Chicago | Reuters — CME lean hog futures on Wednesday fell to their lowest prices since January amid concerns about demand for U.S. pork, analysts said. Inflation and a decline in U.S. pork exports to China, the world’s top pork consumer, are hurting demand, analysts said. The consumer price index rose 8.3 per cent in […] Read more
U.S. livestock: CME lean hogs drop to January lows on demand worries
Live cattle up, feeder cattle down
Quebec group seeks to sue beef packers over pricing
Group's class-action application alleges price-fixing dating back to 2015
A Quebec consumer protection group intends to launch a class action lawsuit against four major beef processors in Canada and the U.S., alleging a “meat pricing conspiracy.” “At a time of high inflation, it is unacceptable to make the price of beef even more expensive than it already is,” Sylvie De Bellefeuille, a lawyer for […] Read more
AgriCommunication plan to seek farmer-consumer dialogue
Ag exhibitions among expected beneficiaries
The federal government has put up new funding toward improving consumers’ awareness of the “strengths” of Canada’s ag sector — and to improve farmer awareness of what those consumers want and expect. Agriculture Minister Marie-Claude Bibeau on Thursday announced an $8 million, three-year funding envelope for the first of two streams of what’s now called […] Read more
U.S. FTC votes to make ‘right to repair’ a priority
Commission also drops 1995 merger policy
Washington | Reuters — The U.S Federal Trade Commission voted Wednesday to make it a priority to address the issue of manufacturers pushing consumers to use licensed dealers to repair items ranging from smartphones to farm equipment, a practice that critics call anti-competitive. The five commissioners, three Democrats and two Republicans, voted unanimously to approve […] Read more
Schoepp: Consumers are looking beyond the brand, and that’s a big shift
Products like grass-fed beef and ‘milk’ made from oats create powerful images in the minds of people
Reading Time: 3 minutes If you have ever found yourself wandering up and down the grocery store aisle with a furrowed brow as you make purchasing choices, you are not alone. We have all at some time been lost in the aisles and deviated from the list of things we just were going to ‘pop in’ for. What drives […] Read more
CFIA to consult on new near-meat, non-meat guidelines
Clarity for labels, promotion, composition to be considered
“Greater clarity” in federal guidelines for the makeup and labels of “simulated” meat and poultry products is the end zone for a new round of consultations underway for the next month. The Canadian Food Inspection Agency on Tuesday announced the launch for the public consultation, which includes an online survey and runs until Dec. 3. […] Read more
Opinion: We need to open the farm gate wide
Consumers want to see in, and farmers need to know what is happening beyond their operation
Reading Time: 3 minutes The first half of 2020 was amazing for agriculture as Canadians were focused on food quality and security. Consumers were interested in being part of the solution and, at the very least, wanted more information about where their food came from. Local became in vogue and instead of standing in line at the checkout, many […] Read more
Campaign to focus on food chain
Reading Time: < 1 minute The Canadian Centre for Food Integrity is launching a new campaign to inform consumers on how the food system works. “It’s Good, Canada” will share stories of Canadians working across the food supply chain and provide information about farming, transportation, processing, retail and production at the website itsgoodcanada.ca. The website has short videos from farmers […] Read more
Kraft Heinz cuts output at three plants, adds mac and cheese shifts
Sao Paulo | Reuters — Kraft Heinz said Friday it has moved to significantly reduce production at three plants providing restaurant supplies amid the COVID-19 coronavirus outbreak, but its CEO noted the company has added shifts at others to meet demand for packaged foods such as macaroni and cheese. Speaking in a video presentation hosted […] Read more
Pulse weekly outlook: Increased demand seen, but problems loom
MarketsFarm — Unlike other commodities, pulses aren’t yet feeling ill effects from an economic downturn due to the COVID-19 coronavirus outbreak, according to Marcos Mosnaim of Globeways Canada in Mississauga. With consumers panic-buying, there has been increased demand for pulses, as many are non-perishable, Mosnaim said. “These products will be there for ages,” he said, […] Read more
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