Livestock
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
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Cargill to shut Montreal-area meat plant temporarily
Company says 64 workers tested positive for COVID-19
U.S. livestock: Cash cattle, futures up on beef packer scrutiny
Profit-taking continues to drag on lean hogs
Chicago | Reuters — U.S. live cattle futures rose on Friday along with cash prices as the federal government probed the beef market. The price of cattle in the cash market has rebounded since U.S. President Donald Trump on Wednesday said he had urged the federal Justice Department to look into allegations that the meatpacking […] Read more
U.S. livestock: June cattle limit up on surging beef prices, meat shortages
Lean hogs down on profit-taking
Chicago | Reuters — U.S. live cattle futures surged by their daily trading limits for a second straight session on Thursday on soaring beef prices and concerns about meat shortages because of recent packing plant closures due to the coronavirus. Shuttered slaughterhouses across North America due to the pandemic have left ranchers nowhere to ship […] Read more
Trump asks U.S. Justice Department to look into meat price disparities
Washington | Reuters — U.S. President Donald Trump said on Wednesday he had urged the Justice Department to look into allegations that the meatpacking industry broke antitrust law because the price that slaughterhouses pay farmers for animals had dropped even as meat prices rose. “I’ve asked the Justice Department to look into it. … I’ve […] Read more
U.S. livestock: Futures surge on technical buying as plants reopen
CME cattle futures close limit up
Chicago | Reuters — U.S. cattle and hog futures rose on Wednesday amid a flurry of technical buying — with some live and feeder cattle futures surging to daily trading limits — as investors said they were keeping a close eye on signs of packing plants reopening in the wake of coronavirus infections among workers. […] Read more
Klassen: Yearlings trade lower, calves ratchet higher
Compared to last week, western Canadian yearling prices were $4-$6 lower; mid-weight feeder cattle traded $2 higher to $4 lower. Lighter calves and grassers were quite variable. In Alberta, these cattle ranged from unchanged to as much as $8 higher on average while in the eastern Prairie regions, calves traded $4 lower to $4 higher. […] Read more
U.S. livestock: Cattle, hogs slide after three days of gains
"The workers are spooked to come to work"
Chicago | Reuters — U.S. cattle and hog futures retreated on Tuesday in a profit-taking setback after three sessions of gains that were fueled by rising meat prices and concerns about meat shortages as several packing plants have closed due to coronavirus infections among workers. Benchmark June lean hog futures corrected after gaining nearly 18 […] Read more
Smithfield starting to reopen Sioux Falls hog plant, union says
Major plant was shuttered by COVID-19 outbreak
Chicago | Reuters — Smithfield Foods, the world’s biggest pork processor, resumed limited operations on Monday at a massive South Dakota slaughterhouse it closed last month because of the coronavirus pandemic, the union representing plant employees said. The closure of the plant and other slaughterhouses due to coronavirus cases among employees has led to temporary […] Read more
‘Murder hornet’ findings worry agriculture officials
Invasive pest known to decapitate honeybees, take over hives
Reuters — The Asian giant hornet — an invasive, predatory insect dubbed the “murder hornet” — has been seen in the Vancouver area and may pose a threat to the beekeeping industry and potentially to people if it establishes there, a U.S. official said Monday. The stinging Vespa mandarinia can grow as large as 2-1/2 […] Read more
Cargill’s High River plant reopens with two slaughter shifts
Cutting line to resume Wednesday
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
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