Insights and Stories on Slaughter

Jan. 3, 2022 at 7:18 pm CST

Reuters — The United States will issue new rules and US$1 billion in funding this year to support independent meat processors and ranchers as part of a plan to address a lack of “meaningful competition” in the meat sector, President Joe Biden said Monday. The initiative comes amid rising concerns […]

By Leah Douglas

Dec. 9, 2021 at 5:19 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rebounded on Thursday from four sessions of losses, amid an accelerating slaughter pace and indications that pork prices may be near a bottom following a prolonged slide, traders said. The daily hog slaughter was slower-than-normal earlier this week, which some […]

By Karl Plume

Dec. 1, 2021 at 4:59 pm CST

Workers at Cargill’s major beef slaughter and packing plant in Alberta will vote this week on a new offer which it’s hoped will avert a strike or lockout, both due to start Monday. The new offer follows a “marathon” of negotiations Tuesday between Cargill representatives and the bargaining committee for […]

By Dave Bedard

Nov. 22, 2021 at 1:11 pm CST

Workers on the verge of striking at Cargill’s major beef cattle slaughter plant at High River, Alta. will vote this week on a new contract offer from the company. However, the union bargaining committee for the workers, represented by the United Food and Commercial Workers (UFCW) Local 401, is recommending […]

By Dave Bedard

Nov. 15, 2021 at 6:10 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Monday, supported by tighter supplies of market-ready cattle that propped up cash prices last week, traders said. “In theory, the feedlots have a little more leverage, because there’s fewer cattle available for the packer to buy,” said Alan […]

By Christopher Walljasper