Finance

Latest extreme cold warnings another hit for B.C. farmers facing brunt of climate change impacts

British Columbia’s farmers are trying their best to cope as record-breaking cold and snowfall affect their livelihood after a year spent bearing the brunt of natural disasters in the province…

CME reports cattle futures rise on expectations of beef demand

Chicago Mercantile Exchange cattle futures finished higher on Tuesday, as slaughter rates increased and carcass cutout values continued to firm, traders said by P.j. Huffstutter – Reuters There is an…

South Korea suspends Canadian beef imports after BSE case

South Korea has suspended beef imports from Canada, which reported its first case of bovine spongiform encephalopathy (BSE) in six years, the Canadian Food Inspection Agency said on Wednesday by…

CME hog futures approach 4-week high; cattle futures rise

Chicago Mercantile Exchange hog futures jumped to their highest prices in about four weeks on Wednesday, while cattle futures also advanced  by Tom Polansek – Reuters Futures could come under…

Atypical case of mad cow disease reported

Canada dutifully reported a case of atypical bovine spongiform encephalopathy (BSE) in an 8-1/2 year old beef cow in  Alberta, the World Organisation for Animal Health (OIE) reported in a…

Trends Shaping Canada’s Restaurant and Hospitality Industry in 2022

As COVID-19 continues to significantly impact the hospitality industry, how we dine in 2022 continues to change. Restaurants Canada and the RC Show reflect on the past year and looks…

Canada commits its highest-ever funding to avert future food crises

At a time when rural people in low-income countries face steep increases in food prices and the devastating impacts of climate change contribute to a rise in hunger and poverty,…

CME hog, cattle futures sag as broad selling hits markets

Chicago Mercantile Exchange livestock futures slumped on Monday as traders reduced risk in the face of rising coronavirus cases  by Tom Polansek – Reuters Selling hit a range of markets…

Canada failing migrant farmworkers on COVID-19

As the COVID-19 pandemic raged, Canadian government inspectors frequently deemed the employers of migrant workers compliant with health and safety rules despite a lack of evidence, according to an Auditor…

Loblaw Expands Commitment to Sustainable Beef Sourcing

The Canadian Roundtable for Sustainable Beef (CRSB) is pleased to announce that Loblaw Companies Ltd. is expanding its commitment to beef sustainability in Canada with a purchase of three million…

USDA Launches $100M Loan Program to Strengthen Food Supply Chain

U.S. Department of Agriculture (USDA) Secretary Tom Vilsack has announced USDA is deploying $100 million under the new Food Supply Chain Guaranteed Loan Program to make available nearly $1 billion in loan…

Manitoba Turkey Producers and Exceldor Cooperative Donate over 275 Turkeys to Five Food Banks

To help ensure that as many people as possible get to enjoy this holiday season, Manitoba Turkey Producers and Exceldor Cooperative have come together to donate over 275 turkeys to…

Canadian Government Announces $8M to Launch AgriCommunication Initiative

The Minister of Agriculture and Agri-Food, the Honourable Marie-Claude Bibeau, has announced the launch of the AgriCommunication Initiative, which will contribute to better connect Canadians with Canada’s farmers, and the…

Increased PRRS Infections In Breeding Herds Illustrates Importance of Biosecurity

The Executive Director of the Swine Health Information Center says an increase in PRRS infections in breeding herds illustrates the importance of biosecurity  by Bruce Cochrane – FarmScape.ca The Swine…

Meat packers’ profit margins jumped 300% during pandemic

Four of the biggest meat-processing companies, using their market power in the highly consolidated U.S. market to drive up meat prices and underpay farmers, have tripled their own net profit…

Tyson Foods plans to spend $1.3 billion to automate meat plants

Tyson Foods plans to spend more than $1.3 billion to increase automation in meat plants over the next three years, Chief Executive Donnie King said on Thursday, as a U.S. labor…

Meet B.C.’s new wildfire crew: cows

Ranchers and researchers have teamed up to use targeted grazing to reduce one source of forest fire fuel: grass  by Stephanie Wood – The Narwhal It’s not rocket science, rancher…

Tyson Foods to pay frontline workers $50 mln in bonuses

Tyson Foods said on Monday it will pay about $50 million in year-end bonuses to frontline and hourly meatpacking workers starting this month, as companies compete to attract and retain…

B.C. storm: 98% of cows, 97% of laying chickens survived recent floods, agriculture minister says

The vast majority of cows and egg-laying chickens in B.C.’s flood-stricken Sumas Prairie have survived, the province’s agriculture minister said Friday as the region continues its recovery from record-breaking weather…

Cargill Canadian beef plant workers accept contract offer, avert strike

Workers at Cargill’s beef-processing plant in High River, Alberta, one of Canada’s largest, voted in favor of the company’s latest contract offer on Saturday, averting a strike   by Rod…

Our December 2024 Issue

In our December 2024 issue we look at the Indonesia Economic Partnership Agreement, Federal funding for the Cattle Industry’s Improvement initiatives, Ontario’s Agritourism Sector, Cargill cutting jobs, A&W tackling food waste, Consumer Trust over Climate Optics, the rising cost of doing business, and much more!