Reading Time: 2 minutes Ottawa/Winnipeg | Reuters — Harmony Beef, an Alberta packing plant, halted cattle slaughter on Friday after the Canadian Food Inspection Agency (CFIA) kept some inspectors from work, due to a positive test for COVID-19 by a Harmony worker, the company said. The partial closure follows a positive COVID-19 test by a worker at U.S. chicken […] Read more
Alberta’s Harmony Beef halts slaughter on positive COVID-19 test
CFIA pulls inspectors after plant employee tests positive
Klassen: Feeder market remains vulnerable
Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices were quite variable. Compared to seven days earlier, Alberta feeder prices were unchanged to $5 lower; however, the markets in northern Alberta, Saskatchewan and Manitoba were down $5 to as much as $10 in some cases. Weakness in the yearling markets spilled over into the lighter […] Read more
COVID-19 shifts bull buyers online
As auction marts move to curb the disease's spread, technology is connecting buyers and sellers
Reading Time: 3 minutes As bull sale season stretches into the spring, online sales are helping the industry cut COVID-19 risks while facilitating commerce. The Livestock Market Association of Canada (LMAC) last week held an emergency meeting on how to respond to the coronavirus pandemic, and decided to follow Health Canada’s lead on limiting crowd size and encouraging social […] Read more
Beef sector mobilizes against supply disruptions
Keeping border open, meeting demand for beef are top priorities
Reading Time: 2 minutes Teams of livestock and government officials are quickly creating plans and policies to keep the sector functioning during the COVID-19 pandemic, says the executive vice-president of the Canadian Cattlemen’s Association. “Our primary objective obviously is to insure there is stable beef production and trade that can continue under the situation with the COVID-19 pandemic,” Dennis […] Read more
Uncertainty drags on Canadian cattle markets
Beef demand is strong but cattle prices are under pressure, Canfax says
Reading Time: < 1 minute Cattle markets have tumbled as a result of COVID-19, according to the senior analyst at Canfax. “Feeder markets are off pretty hard, some of them are off 15 to 20 cents a pound, this week,” Brian Perillat said Tuesday. “They have been depressed over the last month. Feedlots too. Fed price is at the low […] Read more
Klassen: Feeder market digesting lower beef demand
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were down $12-$18; mid-weight calves were down $10 to as much as $15 while calves under 550 lbs. were down $4-$8. The market is incorporating a risk discount due to uncertainty in beef demand for the second and third quarters of 2020. Feedlot margins are in negative […] Read more
China proposes new standards on hormone residues in beef
New standards would apply to all beef exporters
Reading Time: 2 minutes Beijing | Reuters — China has drawn up food safety standards on residue limits of growth hormones in beef, a move seen as a further step toward opening up its market to imports of the meat from the U.S. China has previously had zero tolerance for any residues of growth hormones, which has restricted the […] Read more
Klassen: Extreme variability characterizes feeder market
Reading Time: 2 minutes Western Canadian feeder cattle prices were extremely variable over the past week which made the market hard to define. Compared to last week, yearling prices were quoted $2 to as much $6 lower while calves traded $2 lower as much as $5 higher. While some auction crowds were caught up with the negative news coverage, […] Read more
A+W starts move to all-grass-fed, all-Canadian beef
Suppliers lined up to begin transition this spring
Reading Time: 3 minutes Canadian burger chain A+W’s next move to distinguish its menu in a crowded quick-service market will be a connection to the regenerative ag movement, as it sets itself up with an all-Canadian and all-grass-fed beef supply. The Vancouver-based chain, which includes almost 1,000 restaurants across Canada, announced Monday it’s “making a commitment to exclusively source […] Read more
Klassen: Coronavirus fears weigh on feeder markets
Reading Time: 2 minutes Western Canadian feeder prices were not immune to the meltdown of financial and commodity markets last week. Buyers appeared to incorporate a risk discount due to uncertainty in beef demand over the next few months. Compared to last week, larger groups of quality yearlings traded $3-$5 lower while smaller packages were down $4 to as […] Read more