Reading Time: 2 minutes Food group Nestle said on Wednesday it had withdrawn from a global alliance for cutting methane emissions that aims to reduce the impact of dairy farming on global warming.
Nestle quits global alliance on reducing dairy methane emissions
Tyson, Cargill to pay $88 million to consumers in U.S. beef price-fixing lawsuit
Reading Time: 2 minutes Tyson Foods and Cargill have agreed to pay a combined $87.5 million (C$122.1 million) to settle a federal lawsuit brought by consumers who accused the companies of conspiring to inflate U.S. beef prices by restricting supply.
Klassen: Highs in place for the feeder market
Reading Time: 2 minutes For the week ending October 4, Western Canadian grass yearling markets traded steady to $5-$8/cwt lower on average compared to seven days earlier. Backgrounded yearlings were down $5-$12/cwt. Calf markets were down $5 to $10/cwt from a week earlier. There was an influx of calves over the past week which resulted in the softer tone […] Read more
U.S. livestock: Cattle futures spike, hogs mixed
Reading Time: < 1 minute Chicago cattle futures closed sharply up on Monday while lean hog futures were mixed. “Two large trades were seen at two different levels in the feeder cattle market, suggesting this may have been a short covering rally,” wrote analyst Christopher B. Swift. Most-active November feeders closed at 360.800 cents a pound, up 5.375 cents. January […] Read more
Media reports suggest U.S. dairy access to Canada a topic of conversation in Ottawa
Reading Time: 2 minutes Globe and Mail article suggests U.S. dairy access to Canada is back as a topic of conversation in Ottawa
Mexico sees 32 per cent jump in flesh-eating screwworm cases since August as cases move north
Reading Time: 2 minutes Mexico recorded 6,703 cases of animals infested with New World screwworm as of September 13 since the start of the outbreak in November of last year. That was compared to 5,086 confirmed cases during the previous period, which ended August 17.
Klassen: Feeder market remains volatile
Reading Time: 2 minutes For the week ending September 27, Western Canadian feeder cattle markets traded $10/cwt higher to $10/cwt lower compared to seven days earlier.
U.S. criticizes Mexico’s handling of screwworm near border
Reading Time: 2 minutes U.S. Agriculture Secretary Brooke Rollins on Thursday said Mexico has not adequately enacted protocols to curb the spread of New World screwworm.
USDA plan to rebuild beef herd will not include producer payments, says farm secretary
Reading Time: < 1 minute The U.S. Department of Agriculture is developing a plan to revitalize the decimated U.S. beef herd, but will not offer payments to producers, Agriculture Secretary Brooke Rollins said on Thursday.
Masterfeeds to enter new ADM/Alltech feed joint venture
Feed company’s 15 Canadian mills to join new U.S./Canada business
Reading Time: 2 minutes Masterfeeds, a major feed supplier to Canadian livestock producers, is poised to merge into a new joint venture with U.S. feed businesses.
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