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Poultry

File photo of signage outside Maple Leaf Foods’ Lagimodiere Boulevard plant in Winnipeg. (Dave Bedard photo)
Livestock, Markets

Maple Leaf sees ‘inflection point’ beyond red ink of 2022

Packer books net losses in Q4, full-year

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Another of Canada’s major pork and poultry packers has reported significant net losses in its 2022 ledger, but sees “green shoots” suggesting a return to normal pork markets and stable supply chains this year. Maple Leaf Foods on Thursday reported a net loss of $311.89 million on $4.739 billion in gross sales for its fiscal […] Read more
(File photo by Dave Bedard)
Livestock, Machinery

Cyberattack a $23 million hit on Maple Leaf ledger

Company refused to pay ransom

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Last fall’s ransomware attack at pork and poultry packer Maple Leaf Foods led to an “adverse economic impact” of $23 million or more on the company’s bottom line as it worked to restore systems, officials said. The company on Thursday released that estimate as part of its fourth-quarter financial report, in which it booked a […] Read more
(RyanJLane/E+/Getty Images)
Livestock

Meat lobby says U.S. voluntary label rule could spur trade action

Ottawa to review Washington's proposed 'Product of USA' rule

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U.S. meat industry lobbyists say Washington’s proposed new rules governing voluntary ‘Product of USA’ or ‘Made in the USA’ labels would “impose the same standard” as that country’s now-defunct mandatory country-of-origin labelling (COOL) law — and frustrate U.S. packers who import Canadian meat or livestock. The U.S. Department of Agriculture and its Food Safety and […] Read more
Wheat in progress west of Pathlow, Sask. on Aug. 1, 2022. (Dave Bedard photo)
General, Markets, Weather

Crop, livestock prices offset reduced marketings in 2022

StatCan data on farm cash receipts tracks recovery off 2021 drought

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New full-year data on Canada’s farm cash receipts in calendar 2022 show how increased commodity prices last year more than offset the drop in quantities sold. Statistics Canada on Tuesday released figures showing Canadian farm cash receipts in 2022 at $94.9 billion, up 14.1 per cent from 2021, including crop receipts of $53.9 billion (also […] Read more
File photo of a migrating flock of snow geese in Canada. (Pchoui/iStock/Getty Images)
Livestock, Poultry/Eggs, Reuters

Flu experts gather with H5N1 risk on the agenda

Threat to humans from current strain seen as low

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London | Reuters — The world’s leading experts on influenza met this week to discuss the threat posed to humans by a strain of H5N1 avian flu that has caused record numbers of bird deaths around the world in recent months. The group of scientists, regulators and vaccine manufacturers meets twice a year to decide […] Read more
(Olymel video screengrab via YouTube)
Livestock, Markets

Sollio books deeper loss for 2022

Olymel's fresh pork business takes biggest hit

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Domestic and international market-moving events have dragged hard on the year-end bottom line for Sollio Cooperative Group, particularly in its fresh pork business. Quebec-based Sollio — which operates the ag input and farm service business Sollio Agriculture, meat packer Olymel and hardware retailer BMR — on Thursday reported full-year revenues of $8.876 billion for its […] Read more
File photo of wild birds in flight over a lake in Uruguay. (Paz Roca/iStock/Getty Images)
Livestock, Poultry/Eggs, Reuters

More South American nations report bird flu cases

Brazil still remains free of contagion

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Sao Paulo | Reuters — The confirmation of more bird flu cases in South America raised alarm bells in Brazil, which remains free of contagion even after its close neighbours Argentina and Uruguay confirmed cases there on Wednesday. In a press conference to discuss the global sanitary hazard, Brazilian Agriculture Minister Carlos Favaro said Brazil, […] Read more
(Nadezhda_Nesterova/iStock/Getty Images)
Livestock, Markets

Bill to keep supply management off trade table moving forward

CCA, other groups oppose proposal as Bloc MP's private bill passes second reading

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A federal private member’s bill that would codify the current government’s promise to leave supply-managed ag commodities out of any future free trade deals has advanced to the committee stage. Introduced last June 13 by Bloc Quebecois MP Luc Theriault, Bill C-282 came back last Wednesday to pass second reading in the House of Commons […] Read more
(Stephen Ausmus photo courtesy ARS/USDA)
Livestock, Poultry/Eggs

Alberta poultry sector gets late entry for AgriStability

Participation deadline extended to end of month

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In the wake of avian influenza outbreaks in the region, Alberta poultry producers have been granted a late participation option to sign up for the federal/provincial AgriStability income stabilization program. Provincial Ag Minister Nate Horner on Wednesday announced the two levels of government have reached an agreement to allow poultry producers late participation in AgriStability […] Read more
File photo of a provincial border marker in Lloydminster. (Michele Gervais/iStock/Getty Images)
General

Borderline city hosts interprovincial food trade pilot

Trade barrier on pause for two years for food businesses serving Lloydminster

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The idea of loosening interprovincial trade in certain foods made by provincially-inspected processors will get a major test in one of Canada’s very few province-crossing municipalities. The Saskatchewan, Alberta and federal governments on Jan. 19 announced the start of a two-year pilot project within the limits of Lloydminster, a city of over 31,000 people straddling […] Read more

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