Following its U.S. arm’s move this spring, McDonald’s now plans to source only chicken raised without medically important antibiotics for its restaurants in Canada by the end of 2018. And Canada’s chicken producer group says the Canadian chain’s move dovetails with a direction the Canadian industry was headed already. “McDonald’s believes antibiotics have important benefits, […] Read more
McDonald’s Canada to tighten antibiotic policy for chicken
Tim Hortons owner profit beats Street on lower costs, new items
Reuters — Restaurant Brands International, owner of Burger King and Tim Hortons, reported a better-than-expected quarterly profit, helped by new menu items and lower costs. Most of Restaurant Brands outlets are in the U.S. and Canada. But the company has been opening new restaurants in France, Brazil, Russia and India, following its peers such as […] Read more
Feed: Cheap Brazilian corn bound for U.S.
CNS Canada –– Following are a few highlights in the Canadian and world feed grains markets on Tuesday, Oct. 27. • CBOT corn futures were weaker on Tuesday, with the December contract quoted at US$3.8025 per bushel at midsession, as the advancing U.S. harvest weighed on values. • Sorghum production in Mexico “has been plagued […] Read more
Indonesia’s president says country intends to join TPP
Washington | Reuters –– Indonesian President Joko Widodo, speaking after a meeting with U.S. President Barack Obama on Monday, said his country intends to join the Trans-Pacific Partnership trade deal the U.S. has forged with Canada and 10 other countries. “We are the largest economy in Southeast Asia,” Widodo said through a translator. “And Indonesia […] Read more
Cancer ‘hazard’ not a cancer ‘risk,’ meat industry cautions
A new report classifying processed meats such as hot dogs and bacon as “carcinogenic” to humans doesn’t set out a cause-and-effect link between meats and cancer, industry groups caution. The International Agency for Research on Cancer (IARC), a research arm of the World Health Organization, on Monday published a report placing processed meats in its […] Read more
Feed: U.S. cattle on feed edge up
CNS Canada –– Following are a few highlights in the Canadian and world feed grains markets on Monday, Oct. 26. • CBOT corn futures were stronger on Monday, with the December contract quoted at US$3.845 per bushel, as a rally in wheat provided spillover support. However, the advancing US harvest and generally improving yield prospects […] Read more
Processed meat can cause cancer, red meat probably can: WHO
Paris | Reuters — Eating processed meat can lead to bowel cancer in humans while red meat is a likely cause of the disease, World Health Organisation (WHO) experts said on Monday in findings that could sharpen debate over the merits of a meat-based diet. The France-based International Agency for Research on Cancer (IARC), part […] Read more
Alta. names new deputy ag minister
A former assistant deputy minister in municipal affairs is now Alberta’s chief agricultural bureaucrat. Beverly Yee was named Thursday as the new deputy minister for agriculture and forestry, replacing Jason Krips. Yee, who has worked for the province since 1994, has held several executive management positions, the province said. Her most recent posting was as […] Read more
McDonald’s stock hits record high as turnaround takes hold
Reuters — McDonald’s Corp. shares hit an all-time high on Thursday after CEO Steve Easterbrook said a rebound in quarterly restaurant sales showed his turnaround plan is starting to work. Global sales at established restaurants were up a much better-than-expected four per cent in the third quarter, ending six straight quarters of flat or falling […] Read more
Global markets: Apple in China, U.S. oil rig flatlining
CNS Canada –– The following is a glance at the news moving markets globally. APPLE CEO SAYS HE IS NOT WORRIED ABOUT OPENING STORE IN CHINA — Apple CEO Tim Cook has said he is not concerned about opening a new store in China, despite the country’s recent economic downturn. China has seen losses in […] Read more
Cyber-Savvy Farmer
