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JBS still seeks U.S. unit IPO

Sao Paulo | Reuters — JBS SA will proceed with plans to list a U.S.-based unit when market conditions allow, as the world’s No. 1 meatpacker wrestles with a shareholder revolt over the role of the controlling Batista family in a massive graft scandal. In a Tuesday conference call to discuss second-quarter results, CEO Wesley […] Read more


Federal Agriculture Minister Lawrence MacAulay and B.C. Agriculture Minister Lana Popham met Wednesday in Victoria. (Photo courtesy AAFC)

Options weighed for AgriRecovery in B.C. fire zones

Officials in British Columbia are now gauging what sorts of damages and expenses can be covered through an AgriRecovery plan for ranchers and farmers affected by wildfires. The federal and B.C. governments announced Wednesday they’re “working together to quickly assess the extraordinary costs farmers are incurring and what additional assistance may be required to recover […] Read more

In June, the U.S. gained access for several of its beef products. The Canadian government needs to engage China on behalf of Canadian beef producers to gain similar access.

CCA Report: Keeping tabs on trade

From the August 2017 issue of Canadian Cattlemen

Advocating for resources for the wildfires in British Columbia, preparing for the renegotiation of the North American Free Trade Agreement (NAFTA), achieving equivalent trade access with the U.S. in China are among the priority issues keeping the Canadian Cattlemen’s Association (CCA) busy this summer. The CCA is making officials aware of the need to address […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle rebound after bargain hunters step in

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed sharply higher on Tuesday, ignited by bargain buying after burdensome supplies recently sank the contract to eight-month lows, said traders. “Everybody was just overly bearish and we had lots of long liquidation by funds pushing the market down. So we’ve got to where there […] Read more






(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle retreat on softer cash price outlook

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday on expectations for lower prices for slaughter-ready, or cash, cattle this week amid ample supplies, traders said. The decline triggered pre-determined sell orders, and funds sold the October contract after it slipped beneath its 200-day moving average of 107.183 cents (all figures […] Read more