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CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures lower on profit-taking

August, October cattle limit down; June hogs also down

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Chicago | Reuters — U.S. live cattle futures closed lower on Monday, with some contract months falling their daily three-cent limit on profit-taking amid signs the U.S. meat-packing sector was stepping up beef production, traders said. Chicago Mercantile Exchange (CME) June live cattle futures settled down 1.975 cents at 92.675 cents/lb., after surging to a […] Read more
[Dave Bedard file photo]
Livestock, Reuters

Cargill to shut Montreal-area meat plant temporarily

Company says 64 workers tested positive for COVID-19

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Ottawa | Reuters — The Canadian arm of U.S. agribusiness Cargill said Sunday it would soon temporarily shut a Montreal-area case-ready meat plant after 64 workers tested positive for COVID-19. The plant is at Chambly, a South Shore suburb of Montreal, one of the worst hit cities in Canada. Cargill said it was winding down […] Read more
There are many ways to improve marketing tactics, says Brian Perillat, manager and senior analyst at Canfax.
Beef Cattle, Features, Markets

Marketing game plan crucial in uncertain times

Here’s how to craft marketing tactics to manage risk and fatten your profit margin

By
Beef producers face many uncertainties, from weather to market fluctuations. Profit margins are thin or even negative. All that risk and uncertainty can make it difficult to develop a good marketing plan or know when to tweak marketing strategies. But unexpected events are one reason producers need a good plan, says Anne Wasko, a market […] Read more
Prime Minister Justin Trudeau speaks at Rideau Cottage in Ottawa in this April 24, 2020 file photo. (Photo: Reuters/Blair Gable)
General, Markets

Trudeau pledges $252 million in COVID-19 aid for farmers, processors

Dairy commission's credit line extended for storage program

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Ottawa | Reuters — Canada will invest $252 million to help some of the country’s farming and food processing sectors weather the coronavirus outbreak, Prime Minister Justin Trudeau said Tuesday, adding more money could come later if needed. The Canadian Federation of Agriculture, one of Canada’s biggest farm groups, asked Ottawa last week for an […] Read more
(File photo by Dave Bedard)
Beef Cattle, Livestock

Cargill’s High River plant reopens with two slaughter shifts

Cutting line to resume Wednesday

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Cargill’s southern Alberta beef packing plant, estimated to be responsible for over a third of Canada’s beef processing capacity, restarted Monday after a two-week COVID-19-related shutdown — but at a quicker pace than previously expected. The company said in a statement Monday it is resuming operations at the High River plant “with two shifts” in […] Read more
Workers in the JBS beef plant at Brooks, Alta. appear in a screen shot from a 2018 corporate video. (JBS Canada video screengrab via YouTube)
Livestock, Reuters

As meat plant infections rise, Canada lets packers choose when to close

Beef plants at heart of Alberta's largest COVID-19 community outbreaks

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Winnipeg | Reuters — In Cargill’s High River, Alta. plant, supplier of more than one-third of Canada’s beef, 391 workers were sick with COVID-19 when the company suspended operations, according to provincial health officials. But Maple Leaf Foods decided to idle a poultry plant for eight days, in Brampton, Ont., after just three workers were […] Read more
CME June 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs climb on strong pork exports, wholesale prices

Packer margins, wholesale beef prices support live cattle futures

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Chicago | Reuters — U.S. lean hog futures rose on Thursday as bullish weekly U.S. pork export data and rising wholesale prices overshadowed worries about a slowdown in the U.S. hog slaughter pace backing up hog supplies, traders said. “You’ve got a combination of export sales being strong (and) the wholesale market trading very firm […] Read more
(File photo by Dave Bedard)
Beef Cattle, Livestock, Reuters

Cargill to restart High River beef plant Monday

Over 750 workers confirmed with COVID-19

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Ottawa | Reuters — Cargill said Wednesday it will start to reopen its beef processing plant at High River, Alta. on Monday after the plant was forced to close down because hundreds of workers had become infected with the coronavirus. In a statement, Cargill said it would resume operations after a 14-day temporary shutdown, with […] Read more
Cemetery employees fill in the grave of JBS USA meat packing plant employee Saul Sanchez on April 15, 2020 at Greeley, Colorado, following his death from COVID-19. (Photo: Reuters/Jim Urquhart)
Livestock, Markets, Reuters

Trump orders U.S. meat processing plants to stay open

Advocates call for protective equipment for plant workers

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Washington/Chicago | Reuters — President Donald Trump on Tuesday ordered meat-processing plants to stay open to protect the food supply in the United States, despite concerns about coronavirus outbreaks, drawing a backlash from unions that said at-risk workers required more protection. With concerns about food shortages and supply chain disruptions, Trump issued an executive order […] Read more

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