Unionized workers at Cargill’s cattle slaughter and processing plant at High River, Alta. will start strike action next month unless a deal can be reached with the company, their union said Wednesday. A strike would begin at High River no sooner than Dec. 6 at 12:01 a.m. if a new collective bargaining agreement isn’t reached […] Read more
Cargill beef plant workers serve strike notice
Without a deal, High River workers will walk Dec. 6
U.S. livestock: CME hog futures up on slaughter speed plan
December live cattle touch two-month high, end lower
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Wednesday after the U.S. Department of Agriculture (USDA) said it will allow nine pork processing plants to apply to operate faster line speeds under a pilot program. The announcement eased concerns that slower processing speeds had slowed meatpackers’ demand for pigs to slaughter, […] Read more
U.S. grains: Wheat futures rally as global stocks tighten
CBOT corn, soybeans also strong
Chicago | Reuters –– U.S. wheat futures rallied on Wednesday, with the front-month K.C. hard red winter wheat contract jumping to its highest in 7-1/2 years, on concerns about tightening global supplies and strong export demand. Corn futures also rose, with the most-active contract surging 2.6 per cent in its biggest daily percentage gain in […] Read more
ICE weekly outlook: Canola’s trend line still pointed higher
MarketsFarm — The ICE Futures canola market strengthened during the week ended Wednesday, hitting fresh highs in many contract months. “The trend remains up,” analyst Mike Jubinville of MarketsFarm Pro said. “The price of canola needs to be put at a level that discourages exports, while the domestic crushers actively pursue attaining as much of […] Read more
Feed weekly outlook: Barley, wheat prices among highest ever
MarketsFarm — Feed grain prices continue to push higher following a somewhat disappointing harvest on the Prairies this year, according to Glen Loyns, general manager of JGL Commodities at Moose Jaw, Sask. “We’re seeing upticks on all feed. Everything is up. You’re seeing high prices on wheat and barley. And you’re going to continue to […] Read more
Cargill close to resolving slow grain payments to farmers
Producers delivering now can expect their money right away, but the firm is still working on some payments for previously delivered grain
Cargill is closer to fixing problems with paying farmers promptly for their delivered grain. “They [Cargill] have worked through most of the issues,” Canadian Grain Commission spokesman Remi Gosselin said in an interview Tuesday. “Our understanding at the grain commission is that there should be no issues on a go-forward basis for future deliveries and […] Read more
B.C. calling halt to mink farming
Live mink on farms to be banned in 2023
British Columbia’s remaining mink farmers are “devastated” by the province’s proposal to phase out their industry over risks related to COVID-19. The province announced Friday it’s starting the process toward a permanent ban on mink farming — beginning with a ban on mink breeding, followed by a ban on live mink on farms by April […] Read more
APEC ministers call for curbs on farm, fuel, fishing subsidies
Washington/Wellington | Reuters — Pacific Rim trade and foreign ministers on Tuesday pledged to sustain the recovery from the coronavirus pandemic while pursuing talks to curb subsidies for fisheries and agriculture at a forthcoming World Trade Organization meeting. The ministers from the 21 Asia Pacific Economic Cooperation (APEC) countries said in a communique issued after […] Read more
Conservatives’ Barlow to return as federal ag critic
NDP, Bloc incumbent critics to return
A former agriculture critic for the federal opposition Conservatives will again handle the file when the House of Commons resumes sitting in two weeks. Conservative leader Erin O’Toole on Tuesday named John Barlow, MP for the southwestern Alberta riding of Foothills, as shadow minister for agriculture, agri-food and food security. As ag critic, Barlow replaces […] Read more
U.S. livestock: USDA lifts estimates for beef production, cattle prices
December live cattle up, lean hogs lower
Chicago | Reuters — The U.S. Department of Agriculture on Tuesday raised its forecast for beef production and cattle prices in 2021 and 2022 due to strong demand and heavier livestock. Robust sales of U.S. beef to domestic consumers and overseas buyers have helped support Chicago Mercantile Exchange (CME) cattle futures. USDA, in a monthly […] Read more
Canadian Cattlemen Presents: Depth of Field
