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Livestock, Reuters

ADM, InnovaFeed to build world’s biggest insect protein plant in Illinois

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Chicago | Reuters — U.S. grain trader and processor Archer Daniels Midland and French biotech company InnovaFeed announced plans on Thursday to build the world’s largest insect protein plant at Decatur, Illinois. The announcement comes amid rising global feed grain prices and tightening supplies, and as more companies work toward reducing the carbon footprint of […] Read more
Livestock, Markets, Reuters

Irritated trade partners push back on China’s coronavirus food tests

Canada rips testing as 'unjustified trade restrictions'

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Beijing/Geneva | Reuters — Major food-producing countries are growing increasingly frustrated with China’s scrutiny of imported products and are calling on it to stop aggressive testing for the coronavirus, which some say is tantamount to a trade restriction. China says it has found the virus on the packaging of products from 20 countries including German […] Read more
Livestock, Reuters

JBS gears up for U.S. and Brazil expansions

Brazilian meat giant reiterates plans following strong Q3 results

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Sao Paulo | Reuters — Food processor JBS SA reiterated plans to grow production capacity in Brazil and in the United States after posting strong third quarter results, executives said in a conference call to discuss earnings on Thursday. CEO Gilberto Tomazoni said 12 of the company’s plants in Brazil were being expanded, as JBS […] Read more
Livestock, Poultry/Eggs

Quebec poultry packer to shut ex-Maple Leaf plant

Giannone to close Drummondville facility

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The new owner of an antibiotic-free poultry processing plant in the Centre-du-Quebec region is set to shut the plant next week after a “thorough review” of its condition. Volaille Giannone announced Friday it will close the former Avicomax plant at Drummondville effective Nov. 6, after having bought it from Maple Leaf Foods in July for […] Read more
Beef Cattle, Livestock, Markets, Reuters

JBS to seek damages from founders

Brazil shareholder vote a win for Brazil's BNDES

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Sao Paulo | Reuters — Shareholders in JBS SA on Friday cleared the way for the Brazilian food processor to sue its own controlling stakeholders and certain former managers, a rare victory for shareholder activism in Latin America’s largest economy. The vote was a win for JBS’s top minority shareholder, national development bank BNDES, which […] Read more
General

Former federal ag minister Don Mazankowski, 85

Long-time Alberta Tory MP deemed a 'minister of everything'

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A private memorial is planned for long-time Alberta MP Don Mazankowski, whose work in the cabinets of prime ministers Brian Mulroney and Joe Clark included a stint as Canada’s minister of agriculture. Mazankowski, the MP for the east-central Alberta riding of Vegreville from 1968 to 1993, died late Tuesday at age 85, his family said […] Read more
Dairy Cattle, Livestock, Markets

Dairy farmers press feds on compensation promises, again

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Canada’s dairy farmers are again calling on the federal government to make good on its promise to compensate producers, after giving up market share of the supply-managed industry to more foreign competitors through trade pacts. The Liberal government, most recently in its Sept. 23 speech from the throne, has told Dairy Farmers of Canada (DFC) […] Read more
Livestock, Markets, Poultry/Eggs, Reuters

Pilgrim’s Pride strikes deal over U.S. chicken price-fixing charges

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Reuters — U.S. poultry company Pilgrim’s Pride Corp. said Wednesday it will pay a US$110.5 million fine after striking a plea deal with the Justice Department over price-fixing charges on chicken products. The guilty plea makes Pilgrim’s Pride, mostly owned by Brazilian meatpacker JBS, the first U.S. chicken company to reach an agreement with the […] Read more
Livestock, Markets, Reuters

JBS parent pleads guilty to U.S. foreign bribery charges

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New York/Rio de Janeiro | Reuters — Brazil’s J+F Investimentos, parent company of the world’s largest meatpacker, JBS, pleaded guilty to U.S. foreign bribery charges and agreed to pay US$128.25 million in criminal fines, prosecutors said on Wednesday. J+F is paying only half of the $256.5 million fines levied due to settlements made with Brazilian […] Read more
General, Reuters, Weather

World Food Program seeking billions within six months to avert famine

Pandemic may double hunger worldwide, agency says

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London | Reuters — The United Nations World Food Program (WFP) will need to raise US$6.8 billion over the next six months to avert famine amid the COVID-19 crisis, the agency said on Tuesday. The WFP, which was awarded the Nobel Peace Prize last week for its efforts to prevent the use of hunger as […] Read more

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