Beef cattle Archives - Page 303 of 631

U.S. livestock: June hogs, cattle plunge limit down

COVID-19 shuts more U.S. meat processors

By GFM Network News April 14, 2020

Chicago | Reuters — U.S. livestock futures tumbled on Monday on worries about declining U.S. meat processing capacity after Smithfield Foods announced Sunday it would indefinitely shut one of its pork plants due to novel coronavirus infections among workers. The closure at Sioux Falls, S.D., affecting four to five per cent of U.S. pork production, […] Read more

Beef Cattle, Livestock

Cargill halts second shift at High River beef plant

'Additional safety measures' also in place, company says

By Glacier FarmMedia staff, GFM Network News April 14, 2020

Cargill is temporarily idling its second shift at one of Canada’s biggest beef packing plants to “minimize the impact” of the COVID-19 coronavirus. The company announced Monday it would reduce shifts at its High River, Alta. beef plant, about 40 km south of Calgary, effective that day and until further notice. “Our goal is to […] Read more

Beef Cattle, Livestock, Markets

Cattle producers press for lower price insurance premiums

WLPIP is needed, but unused because premiums too expensive, CCA says

By Alexis Kienlen, GFM Network News April 13, 2020

The Western Livestock Price Insurance Program is not functioning properly due to very high premiums and needs to be quickly revamped, says the Canadian Cattlemen’s Association. “We’re having unprecedented volatility for markets. Having tools in place for farmers and ranchers has never been more important,” executive vice-president Dennis Laycraft said during a telephone town hall […] Read more

General

Federal government to backstop TFW isolation with funding

Employers backed to provide mandatory two-week isolation

By Glacier FarmMedia staff, GFM Network News April 13, 2020

Farming and agrifood employers bringing temporary foreign workers (TFWs) to Canada will get per-worker support to make sure those employees can self-isolate for 14 days on arrival. Agriculture Minister Marie-Claude Bibeau on Monday announced up to $50 million for such employers to put such measures in place. As part of its response to the COVID-19 […] Read more

Beef Cattle, Livestock, Markets, Reuters

China’s beef imports to drop as hotpot comes off the boil

By GFM Network News April 13, 2020

Beijing | Reuters — Just over two months ago, the Jinyuan Fucheng Beef Hotpot restaurant in northern Beijing had a long line of customers waiting outside its doors almost every night of the week. Now, the restaurant that can seat 800 barely fills 20 tables a day, with most people still wary of dining out […] Read more

Beef Cattle, Livestock

Zoetis buys livestock data management firm

Performance Beef platform to expand drugmaker's 'precision' production offering

By Glacier FarmMedia staff, GFM Network News April 11, 2020

The producer of livestock drugs such as Draxxin, Bovatec and Excede is buying space in the “precision livestock farming” market with a deal for a U.S. livestock data management firm. New Jersey-based Zoetis, which makes drugs and vaccines for the beef and dairy cattle, equine, swine, poultry and sheep sectors as well as cats and […] Read more

File photo of a quality control check on fresh peppers in a Canadian vegetable packing plant. (Jeffbergen/E+Getty Images)

Alberta, Ontario open online portals for domestic ag work

Canadian senators call for support for domestic ag workers

By Glacier FarmMedia staff, GFM Network News April 10, 2020

The Alberta and Ontario governments hope to set up “land armies” of available domestic workers to deploy on their provinces’ farms, in the event that seasonal and temporary foreign workers are unavailable. Both provinces this week announced they have set up online portals where residents can connect with farmers in need of workers. Such jobs […] Read more

CME June 2020 live cattle with Bollinger (20,2) bands. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Futures slide as COVID-19 worries roil market

Concerns over meat processing pace drag on cattle, hogs

By GFM Network News April 10, 2020

Chicago | Reuters — U.S. livestock futures slumped again on Thursday, volatility roiling the market as it faced resistance over surging stocks and growing concerns that meat packers will close plants in the COVID-19 coronavirus pandemic. Lean hog future prices slipped for a second session on concerns about the domestic glut of hog supplies and […] Read more

Beef Cattle, Livestock, Markets, Reuters

USDA to probe surging beef prices versus falling cattle prices

Tyson says will co-operate with department's investigation

By GFM Network News April 9, 2020

Chicago | Reuters — The U.S. Agriculture Department will investigate why a surge in beef prices because of coronavirus-related hoarding did not translate into higher cattle prices for farmers, Agriculture Secretary Sonny Perdue said on Wednesday. The investigation adds scrutiny on the small group of meat companies such as Tyson Foods and Cargill that dominate […] Read more

Crops, Markets

Pandemic to delay StatsCan’s agriculture reports

By GFM Network News April 8, 2020

MarketsFarm — Farmers, commodity traders and market analysts will have to wait a while for agriculture-related reports from Statistics Canada in 2020. The main reason for the delay is the COVID-19 pandemic, said John Seay, an analyst with StatsCan’s agriculture, energy, environment and transportation statistics branch in Ottawa. “Given the COVID-19 outbreak, senior management is […] Read more

GFM Network News

U.S. livestock: Feeder cattle hit contract highs on tight supply

U.S. grains: Soybeans tumble on doubts over U.S.-China trade progress

Alberta harvest wrapping up: report

Beef cattle