Livestock
(Resource News International) –– The decision by the Argentine government to shut down its beef exports in an effort to increase domestic supply will definitely open the door of opportunity for other major beef exporting countries, including Canada, an official with the Canadian Beef Export Federation said. Argentina’s agricultural trade office, Oncca, stopped issuing export […] Read more
Argentine beef ban seen benefiting Canada
Klassen: Feeder cattle prices softer
Dec. 21 — The western Canadian feeder cattle market has stabilized after a week of harsh weather. Year-end income management, along with lower numbers coming on the market, resulted in a slightly higher price structure. The U.S. feeder market was steady to $3 higher, but this had a limited effect on the weekly export pace. […] Read more
Pigeon King cooped by personal bankruptcy: reports
Ontario’s now-infamous Pigeon King, Arlan Galbraith, has been ordered into personal bankruptcy, which may allow investors in his pigeon-farming operations to claim some of his personal assets. The Kitchener-Waterloo Record reported Wednesday that Galbraith didn’t contest the order from the Ontario Superior Court of Justice in London during a brief hearing that day. Galbraith’s Pigeon […] Read more
Feds loan $2.3M for Ont. pork plant renos
Southwestern Ontario’s Conestoga Meat Packers has picked up a $2.3 million loan toward renovations to expand its product offerings. Conestoga in the past eight years has expanded its slaughter capacity to 14,000 head per week from 3,000 at its packing plant at Breslau, just east of Kitchener. The new renovations are meant to allow Conestoga […] Read more
Feds back Calgary Stampede site redevelopment
The federal government will put up $5 million toward a new office and operations building for the Calgary Exhibition and Stampede, as well as new exhibit space. The funding, flowing through Western Economic Diversification Canada, will go toward the new building and demolition of two buildings to clear space for a western cultural interpretive centre […] Read more
Hog farm exit plan’s second round funds 115 bids
Another 115 successful bidders in the federal government’s hog farm transition program (HFTP) will share a total of $24.504 million to fold up hog operations for at least three years. Results were announced Monday from the HFTP’s second tender, in which the weighted average of bids jumped to $872.91 per animal unit equivalent (AUE), with […] Read more
Klassen: Extreme temperatures temper feeder demand
Dec. 15 — The U.S. feeder market was $3 to $5 lower last week; Canadian values were steady to $3 lower. Adverse weather conditions across North America set a negative tone to the feeder market. Feedlots in Western Canada are dealing with extreme weather conditions and are not looking to bring in additional supplies at […] Read more
FCC named Outdoor Farm Show’s top-tier sponsor
A second logo will be attached to Canada’s Outdoor Farm Show in 2010 as the Ontario ag exposition has named its first “presenting sponsor.” The show’s full name for both 2010 and 2011 will be “Canada’s Outdoor Farm Show Presented by Farm Credit Canada,” show organizers announced last week. The show, billed as Canada’s premier […] Read more
Sask. court grants Big Sky extension
Saskatchewan’s largest hog production company has been granted an extension of its creditor protection until February, and now has until Friday (Dec. 18) to file its restructuring plan for its creditors. Justice Neil Gabrielson of Court of Queen’s Bench in Saskatoon granted the extensions to Humboldt-based Big Sky Farms last week. The court-ordered stay of […] Read more
P.E.I. beef plant refutes claim of lost carcasses
Claims in the provincial legislature that the Atlantic Beef Products plant on Prince Edward Island destroyed 125 beef carcasses are “completely unfounded,” the company’s chairman said Friday. The allegations were made during question period in the legislature earlier this week, the provincial government said in a release. “The plant has never had any reason to […] Read more
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