beef Archives - Page 135 of 141

Cargill to exit U.S. cattle feeding business

By GFM Network News April 26, 2017

Chicago | Reuters — Cargill said on Wednesday it will exit the business of feeding cattle to direct capital toward other investments, the latest transformation for the global commodity trader. Minnesota-based Cargill struck a deal to sell its last two feed yards to ethanol producer Green Plains for US$36.7 million, after selling other feedyards to […] Read more

Beef Cattle, Reuters

Brazil’s JBS to resume slaughtering at six idle beef units next week

By Reuters, GFM Network News April 20, 2017

São Paulo/Reuters – The world’s largest meatpacker JBS SA will next week resume slaughtering at six out of 10 beef processing units after sending workers on temporary leave earlier this month, the company said in a statement on Thursday. Another four units will restart operations on May 2 after “reforms, operating adjustments and the modernization […] Read more

Cattleman’s Corner, Livestock, Markets

If you see a profit, take it

Markets have improved, but it likely won’t last

By Jerry Klassen April 14, 2017

Fed and feeder cattle have been percolating higher over the past month as the market moves through a period of seasonal low beef production. Restaurant traffic sharply improves in March and April, and retail beef movement also increases. Consumers generally start eating more once spring rolls around and this year, the health of the overall […] Read more

Australian countryside near Bendigo, northwest of Melbourne. (CIA.gov)

Beef Cattle, Livestock, Reuters

Beef makes the cut as Australia, China move to boost trade

By GFM Network News March 23, 2017

Sydney | Reuters — Australia and China are expected to sign new bilateral agreements on beef exports, energy and security during a four-day visit by Chinese Premier Li Keqiang that began on Thursday. Li, the first sitting Chinese premier to visit Australia in 11 years, was welcomed to parliament in Canberra by Prime Minister Malcolm […] Read more

Livestock, Markets, Reuters

Brazil beef scandal leaves fewer options for global buyers

By GFM Network News March 20, 2017

Chicago | Reuters –– Global beef buyers will likely need to cobble together supplies from several nations if a scandal persists in Brazil’s meat sector because supply constraints and politics are already limiting trade flows, market analysts said Monday. China suspended imports of all meat products from Brazil, the world’s top beef exporter, as a […] Read more

General, Markets

Ag groups tout potential of trade pact with China

By Grainews Staff, GFM Network News March 8, 2017

Canadian ag commodity groups expect to make a case for freer trade with China during consultations now underway alongside Ottawa’s talks on a possible free trade deal with Beijing. Federal Trade Minister Francois-Philippe Champagne on Friday announced public consultations, running until June 2, following last September’s announcement of “exploratory discussions” on a free trade agreement […] Read more

Beef Cattle, Cattleman’s Corner, Livestock

Dexter cattle are easy keepers

Small stature breed has excellent fit for hobbyists and acreage owners

By Edna Manning March 1, 2017

April and May is calving season at Nick and Janice Woodhouse’s acreage near Dalmeny, Sak., but the couple isn’t concerned about getting up in the middle of the night to monitor their herd of Dexter cows. “I’ve never experienced any calving problems or had to assist with any births,” says Nick, who has been raising […] Read more

Beef Cattle, Cattleman’s Corner, Markets

Short-term gains, long-term pains

The market still needs to discourage beef production — and that hurts

By Jerry Klassen February 9, 2017

Fed and feeder cattle prices have been percolating higher recently as the markets adjust to lower-than-expected first-quarter beef production. Alberta fed cattle prices have been hovering in the range of $162 to $165, which is approximately $25 above break-even pen closeout values. Healthy feedlot margins allowed feedlots to bid up feeder cattle prices. Larger-frame steers […] Read more

Livestock, Markets

The 2017 market has flickering bright lights

Lower retail prices help to fuel increased beef demand

By Jerry Klassen January 13, 2017

The price outlook for fed and feeder cattle prices has improved over the past month. First, beef production during the first half of 2017 will be lower than earlier anticipated. Second, offshore North American beef demand has strengthened in Southeast Asia due to lower exports from Australia. Third, Canadian exports of fed cattle and beef […] Read more

Crops, Markets, Reuters

Cargill profit jumps on meat demand, big U.S. crops

By GFM Network News January 10, 2017

Reuters — Global commodities trader Cargill on Tuesday reported a sharply higher adjusted quarterly profit led by strong results from its beef and turkey businesses and robust demand for North American grain and oilseed crops. The privately held company said adjusted operating earnings jumped nearly 80 per cent in the second quarter ended Nov. 30 […] 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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