Reading Time: 2 minutes JBS employees ratified a two-year labor agreement with the meatpacker after a three-week strike disrupted operations at a massive beef processing plant in Greeley, Colorado.
Beef cattle
JBS reaches deal with U.S. meatpacking workers who went on strike
Public consultation open on national beef code of practice
New code would update guidance on branding calves, shelter from weather, euthanasia, more
Reading Time: < 1 minute Public consultations on a revised Canadian code of practice for the care and handling of beef cattle, with updated guidance for ranchers on best practices, opened April 13.
Canada blocks meats, dairy from Greece over foot-and-mouth disease
Reading Time: 3 minutes To remain free of foot-and-mouth disease, Canada is blocking livestock, uncooked meats, raw dairy and other products from Greece following outbreaks in cattle and sheep there.
Klassen: Negative margins weigh on Western feeder cattle market
Reading Time: 2 minutes For the week ending April 4, Western Canadian feeder cattle prices were quite variable. Backgrounded replacements were relatively unchanged, however fleshier groups experienced sharper discounts compared to a week earlier. Genetic quality appeared to influence the market on a larger scale for feeders under 700 pounds. Medium to larger frame preconditioned calves appeared to trade […] Read more
Striking JBS workers to return to Colorado plant on promise of talks
Reading Time: 2 minutes 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.
Klassen: Feeder cattle market continues consolidation
Reading Time: 2 minutes For the week ending March 28, Western Canadian feeder cattle market once again traded $10/cwt higher to $10/cwt lower compared to seven days earlier. Backgrounded replacements were down $3-$6/cwt on average with fleshier groups dropping as much as $6-$10/cwt. Calves were quite variable across the Prairies due to limited numbers. There was strong demand for […] Read more
Canadian Cattle Association won’t back traceability changes
Reading Time: 2 minutes The Canadian Cattle Association says it won’t support proceeding with the CFIA’s proposed changes to federal cattle traceability regulations after feedback from members.
Producers affected by bovine TB receive extended tax deferral
Reading Time: 2 minutes The Government of Canada has extended the tax deferral period for livestock producers affected by bovine tuberculosis in 2024 and 2025.
JBS posts flat Q4 profit on record sales but lower U.S. beef margins
Reading Time: 2 minutes 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.
Klassen: Stronger barley prices weigh on feeder cattle values
Reading Time: 2 minutes For the week ending March 21, Western Canadian feeder cattle markets traded $10/cwt higher to $10/cwt lower compared to seven days earlier. Backgrounded replacements were quite variable with sharper discounts noted on fleshier groups. The heifer discount to steers appeared to be wider in some cases but it was largely based on quality features. Calves […] Read more