Reading Time: < 1 minute The union representing Canadian border workers says its members could strike as soon as Thursday.
Clock ticking on potential border strike, union says
Most border workers are classified essential and must continue to work in a strike, feds say
Farm groups criticize capital gains inclusion rate change
Ten national organizations say several tax-related changes in the 2024 federal budget will impact farmers
Reading Time: 3 minutes In a May 27 letter to finance minister Chrystia Freeland, agriculture minister Lawrence MacAulay and national revenue minister Marie-Claude Bibeau, 10 signatories said they are concerned about the capital gains inclusion rate, the Alternative Minimum Tax (AMT) and the Canadian Entrepreneurs’ Incentive (CEI), which were all announced in April.
U.S. livestock: Cattle futures continue slump amid demand questions
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) cattle futures turned lower for a third session on Friday, as technical trading at one point sent the most-active August live cattle LCQ24 contract dipping to a two-week low.
Strike possibility looms at Calgary Cargill plant
June vote will determine if Calgary Cargill workers will echo Cargill Guelph work stoppage
Reading Time: 2 minutes Nearly 1,000 workers at Cargill’s beef processing plant in Guelph were on strike at the end of May, and there’s a possibility that workers at the Cargill Case Ready plant in Calgary could also hit the picket lines.
U.S. livestock: Cattle turn lower as China allows some Russian beef imports
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) cattle futures turned lower for a second trading session on Thursday, even as the tight U.S. cattle supply and strength in the beef cutout values offered support, analysts said.
JBS says China blocks beef from US plant over detection of ractopamine
Reading Time: < 1 minute Processor JBS said on Wednesday that Beijing blocked U.S. beef shipments from the company's plant in Greeley, Colorado, because traces of the feed additive ractopamine were identified in beef destined for China.
U.S. livestock: Cattle lower on technical trading, JBS-China export news
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) cattle futures turned lower on Wednesday amid news that China has blocked U.S. beef exports coming from a JBS-owned plant in Colorado because traces of the feed additive ractopamine were identified in beef destined for China.
Meat industry calls on federal gov to ease foreign worker limits
Reading Time: 2 minutes Meat industry groups are asking the federal government to reinstate a program that expanded industry hiring limits for temporary foreign workers (TFWs) and lengthened the validity of paperwork needed for hiring, citing work shortages and impact on food prices.
Realized Canadian farm income up, net income down in 2023
Total farm cash receipts rose 4.4 per cent compared with 2022 on higher crop marketings; cattle prices
Reading Time: 2 minutes Realized net income for Canadian farmers rose 18.3 per cent in 2023 to C$14.5 billion, as growth in receipts offset a rise in expenses, according to a report from Statistics Canada released May 29.
Manitoba crop report: Seeding continues despite large rainfall
Reading Time: 2 minutes Despite heavy rains as well as snowfall, Manitoba farmers were still able to make planting progress during the week ended May 25, according to the province’s weekly crop report.
A message from April Stewart, Country Guide's Associate Editor
