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Tag Archives COVID-19

(JBSFoodCanada.ca)
Beef Cattle, Hogs, Livestock, Reuters

JBS to resume U.S. share listing plan after COVID-19 fallout

Management looking also for US$100 million in cost cuts

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Sao Paulo | Reuters — Brazil’s JBS SA is reviving plans to list shares on Wall Street after dealing with the COVID-19 pandemic’s fallout, CEO Gilberto Tomazoni said on Friday, as the world’s largest meatpacker reported strong quarterly results. Speaking on a conference call with analysts following the company’s second-quarter results, Tomazoni said the focus […] Read more
Officials at the Aug. 13, 2020 rollout of the federal surplus food program included (l-r) Julie Marchand of Food Banks of Quebec, Agriculture Minister Marie-Claude Bibeau, Claude Dulude of Nutri Group, Marie-Jose Mastromonaco of Second Harvest, Tania Little of Food Banks Canada and Serge Lefebvre of Nutri Group. (Photo courtesy Agriculture and Agri-Food Canada)
Fruit/Vegetables, Livestock, Markets

Feds line up projects for surplus food program

NGOs backed to gather, distribute 12 million kg of food

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The federal government has lined up eight projects to source and distribute perishable produce, meat, eggs and seafood piling up across Canada due to the COVID-19 pandemic. As part of the federal pandemic response, Prime Minister Justin Trudeau announced in early May that Ottawa would budget $50 million for a food surplus purchase program. The […] Read more
(Dave Bedard photo)
Beef Cattle, Livestock

McDonald’s resuming all-Canadian beef supply

'Supply adjustment' ends next month, company says

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Updated, Aug. 18 — McDonald’s Canada’s pandemic-related “supply adjustment,” in which the burger chain cut its Canadian beef purchases to below 100 per cent, is set to end next month. The Canadian arm of the U.S. fast food giant announced Thursday it will resume its pre-pandemic policy of sourcing 100 per cent Canadian beef, starting […] Read more
Plants at Delta 9 Cannabis’ indoor production facility in Winnipeg. (Dave Bedard photo)
Crops, Markets, Reuters

Cannabis industry readies for M+A after COVID-19 boosts weed demand

Companies betting on U.S. market growth after election

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Reuters — After nearly a year of next-to-no dealmaking, cannabis companies are gearing up for mergers and acquisitions (M+A) as realistic stock valuations and the prospect of U.S. legalization attract buyers to a sector that has been decimated by oversupply and other issues, executives and investors say. Profitable cannabis companies want to buy their way […] Read more
(File photo by Dave Bedard)
Hogs, Livestock

Union seeks temporary halt for major Manitoba hog plant

Four Maple Leaf plant staff now COVID-positive

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The union for about 2,000 workers at Maple Leaf Foods’ main Canadian hog slaughter and packing plant is calling for the company to put the brakes on production, pending further tests for COVID-19 among employees. United Food and Commercial Workers (UFCW) Local 832 said Thursday it was “made aware” late Wednesday night of three more […] Read more
The money will be aimed at improving living quarters for temporary foreign workers, the federal government said. Photo: Getty Images
Fruit/Vegetables, General

Feds put up $58.6 M for temporary foreign worker supports

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Glacier FarmMedia – The federal government is announcing $58.6 million in new money to further support temporary foreign workers in Canada’s agricultural sector, it was announced July 31. Spending is expected to focus on health and safety of temporary foreign workers in Canada. Farmers will be eligible to access $35 million, administrated through Agriculture and […] Read more
Photo: Canada Beef Inc.
Livestock, Reuters

Alberta loosens animal slaughter rules after pandemic hit packers

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Reuters – Canada’s main cattle-producing province, Alberta, said on Wednesday it would allow the slaughter of animals on farms for meat sales to consumers, loosening regulations after the coronavirus pandemic interrupted production at its biggest packing plants. Alberta previously restricted the consumption of meat from animals slaughtered outside of government-inspected plants to farmers and their […] Read more
Photo: iStock/Getty Images Plus
General

National COYF cancelled for 2020

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The national Canada’s Outstanding Young Farmer (COYF) event, previously scheduled to be held in Saskatoon in December this year, has been cancelled due to COVID-19. In a statement in the ‘Land Leader’, the official publication of the COYF program, Steve Cooper, the organization’s chair, said, “the Saskatchewan Hosting committee for the 2020 National Event advised […] Read more

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