Brandon pork plant’s exports to China suspended

Aug. 18, 2020 at 10:35 pm CDT

By Dave Bedard

Red Deer hog plant books first COVID case

Aug. 18, 2020 at 8:22 pm CDT

By Dave Bedard

U.S. livestock: Lean hog futures pull back on shaky demand

Aug. 18, 2020 at 6:21 pm CDT

By Christopher Walljasper

Klassen: Yearling demand remains firm

Aug. 18, 2020 at 4:15 am CDT

By Jerry Klassen

U.S. livestock: Live cattle step back after eight-session climb

Aug. 17, 2020 at 6:17 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures pulled back on Monday in profit taking ahead of the U.S. Department of Agriculture’s Cattle on Feed report at the end of the week, traders said. Live cattle fell for the first day after eight sessions of gains. The pullback […]

By Christopher Walljasper

COVID-19 lands at another Cargill meat plant

Aug. 14, 2020 at 10:23 pm CDT

Alberta provincial officials have declared a COVID-19 outbreak at Cargill’s meat further-processing plant in Calgary, with five cases of the coronavirus connected to the facility. Provincial chief medical officer Dr. Deena Hinshaw tweeted Friday that “there are five cases linked to Cargill Case Ready Meats in #YYC.” Provincial health officials […]

By GFM Staff

JBS to resume U.S. share listing plan after COVID-19 fallout

Aug. 14, 2020 at 7:36 pm CDT

Sao Paulo | Reuters — Brazil’s JBS SA is reviving plans to list shares on Wall Street after dealing with the COVID-19 pandemic’s fallout, CEO Gilberto Tomazoni said on Friday, as the world’s largest meatpacker reported strong quarterly results. Speaking on a conference call with analysts following the company’s second-quarter […]

By Ana Mano

U.S. livestock: Live cattle rise on higher beef prices, grilling demand

Aug. 14, 2020 at 4:53 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures continued to advance Friday, supported by increasing beef prices and expectations of continued meat demand going into the Labour Day weekend, traders said. Beef prices usually rise heading into the September holiday, when consumers often barbecue either at home or […]

By P.J. Huffstutter

Feds line up projects for surplus food program

Aug. 14, 2020 at 1:22 am CDT

The federal government has lined up eight projects to source and distribute perishable produce, meat, eggs and seafood piling up across Canada due to the COVID-19 pandemic. As part of the federal pandemic response, Prime Minister Justin Trudeau announced in early May that Ottawa would budget $50 million for a […]

By Dave Bedard