GFM Network News

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U.S. senators scrutinize meat packers’ profits during pandemic

Chicago | Reuters — U.S. senators are calling for investigations of record profit margins for beef processors such as Tyson Foods and Cargill, after ranchers complained surging meat prices due to coronavirus hoarding did not translate into higher cattle prices. Futures prices for cattle have tumbled during the outbreak, worrying farmers as the U.S. economy […] Read more

(Photo courtesy Canada Beef Inc.)

Report sees Canadian meat prices rising at faster pace

CNS Canada — Canadians will be paying more for meat than earlier thought in 2017, according to a new report from Dalhousie University. Expected price declines for other foods, however, will limit the impact on the total grocery bill in the country. In the mid-year update for Canada’s Food Price Report, researchers at Dalhousie in […] Read more

Just how much is that roast beef worth?

Just how much is that roast beef worth?

Reading Time: < 1 minute Alberta Agriculture and Forestry has a new fact sheet on pricing meat products. “When you sell direct to market, there is a lot more involved than production,” said new-venture specialist Kathy Bosse. You also have to manage processing, packaging and delivery and think about consumer demand. “The new Pricing Meat Products: An Introduction fact sheet covers […] Read more