Reading Time: 2 minutes Alan Paton stated when men are ruled by fear, they strive to prevent the very changes that will abate it. The feeder cattle market is contending with a negative round of feeding margins over the next few months, which continues to result in weaker values. Western Canadian feeder cattle prices were generally $3 to $8 […] Read more
Klassen: Weaker fed cattle pressure feeder market
Tyson cuts beef production due to cattle shortage
Reading Time: 2 minutes Reuters — Tyson Foods on Friday said it is permanently ceasing beef production at its plant in Denison, Iowa, effective immediately, as cattle ranchers work to rebuild shrunken herds following the severe Midwestern drought. The move by Tyson, the biggest U.S. meat processor, will affect 400 employees at the plant, which will continue byproduct rendering […] Read more
U.S. pork production seen at record high in 2015, beef lower
Reading Time: < 1 minute Washington | Reuters –– U.S. meat and poultry production will rise to a record 95.13 million pounds in 2015, with gains in pork and poultry output more than offsetting a slight drop in beef production, the U.S. Department of Agriculture forecast on Thursday. Total U.S. pork production was seen up 5.5 per cent at 24.09 […] Read more
Five-year beef plan seeks boosts in demand, efficiency
Reading Time: 3 minutes A new strategy from national and provincial cattle producer and beef marketing agencies has set five-year percentage benchmarks for the industry’s productivity, added value and cost-effectiveness. Canada’s beef sector groups on Wednesday formally released their National Beef Strategy, a guiding document for “how the organizations can work together to best position the Canadian beef industry […] Read more
Australia, China on track to sign lucrative cattle deal
Reading Time: < 1 minute Sydney / Reuters – Australia will export up to 1 million head of cattle a year to China, worth around A$1 billion ($856 million), to meet booming demand for red meat under a long-awaited deal set to be signed shortly, Australian officials said on Friday. Shipping live animals from Australia to China has been discussed for many years. Official talks began […] Read more