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Coming Up in Canadian Cattlemen: April 6, 2020

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Features, Livestock

Why I need nerds

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Beef Cattle, Livestock

Ranchers talk turkey about purebred bulls

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Dairy Cattle, Livestock

Pandemic planning leads to staff cuts at Agropur

Dairy co-operative enters 'business continuity' mode

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Dairy co-operative Agropur’s “business continuity” plan against the COVID-19 pandemic calls for job cuts and layoffs for about three per cent of its total workforce. Longueuil, Que.-based Agropur announced Thursday it will eliminate 60 positions and temporarily lay off another 200 employees, all from its Canadian operations. In the “unprecedented context” of COVID-19, Agropur said […] Read more
Livestock, Markets, Reuters

U.S. livestock: Hog futures drop to 3-1/2 year low

Cattle also limit down on coronavirus pandemic

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Chicago | Reuters — U.S. hog futures dropped to a 3-1/2 year low on Thursday while cattle tumbled as recession concerns and surging U.S. unemployment due to the coronavirus pandemic triggered broad liquidation across the battered livestock markets. Both live and feeder cattle and lean hogs dropped by their daily trading limits for a second […] Read more
Livestock

Alberta’s provincial meat inspectors to train for federal duty

Provincial inspectors to be seconded to CFIA-inspected packers

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Provincial meat inspectors in Alberta could soon be seconded to federally inspected packing plants under a new work-sharing arrangement between the province and Canadian Food Inspection Agency. The federal and Alberta governments announced Wednesday they would partner to “increase food inspector capacity” in the province and thus “ensure the continuous operation of Alberta’s food supply […] Read more
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs limit down on coronavirus fears

Market has to 'reevaluate' supply/demand picture

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Chicago | Reuters — U.S. livestock futures on the Chicago Mercantile Exchange (CME) plunged by their daily trading limits on Wednesday as stricter coronavirus emergency measures hammered stock markets and deepened worries about a global recession. Live cattle futures dropped for the fourth time in five sessions, erasing all of the prior session’s gains, while […] Read more
Dr. Annick Bertrand, a plant physiologist with AAFC in Quebec, checks the progress of cross-pollinated alfalfa plants selected for winter hardiness.
Beef Cattle

Coming Up in Canadian Cattlemen: April 6, 2020

A look at some of the stories in the April issue of the magazine.

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I hope you are all staying safe and well in the midst of this pandemic. There are many uncertainties, but as beef producers, your work has never been more important than it is right now. COVID-19 is renewing the public’s appreciation for those who grow and raise our food, along with other workers in the […] Read more
Beef Cattle, Livestock, Markets, Reuters

U.S. senators scrutinize meat packers’ profits during pandemic

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Chicago | Reuters — U.S. senators are calling for investigations of record profit margins for beef processors such as Tyson Foods and Cargill, after ranchers complained surging meat prices due to coronavirus hoarding did not translate into higher cattle prices. Futures prices for cattle have tumbled during the outbreak, worrying farmers as the U.S. economy […] Read more
Livestock, Markets, Reuters

U.S. livestock: Cattle futures jump in end-of-month, -quarter rebound

Lean hog futures up in most months

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Chicago | Reuters — U.S. live cattle futures rallied by as much as the daily three-cent trading limit on Tuesday in an end-of-month and end-of-quarter profit-taking bounce following a steep drop fueled by concerns about the fast-spreading coronavirus and its economic impact. The recent dive in prices as governments imposed stay-at-home orders and restrictions on […] Read more
Finishers, Livestock, Markets

COVID-19 strains already-battered Ontario beef industry

Limited processing capacity remains financial challenge for province's feedlot sector, despite recent increase in retail demand

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Ontario’s beef industry was already in the midst of an economic crisis, but COVID-19 is worsening the financial toll on the province’s cattle feeders. Due to extremely limited processing plant capacity, an uncompetitive market and disruptions to trade and market access, Ontario’s beef industry was losing an average of more than $2 million per week […] Read more

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending March 27, 2020.

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