Livestock
Chicago | Reuters — U.S. lean hog and live cattle futures closed higher on Monday, as meat processing facilities began to open after closures of more than 20 plants due to coronavirus illnesses among workers. Rising pork and beef cutout prices have also helped give futures a boost on Monday, said Mark Schultz, chief analyst […] Read more
U.S. livestock: Cattle, hog futures inch up as plants reopen
Rising wholesale prices support futures
Hook space at a premium in small rural abattoirs
Pandemic has some producers considering selling direct to consumers
Reading Time: 4 minutes The phone hasn’t stopped ringing at Alberta Prairie Meats since the news broke that Cargill’s beef-processing plant was being temporarily shut down. “The minute that the Cargill situation was announced, our phones started ringing off the hook,” said Jim Johnson, who owns and operates the abattoir in Duchess. “We finally got so inundated with orders […] Read more
Where will all the cattle go?
Reading Time: < 1 minute The cattle sector is facing an unprecedented crisis as COVID-19 forces packing plants to temporarily close or slow down production. Alberta’s two big cattle facilities, which process nearly three-quarters of Canada’s beef, have both been hit hard by the pandemic and that’s already created a backlog. Producers who direct market beef — such as Grazed […] Read more
B.C. health officials order two more poultry plants closed
Over 50 COVID-19 cases found at Superior Poultry
Health officials in British Columbia’s Fraser Valley have ordered two more poultry processing plant closed after multiple cases of COVID-19 were confirmed among employees. Fraser Health announced April 24 it had ordered Superior Poultry Processors of Coquitlam to close after two employees of the chicken processing plant tested positive for the coronavirus. The health district […] Read more
U.S. livestock: Cattle, hog futures climb with wholesale meat prices
About 20 North American meat plants offline
Chicago | Reuters — U.S. live cattle futures closed higher on Friday after touching a three-week top, buoyed by firm cash cattle values and surging wholesale beef prices as labor shortages slow the U.S. slaughter pace, traders said. New-month buying by speculators may have also lent support, they said. Chicago Mercantile Exchange June live cattle […] Read more
As meat plant infections rise, Canada lets packers choose when to close
Beef plants at heart of Alberta's largest COVID-19 community outbreaks
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
U.S. livestock: Hogs climb on strong pork exports, wholesale prices
Packer margins, wholesale beef prices support live cattle futures
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
COVID-19 surges at reopened JBS Colorado beef plant, union says
A sixth worker has died, UFCW local chief says
Chicago | Reuters — COVID-19 cases at a JBS meatpacking plant in Colorado have more than doubled “in a number of days” and a sixth employee died of the virus, a union official said on Thursday, underscoring the risks of U.S. meat plants reopening. The beef plant at Greeley, about 65 km north of Denver, […] Read more
Major Ontario pork packer expects to re-open Monday
Conestoga Meats went offline April 27
The hog slaughter and processing plant billed as Ontario’s second-biggest pork producer expects to be back in business Monday after a week-long COVID-19-related shutdown. Conestoga Meats, based at Breslau, just east of Kitchener, notified hog farmers and shippers on Friday that it would suspend “most operations” during the week of April 27 to May 1, […] Read more
Producers need $35 a hog immediately, says Alberta Pork
Sector facing losses of $675 million and ‘desperately needs a lifeline’ in the face of plunging prices
Reading Time: 3 minutes Alberta’s pork producers need government aid of $35 a head just to keep their heads above water in the short term, say industry officials. “The hog industry desperately needs a lifeline,” said Alberta Pork chair Brent Moen. “Our producers are drowning in a sea of red ink, and we have our federal and provincial bureaucrats […] Read more
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