Workers of the world’s largest meat company, JBS, agreed to return to work at a beef plant in Greely, Colorado after it agreed to resume negotiations.
Striking JBS workers to return to Colorado plant on promise of talks
Alberta producers must repay AgriStability benefits after cattle pricing error
AFSC says a modelling inconsistency in heavy weight cattle prices led to overpayments in the 2024 program year and is offering flexible repayment arrangements to affected clients
Reading Time: 2 minutes An issue in the AgriStability model for heavy weight cattle in 2024 means some Alberta producers will have to pay back their benefits.
JBS posts flat Q4 profit on record sales but lower U.S. beef margins
Brazil’s JBS, the world’s largest meatpacker, reported a near-flat fourth-quarter net profit on Wednesday, as record revenue was offset by tighter margins, particularly in its U.S. beef business.
Chicago cattle futures surge as corn falls, Colorado packer strikes
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Feeder cattle futures surge on lower corn prices and expected tight supplies in USDA's Cattle on Feed report as JBS workers strike in Colorado.
U.S. cattle ranchers search for feed as wildfires burn grazing lands
Pasture lands have been stripped down to a sea of sand after wildfires tore across the U.S. Plains, killing cattle and wiping out their food sources, and threatening a historically small herd already linked to rising beef prices.
Trump signs proclamation increasing Argentine beef imports
U.S. President Donald Trump on Friday signed a proclamation to hike the country’s low-tariff imports of Argentine beef, though economists have said the attempt to lower costs for American consumers will likely have little impact on prices.
Brazil surpassing U.S. as top beef producer, easing global supply squeeze
Brazil surpassed the U.S. as the world’s top beef producer last year, according to market estimates, after the South American country beat output forecasts by hundreds of thousands of tons, easing a global supply squeeze and helping limit a surge in meat prices.
Want to track the cattle industry? Follow the heifers
Beef analysts look beyond the crystal ball to heifer data and consumer debt
Reading Time: 2 minutes Beef specialists examine key indicators in Canadian market for growth patterns in cattle markets
Maritime beef producers get price protection
Two-year pilot gives Maritime producers an equivalent program to the rest of the country
Producers in New Brunswick and Prince Edward Island, and soon Nova Scotia, will have access to a program that will allow them to purchase insurance on price protection for their beef cattle in case of an unforeseen market disruption.
Few winners despite big jump in cattle prices
While prices are the highest in eight years, it’s a different story when it comes to margins
Reading Time: 3 minutes Cattle prices are the highest in years, with record production despite a contracting national herd. These should be signs of health in Canada’s beef sector, but instead there’s pain throughout the value chain, says an industry expert. “The number of winners in an inflationary price environment are actually few and far between because all of […] Read more