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(JBSS.infoinvest.com.br)
Beef Cattle, Livestock, Reuters

Brazil blocks JBS deal, seeks asset freeze

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Brasilia | Reuters — A Brazilian judge has blocked JBS SA’s planned sale of a South American unit while the attorney general’s office urged the company’s assets be frozen, in signs of fallout from a corruption probe involving the controlling shareholders of the world’s No. 1 meatpacker. Federal Judge Ricardo Leite blocked JBS’s US$300 million sale […] Read more
(USDec.org)
Dairy Cattle, Livestock

Dairy protection sought ahead of NAFTA talks

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CNS Canada — The head of Canada’s dairy industry group highlighted the role of Canadian dairy producers in the domestic market, as the potential for trade agreement renegotiations loom. U.S. President Donald Trump said earlier in the year he was considering pulling the U.S. from the North American Free Trade Agreement (NAFTA), but later shifted […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Hogs, Livestock, Markets

Hog rally good news, but exports needed long-term

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CNS Canada — The recent rally in U.S. hog futures offers hedging opportunities and cash prices are supported for the short term, but Tyler Fulton at Hams Marketing tempers optimism for the longer-term outlook. “We have advocated for hedging, particularly for the fall and winter timeframe,” he said. However, he cautioned, the current rally is […] Read more
(Thinkstock photo)
Dairy Cattle, Livestock

Eastern dairy farmers get big quota increase

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The eastern Canadian provinces have approved a five per cent dairy quota increase — their largest one-time quota increase since the daily quota system was implemented in 1998. It will also be implemented quickly, on July 1. The five provinces — Prince Edward Island, New Brunswick, Nova Scotia, Quebec and Ontario — create quota policy […] Read more
cattle grazing
Livestock, News, News Roundup

It’s that anthrax time of year

Animal Health: News Roundup from the June 2017 issue of Canadian Cattlemen

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Anthrax spores can lurk in soil for decades and there’s no telling where the disease will pop up from year to year. All it takes is something that brings spores to the surface and the stage is set for an outbreak in cattle that happen to ingest them. Predicting when anthrax will occur in Canada […] Read more
(JBSsa.com)
Beef Cattle, Livestock, Reuters

JBS aims to shed Alberta feedlot in divestment plan

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Sao Paulo/Chicago | Reuters — Brazilian meatpacker JBS SA revealed a major divestment plan Tuesday, putting its Alberta cattle feeding assets and others on the block to cut debt after a corruption scandal raised concerns about its financing costs. JBS, whose controlling shareholder recently agreed to pay a massive leniency fine after becoming embroiled in […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock

Report sees Canadian meat prices rising at faster pace

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CNS Canada — Canadians will be paying more for meat than earlier thought in 2017, according to a new report from Dalhousie University. Expected price declines for other foods, however, will limit the impact on the total grocery bill in the country. In the mid-year update for Canada’s Food Price Report, researchers at Dalhousie in […] Read more

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