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Tim Hortons parent updates antibiotic policy for chicken

The parent company for the Tim Hortons and Burger King chains has tightened up its pledge to curb the use of antibiotics by its chicken suppliers. Restaurant Brands International on Thursday released its first “Sustainability Report,” outlining its work during 2016 in support of “sustainable practices that promote positive change.” Back in late December, Oakville, […] Read more



CME

CFTC fines cattle futures traders US$5 million

Chicago | Reuters — U.S. futures regulators fined a Memphis trading firm and three associates US$5 million on Wednesday for using a manipulative tactic in CME Group’s cattle futures, a market grappling with extreme volatility. The Commodity Futures Trading Commission said it penalized McVean Trading + Investments $1.5 million and its chairman, Charles Dow McVean, […] Read more

JBS

Brazil blocks JBS deal, seeks asset freeze

Brasilia | Reuters — A Brazilian judge has blocked JBS SA’s planned sale of a South American unit while the attorney general’s office urged the company’s assets be frozen, in signs of fallout from a corruption probe involving the controlling shareholders of the world’s No. 1 meatpacker. Federal Judge Ricardo Leite blocked JBS’s US$300 million sale […] Read more


Dairy protection sought ahead of NAFTA talks

CNS Canada — The head of Canada’s dairy industry group highlighted the role of Canadian dairy producers in the domestic market, as the potential for trade agreement renegotiations loom. U.S. President Donald Trump said earlier in the year he was considering pulling the U.S. from the North American Free Trade Agreement (NAFTA), but later shifted […] Read more

Hog rally good news, but exports needed long-term

CNS Canada — The recent rally in U.S. hog futures offers hedging opportunities and cash prices are supported for the short term, but Tyler Fulton at Hams Marketing tempers optimism for the longer-term outlook. “We have advocated for hedging, particularly for the fall and winter timeframe,” he said. However, he cautioned, the current rally is […] Read more


Tyson to test new method to stun chickens

Chicago | Reuters — Tyson Foods will test a new way to render chickens unconscious before slaughter, the company said Wednesday, in the latest sign that heightened concerns about animal welfare are affecting U.S. meat processors. Within the next year, Tyson, the biggest U.S. chicken company, will launch a pilot program at two processing plants […] Read more

Close up of milking cluster

Eastern dairy farmers get big quota increase

The eastern Canadian provinces have approved a five per cent dairy quota increase — their largest one-time quota increase since the daily quota system was implemented in 1998. It will also be implemented quickly, on July 1. The five provinces — Prince Edward Island, New Brunswick, Nova Scotia, Quebec and Ontario — create quota policy […] Read more