Reading Time: 1 minute Chicago | Reuters — Final details are in place to allow U.S. exporters to resume beef shipments to China, U.S. officials said on Monday, allowing companies to prepare for their first shipments in 14 years. After concluding talks with Beijing, the U.S. Department of Agriculture said U.S. producers must track the birthplace of cattle born […] Read more
U.S. finalizes talks to resume beef exports to China
JBS scandal might reduce Brazil meat supplies, industry group says
Reading Time: 2 minutes Sao Paulo/Cuiaba | Reuters — An unfolding corruption scandal involving meatpacker JBS SA may reduce meat supply in Brazil, potentially benefiting rivals of the world’s largest beef exporter, industry group Abrafrigo said. Since the scandal broke, JBS and ranchers have been at odds, with the company deciding to stop buying cattle for cash and producers […] Read more
U.S., China agree to first trade steps under 100-day plan
Reading Time: 4 minutes Washington | Reuters –– The U.S. and China have agreed to take action by mid-July to increase access for U.S. financial firms and expand trade in beef and chicken among other steps as part of Washington’s drive to cut its trade deficit with Beijing. The deals are the first results of 100 days of trade […] Read more
Cargill to exit U.S. cattle feeding business
Reading Time: 2 minutes Chicago | Reuters — Cargill said on Wednesday it will exit the business of feeding cattle to direct capital toward other investments, the latest transformation for the global commodity trader. Minnesota-based Cargill struck a deal to sell its last two feed yards to ethanol producer Green Plains for US$36.7 million, after selling other feedyards to […] Read more
Brazil’s JBS to resume slaughtering at six idle beef units next week
Reading Time: < 1 minute São Paulo/Reuters – The world’s largest meatpacker JBS SA will next week resume slaughtering at six out of 10 beef processing units after sending workers on temporary leave earlier this month, the company said in a statement on Thursday. Another four units will restart operations on May 2 after “reforms, operating adjustments and the modernization […] Read more
Beef makes the cut as Australia, China move to boost trade
Reading Time: 2 minutes Sydney | Reuters — Australia and China are expected to sign new bilateral agreements on beef exports, energy and security during a four-day visit by Chinese Premier Li Keqiang that began on Thursday. Li, the first sitting Chinese premier to visit Australia in 11 years, was welcomed to parliament in Canberra by Prime Minister Malcolm […] Read more
Brazil beef scandal leaves fewer options for global buyers
Reading Time: 2 minutes Chicago | Reuters –– Global beef buyers will likely need to cobble together supplies from several nations if a scandal persists in Brazil’s meat sector because supply constraints and politics are already limiting trade flows, market analysts said Monday. China suspended imports of all meat products from Brazil, the world’s top beef exporter, as a […] Read more
Ag groups tout potential of trade pact with China
Reading Time: 3 minutes Canadian ag commodity groups expect to make a case for freer trade with China during consultations now underway alongside Ottawa’s talks on a possible free trade deal with Beijing. Federal Trade Minister Francois-Philippe Champagne on Friday announced public consultations, running until June 2, following last September’s announcement of “exploratory discussions” on a free trade agreement […] Read more
Cargill profit jumps on meat demand, big U.S. crops
Reading Time: 2 minutes Reuters — Global commodities trader Cargill on Tuesday reported a sharply higher adjusted quarterly profit led by strong results from its beef and turkey businesses and robust demand for North American grain and oilseed crops. The privately held company said adjusted operating earnings jumped nearly 80 per cent in the second quarter ended Nov. 30 […] Read more
Mentorships get real
Today’s mentorships are more relevant than ever, with a focus that includes business management, risk analysis, employee motivation and much more
Reading Time: 7 minutes On the traditional family farm, parents, grandparents and other family members have always been the mentors for those who follow, and agriculture today owes a tremendous debt to them for having trained generation after generation of new farmers. But today is also different. Canada’s farms are more complex than ever, and they’re only getting more […] Read more