beef Archives - Page 129 of 138

The proposal to increase checkoff funding for Beef Farmers of Ontario passed with a significant majority this year. (John Greig photo)

Ontario beef checkoff to rise by $1.50

By GFM Network News February 20, 2019

Ontario beef farmers have approved an increase of $1.50 in checkoff per animal to fund an ambitious industry-wide marketing effort for Ontario beef. Producers at the Beef Farmers of Ontario (BFO) annual meeting in Mississauga on Wednesday voted 87 per cent in favour of the plan. A similar plan was rejected at last year’s annual […] Read more

Galloway beef genetics used in a cross-breeding program have helped to produce a very efficient beef herd on Rainer Krumsiek’s beef operation near Horsefly, B.C. Along with beef, they also produced pasture finished pork and lamb for direct-to-consumer sales.

Cattleman’s Corner, Livestock

B.C. ranch caters to consumer segment

Customers looking for naturally raised and animal welfare certification

By Heather Smith Thomas February 19, 2019

While his B.C. Cariboo Region ranch may between six to eight hours drive from major population markets, Rainer Krumsiek hasn’t let distance get in the way of developing a successful pasture-raised and finished meat business. Krumsiek, at Big Bear Ranch near Horsefly, (a small town in central B.C.) about 15 years ago started using Galloway […] Read more

Strip steak with mushrooms. (Photo courtesy Canada Beef Inc.)

General, Markets, Reuters

Pacific pact spurs Canadian ag sales to Japan as U.S. watches

By Rod Nickel, GFM Network News January 10, 2019

Winnipeg | Reuters — At the Canadian embassy in Tokyo last month, beef promoters flew in a chef from Canada to cook New York strip steaks for hungry Japanese importers and restaurant suppliers. The annual Canadian beef buffet reception attracted 126 people, up sharply from the usual 30 to 40. A trade deal among Pacific […] Read more

General, Markets, Reuters

Cargill’s net earnings down as trade fight bites

By GFM Network News January 3, 2019

Chicago | Reuters — Grains trader Cargill on Thursday reported a 20 per cent drop in its fiscal second-quarter 2019 net earnings, as global trade tensions hit the bottom line along with challenges in the Chinese hog sector and a struggling U.S. dairy business. Three of the company’s four business units reported results that were […] Read more

Finishers, Livestock, Markets

Klassen: Favourable margins support feeder market

By Jerry Klassen, GFM Network News January 2, 2019

There were no sales last week with auction barns closed for the holiday season; therefore, we start the year looking forward at factors that will influence the feeder market over the next month. While the feeder market was quiet, feedlot operators were surprised with the U.S. fed cattle market jumping US$3-$4 from seven days earlier. […] Read more

Beef Cattle, Livestock, Reuters

McDonald’s to curb antibiotic use in its beef supply

By Tom Polansek, GFM Network News December 12, 2018

Reuters — McDonald’s Corp. said Tuesday it plans to reduce the use of antibiotics in its global beef supply, fueling projections that other restaurants will follow suit. The move by the world’s biggest fast-food chain addresses concerns that the overuse of antibiotics vital to fighting human infections in farm animals may diminish the drugs’ effectiveness […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle climb on technical buying, demand optimism

By Michael Hirtzer, GFM Network News December 11, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained about one per cent on Tuesday, lifted by technical buying and optimism for the continued robust demand for cattle and beef, traders and analysts said. Cattle futures shrugged off three straight sessions of declines to rise to the highest levels in about a week. […] Read more

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

Livestock, Markets, Reuters

U.S. livestock: Live cattle, lean hogs mostly lower

By Michael Hirtzer, GFM Network News December 10, 2018

Chicago | Reuters — U.S. livestock futures were mostly lower on Monday, with both live cattle and lean hogs succumbing to pressure from technical selling and expectations for weaker cash prices, traders and analysts said. Prices for each eased amid a lack of fresh fundamental news to propel gains. Hogs had climbed last week, lifted […] 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

Cattle on pasture in the Philippines. (LeoLee/iStock/Getty Images)

Beef Cattle, Livestock, Sheep/Goats

Canadian cattle’s access to Philippines restored

By GFM Network News October 18, 2018

The regulatory path has been cleared to resume exports of live Canadian cattle to the Philippines, reopening a market worth an estimated $8 million per year. The federal government on Monday announced the resumed export clearance, along with new market access for Canadian sheep and goat genetics exports to both Indonesia and the Philippines. The […] Read more

GFM Network News

U.S. livestock: Cattle slip back, hogs gain

U.S. grains: Soy futures post biggest monthly gain in nearly five years on China trade optimism

Farm gate milk price to rise in 2026

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