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Beef Cattle, Livestock

JBS to help fund home purchases for Brooks staff

Company offering zero-interest loans for down payments

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One of the biggest beef packers operating in Canada is pledging $1.7 million for a one-year pilot program to help employees buy or upgrade homes. JBS Foods Canada, which operates Brazilian meat packer JBS’s plant at Brooks, Alta., on Tuesday announced the launch of what it calls the “Homebuyer Dream Fund,” providing zero-interest loans to […] Read more
EU flags in front of the headquarters of the European Commission in Brussels. (Jorisvo/iStock/Getty Images)
General, Markets, Reuters

EU predicts pain for farmers, consumers from Ukraine crisis

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Brussels | Reuters — Russia’s invasion of Ukraine and EU sanctions on Moscow will prove painful for farmers, consumers, fertilizer makers and exporters of farm products, the European Commission warned on Monday. Michael Scannell, deputy director-general of the Commission’s agriculture division, said grain buyers should brace for higher prices given that Russia and Ukraine made […] Read more
File photo of a Loblaw-owned Real Canadian Superstore location in Winnipeg. (Dave Bedard photo)
General, Markets, Reuters

Loblaw beats estimates for quarterly revenue

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Reuters — Canadian retailer Loblaw Cos. beat market estimates for quarterly revenue on Thursday, as demand for groceries and other essential items stayed strong. The pandemic-led trend of cooking at home has sustained even as COVID curbs have eased, continuing to help sales at grocery stores that benefited during last year’s lockdowns. Companies such as […] Read more
Daily slaughter capacity at the U.S.’s 30 largest beef processors slightly increased in 2021 from the previous year.
Markets, Prime cuts

Beef industry faces packer fallacies

Prime Cuts with Steve Kay

By
Misinformation and even disinformation are not new to the U.S. beef industry. It’s fascinating, though, how the onset and impact of the coronavirus pandemic amplified the claims of critics of the industry, especially those of the beef processing sector. Most critics claim the “Big Four” packers control more than 80 per cent of the U.S. […] Read more
Photo of an RCMP vehicle attending the blockade at Emerson, Man. dated Feb. 11, 2022. (Photo courtesy Manitoba RCMP)
Livestock, Markets

Manitoba border blockade expected to end Wednesday

'Resolution' reached, Mounties say

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Another protest blockade of a key Canada-U.S. trade corridor is expected to wrap up by Wednesday. Manitoba RCMP on Tuesday reported they “are now confident that a resolution has been reached” with protestors who, since Thursday, have blockaded Highway 75 leading to the border crossing at Emerson, Man., about 100 km south of Winnipeg. The […] Read more
A customer dines at a Burger King outlet in Shanghai on June 27, 2005. (File photo: Reuters/Ming Ming)
Livestock, Markets, Reuters

Tim Hortons, Burger King parent to hike prices

BK pulling Whopper off discount menu

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Reuters — Burger King parent Restaurant Brands International said on Tuesday that it stripped its most famous sandwich, the Whopper, from discount menus and will raise menu prices again this year as to offset higher costs. U.S.-listed shares of the company rose more than three per cent after it topped results estimates for the fourth […] Read more
File photo of chicks on a genetic map of a chicken. (Peggy Greb photo courtesy ARS/USDA)
Livestock, Poultry/Eggs

Second Nova Scotia poultry operation hit with avian flu

U.S. also books outbreaks in two states

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A second farm in western Nova Scotia has been hit with highly pathogenic avian influenza in commercial birds, further expanding containment measures in that province. The Canadian Food Inspection Agency said Monday it confirmed high-path H5N1 on Wednesday last week in birds at a mixed farm in the area, where operations include poultry and poultry […] Read more
File photo of 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)
General, Machinery, Markets, Reuters

U.S. urges Canada to use federal powers to ease border protest disruption

Disruptions force automakers to reduce operations

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Windsor/Washington | Reuters — Canada should use federal powers to ease the growing economic disruption caused by the blockage of a vital U.S.-Canada trade route by protesters opposed to coronavirus mandates, U.S. President Joe Biden’s administration said on Thursday. The closure of the Ambassador Bridge, North America’s busiest international land border crossing and a vital […] Read more
(Xinzheng/Getty Images)
General, Markets, Reuters

China blocks Lithuanian beef, dairy, beer as Taiwan row grows

Canada seeks to join EU trade case against China

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Beijing/Vilnius | Reuters — China suspended imports of beef, dairy and beer from Lithuania this week, Lithuania’s veterinary control agency said on Thursday, amid a growing trade dispute over the Baltic nation’s relations with Taiwan. China’s General Administration of Customs had informed the country it was halting the exports due to “lack of documentation,” the […] Read more

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