(JBSsa.com)

JBS bondholders consent to global reorganization

New York | IFR — A sufficient number of JBS bondholders have agreed to amend indentures allowing for a global reorganization of the meatpacker, the company said Wednesday. Under the plan, the company’s global operations and Brazil-based food processor Seara Alimentos will regroup under a new Ireland-based company, JBS Foods International. JBS USA and JBS […] Read more




Section of the Great Wall of China

Comment: China is next

Trade once again dominated the headlines since our last issue of Canadian Cattlemen arrived in your mailbox. In June we had the president of Mexico dropping in to announce his country would be willing to import a full range of Canadian beef products starting October 1. Canada Beef president Rob Meijer thinks this addition will produce […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market brewing but caution prevails

Western Canadian feeder cattle prices were steady to $4 higher relative to week-ago levels. Yearling volumes are starting to increase in central and northern Alberta while the southern and eastern regions experienced limited activity. Buyers’ opaque attitudes resulted in a firmer tone and no one could feel guilty for a minor intemperance. However, the circumspect […] Read more

(Scott Bauer photo courtesy ARS/USDA)

U.S. livestock: CME lean hogs up again on cash, pork prices

Chicago | Reuters –– Chicago Mercantile Exchange lean hog contracts closed higher for a second consecutive session on Monday, buoyed by stronger cash and wholesale pork prices, traders said. October ended 2.5 cents/lb. higher at 62.5 cents and December finished up 2.075 cents to 57.025 (all figures US$). Cash hog prices in the U.S. Midwest […] Read more


Producer Bob Lowe says the Canadian beef industry needs to get behind producing verified sustainable beef.

Sustainable beef is within our grasp

McDonald’s Restaurant project set the tone for Canadian beef industry

Alberta cattleman Bob Lowe didn’t have to do any management back flips on his ranch to produce cattle that under a recently completed pilot project qualify as “verifiable sustainable beef.” He has always aimed to apply sound production and environmental practices with his 500-head commercial cow-calf operation and 7,000-head-capacity southern Alberta feedlot. He and family […] Read more

(Fletchers.com)

Fletcher’s brand returns to Premium Brands

The Vancouver food processing firm formerly known as Fletcher’s Fine Foods is set to buy back the namesake brand it sold in 2004. Premium Brands, which rebranded in 2000 and sold its U.S.-based Fletcher’s Fine Foods bacon and sausage business to Sofina Foods, announced Monday it will buy the Fletcher’s U.S. business and assets for […] Read more


(CIA.gov)

Britain to plug EU funding gap for farms, colleges

London | Reuters — Britain will fill a gap of as much as 4.5 billion pounds (C$7.5 billion) in funding for agriculture, universities and its regions that will open up when Britain leaves the European Union, finance minister Philip Hammond said. Scientists, farmers and others who got EU funding were facing uncertainty after Britain voted […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Hogs jump in technical rebound

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly higher on Friday, rebounding from earlier losses on technical buying and short-covering following the midday expiration of the August contract, traders and analysts said. Gains in hog futures came after prices neared last week’s roughly four-month lows, and hogs could still face more […] Read more