Reading Time: 2 minutes New Delhi | Reuters — An Indian court on Wednesday acquitted six men of the killing of a 55-year-old Muslim dairy farmer, citing lack of evidence, raising questions over the prosecution’s failure to make its case despite videos of a crowd beating him in the street. The 2017 attack on Pehlu Khan and his two […] Read more
Indian court acquits six in cow vigilante case
Trump, EU officials announce deal to sell more U.S. beef to Europe
Reading Time: 3 minutes Washington | Reuters – U.S. President Donald Trump announced a deal on Friday to sell more American beef to Europe, a modest win for an administration that remains mired in a trade war with China, but he said tariffs on European auto exports remain a possibility. The European Commission has stressed that any beef deal […] Read more
U.S. livestock: Hogs up on technical buying, cash values
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures neared a three-week high on Wednesday, buoyed by a mix of technical buying and ideas that a glut of U.S. hog supplies was showing signs of tightening, traders said. Fears of an expansion in Asia of the African swine fever (ASF) outbreak in China […] Read more
Canada proposes China meat export solution
Reading Time: 2 minutes Reuters — Canada offered a plan to reassure China about the security of its meat export system, a Canadian minister said on Wednesday, as Ottawa rejected Chinese criticism of its efforts to enlist allies to resolve a diplomatic dispute between the countries. China said last week it wanted the Canadian government to stop allowing meat […] Read more
Beyond Meat’s new competitor: Tyson’s pea-and-meat blended burger
Reading Time: 2 minutes Reuters — U.S. meat processor Tyson Foods on Thursday launched its first vegetarian and mixed-protein products, including a beef and pea burger, as it seeks to compete with Beyond Meat and other companies catering to rising demand for plant-based alternatives to meat. Tyson is betting that meat eaters wanting healthier diets will see their blend […] Read more
U.S. boosts trade pact’s outlook lifting tariffs on Canadian, Mexican metals
Reading Time: 3 minutes Washington/Ottawa | Reuters — The United States struck deals on Friday to lift tariffs on steel and aluminum imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative approval of a new North American trade pact. The separate agreements, which will not impose U.S. quotas on Canadian and Mexican metals […] Read more
U.S. livestock: CME hogs push higher as herds in China suffer from virus
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures closed mostly higher on Monday on increasing expectations that China will need to import more pork to compensate for hogs killed in an outbreak of an incurable swine disease. The front-month contract, which is thinly traded, set its highest price in about 21 months as the market rose […] Read more
Ontario beef checkoff to rise by $1.50
Reading Time: 2 minutes Ontario beef farmers have approved an increase of $1.50 in checkoff per animal to fund an ambitious industry-wide marketing effort for Ontario beef. Producers at the Beef Farmers of Ontario (BFO) annual meeting in Mississauga on Wednesday voted 87 per cent in favour of the plan. A similar plan was rejected at last year’s annual […] Read more
Pacific pact spurs Canadian ag sales to Japan as U.S. watches
Reading Time: 3 minutes Winnipeg | Reuters — At the Canadian embassy in Tokyo last month, beef promoters flew in a chef from Canada to cook New York strip steaks for hungry Japanese importers and restaurant suppliers. The annual Canadian beef buffet reception attracted 126 people, up sharply from the usual 30 to 40. A trade deal among Pacific […] Read more
Cargill’s net earnings down as trade fight bites
Reading Time: 2 minutes Chicago | Reuters — Grains trader Cargill on Thursday reported a 20 per cent drop in its fiscal second-quarter 2019 net earnings, as global trade tensions hit the bottom line along with challenges in the Chinese hog sector and a struggling U.S. dairy business. Three of the company’s four business units reported results that were […] Read more