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Rejean Nadeau. (Photo courtesy Olymel)
Hogs, Livestock, Poultry/Eggs

Olymel CEO dies of ‘sudden’ cancer

Rejean Nadeau died Thursday at 71

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The CEO of Canadian pork and poultry packer Olymel has died of a “sudden and virulent cancer” at age 71, his company reported Friday morning. Rejean Nadeau, the CEO of Sollio Co-operative’s meatpacking and processing arm since 1996, died Thursday at his home at Rougemont, Que., about 25 km south of St-Hyacinthe, Olymel said in […] Read more
File photo of a Conagra production facility at Oakdale, Calif., about 150 km east of San Francisco, on Dec, 18, 2015. (Photo: Reuters/Fred Greaves)
General, Markets, Reuters

Conagra flags price increases to cushion inflation impact

Prepared foods firm raises sales forecast

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Reuters — Conagra Brands said on Thursday it would increase prices again on its frozen meals and snacks to help cushion the blow of higher inflation, after the diversified food maker raised its annual sales forecast and topped quarterly results. Packaged food companies are grappling with inflation as the U.S. economy rebounds, while spending heavily […] Read more
An information label is seen on packaging for a CO2 cylinder for a fizzy drinks machine in Manchester, Britain on Sept. 20, 2021. (Photo: Reuters)/Phil Noble)
Livestock, Reuters

Britain tells its food industry to prepare for CO2 price shock

U.K. pays fertilizer maker CF Industries to reopen plants

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London | Reuters — Britain warned its food producers on Wednesday to prepare for a 400 per cent rise in carbon dioxide prices after extending emergency state support to avert a shortage of poultry and meat triggered by soaring costs of wholesale natural gas. Natural gas prices have spiked this year as economies reopened from […] Read more
Beef is on display at a Walmart in Beijing on Sept. 23, 2019. (File photo: Reuters/Tingshu Wang)
General, Markets, Reuters

China applies to join Trans-Pacific trade pact

Second-biggest economy seeks to add to economic clout

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Updated, Sept. 17 — Beijing | Reuters — Japan said it would have to determine if China meets the “extremely high standards” of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after the world’s second-biggest economy formally applied to join. Commerce Minister Wang Wentao submitted China’s application to join the free trade agreement in […] Read more
Photo: Thinkstock
Poultry/Eggs, Reuters

Cargill, Continental Grain to buy chicken producer Sanderson Farms for $4.5 bln

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Reuters – Commodities trader Cargill Inc and agricultural investor Continental Grain Co will buy chicken producer Sanderson Farms Inc for $4.53 billion, the companies said on Monday, at a time when meat prices have been soaring due to strong demand. The deal would see Sanderson Farms, the third-largest poultry producer in the United States, join […] Read more
File photo of the produce section at a Canadian grocery store. (FatCamera/E+/Getty Images)
General

Industry-led code of conduct for food retailers on horizon

Fees create 'uncertainty' for producers, processors

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A report from a federal-provincial working group says the retail sector has levied an increasing number of fees on suppliers, and is proposing the formation of a code of conduct as a potential solution. Canada’s agriculture ministers are now calling on industry to lead the process. They had formed the working group to study the […] Read more
U.S. President Joe Biden tours a manufacturing lab at McHenry County College during a visit to northwest Chicago suburb Crystal Lake on July 7, 2021. (Photo: Reuters/Evelyn Hockstein)
General, Machinery and Shop, Markets, Reuters

Biden seeks to lift limits on U.S. farmer dealings with tractor makers, packers

Executive order to address corporate 'abuses of power'

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Washington | Reuters — U.S. President Joe Biden wants to give that country’s farmers more power in negotiating the sale of livestock to big processors and in deciding who repairs their tractors, the White House said on Tuesday. The executive order, expected within days, will also address such competitive issues as delayed airline baggage, cellphone […] Read more

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