Poultry Archives - Page 48 of 89

U.S. investigators question shareholders of Brazil’s JBS

By Reuters, GFM Network News December 7, 2018

Brasilia | Reuters –– U.S. investigators this week visited Brazil to question shareholders of J+F Investimentos, the holding company that controls meatpacker JBS SA, as part of an existing plea deal, Brazilian prosecutors said on Friday in a statement. U.S. authorities have been investigating the companies controlled by J+F since their largest shareholders — brothers […] Read more

Bayer CEO Werner Baumann, shown here May 25 at the company’s annual shareholders’ meeting in Bonn, is reportedly under pressure to boost the company’s share price. (File photo: Reuters/Wolfgang Rattay)

Livestock, Reuters

Bayer to shed animal health division, others after Monsanto deal

By GFM Network News November 29, 2018

Frankfurt | Reuters — Bayer, the German drugmaker that bought U.S. seed company Monsanto, announced on Thursday the sale of its animal health business and a number of others, around 12,000 job cuts and 3.3 billion euros (C$4.98 billion) in impairments. CEO Werner Baumann is under pressure to boost Bayer’s share price after a drop […] Read more

Livestock, Poultry/Eggs

Maple Leaf to consolidate Ontario poultry processing

By GFM Network News November 27, 2018

A new $660 million plant at London, Ont. will house Maple Leaf Foods’ Ontario fresh poultry processing operations by mid-2021 as the food processing firm prepares to shut three older facilities. Toronto-based Maple Leaf announced Monday it will build a 640,000-square foot plant at London, billed as “one of the most technologically advanced poultry-processing plants […] Read more

CME February 2019 live cattle with 20-day moving average. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs gain in thin trading on demand optimism

By Michael Hirtzer, GFM Network News November 23, 2018

Chicago | Reuters — U.S. livestock futures were higher on Friday, with lean hogs rising sharply and cattle notching relatively smaller gains as each market was buoyed by hopes of better meat demand, traders said. Hog futures on the Chicago Mercantile Exchange continued to rise on expectations that the spreading African swine fever virus in […] Read more

General, Machinery, Reuters

Walmart’s LatAm delivery app Cornershop eyes Canada

By GFM Network News November 15, 2018

Mexico City | Reuters — Cornershop, a Latin American grocery delivery app being acquired by Walmart, plans to expand into Canada early next year as a test market for the U.S., an executive for the three-year-old mobile app said. Walmart is buying Cornershop, which offers deliveries in Mexico and Chile, for US$225 million. The deal, […] Read more

Beef Cattle, Livestock, Markets, Reuters

JBS posts narrower-than-expected quarterly loss

By GFM Network News November 13, 2018

Sao Paulo | Reuters — Brazil-based food company JBS SA on Tuesday posted a narrower than expected quarterly loss on the back of a strong performance by its Seara processed foods and Brazil beef divisions, and resilience in certain of its U.S. operations. Seara booked net sales of 4.9 billion reais (C$1.72 billion) last quarter, […] Read more

Taste-testing during a Canadian Beef Advantage Seminar in Shanghai in 2013. (Canada Beef via YouTube)

General, Markets, Reuters

Trade pact clause seen deterring China trade deals with Canada, Mexico

By GFM Network News October 3, 2018

Washington | Reuters — China’s hopes of negotiating a free trade pact with Canada or Mexico were dealt a sharp setback by a provision deep in the new U.S.-Mexico-Canada trade agreement that aims to forbid such deals with “non-market” countries, trade experts said on Tuesday. The provision specifies that if one of the current North […] Read more

General, Markets

Outrage, acceptance greet Son of NAFTA

By GFM Network News October 2, 2018

Responses from Canada’s farm sectors range from acceptance to anger as concessions and market access granted under the successor to the North American Free Trade Agreement (NAFTA) come into clearer view. Dairy: ‘Who needs an enemy?’ The new agreement, announced Sunday and dubbed the United States-Mexico-Canada Agreement (USMCA) by the U.S. government, is expected to […] Read more

A view near the Canadian end of the Ambassador Bridge, which connects Windsor and Detroit and is considered one of North America’s busiest trade routes. (Steven_Kriemadis/iStock/Getty Images)

Dairy Cattle, Livestock, Machinery, Markets, Reuters

Canada sticks to plan to stay at NAFTA talks despite Trump attack

By GFM Network News September 27, 2018

Ottawa | Reuters — Canada on Thursday shrugged off U.S. President Donald Trump’s criticism that talks to modernize NAFTA were moving too slowly and made clear it had to keep negotiating as long as there was a chance of success. The prospects for a quick deal to update the North American Free Trade Agreement appeared […] Read more

U.S. Trade Representative Robert Lighthizer testifies at a Senate subcommittee hearing in Washington on July 26, 2018 on proposed budget estimates for the Office of the USTR. (Photo: Reuters/Mary F. Calvert)

Dairy Cattle, Livestock, Machinery, Markets, Reuters

Canada not making concessions needed for NAFTA deal, says U.S.

By GFM Network News September 25, 2018

New York | Reuters — Canada is not making concessions needed to reach a deal with the U.S. for a trilateral NAFTA pact and is running out of time before Washington proceeds with a Mexico-only agreement, a top U.S. official said on Tuesday. The administration of President Donald Trump has recently begun increasing the pressure […] Read more

Daily Network News

Russian grain ship believed sunk in Ukrainian drone attack found, towed to shore, TASS says

Striking JBS workers to return to Colorado plant on promise of talks

Canadian finance minister talks supply chain integrity, pork tariffs with Chinese vice premier

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