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Brazil formally accuses JBS owners of insider trading

Sao Paulo | Reuters — Brazil’s federal police on Thursday formally asked prosecutors to bring charges against brothers Wesley and Joesley Batista, the owners of meatpacker JBS SA, for insider trading. The Batista brothers saved as much as 138 million reais (C$54 million) through allegedly illegal market dealings in May, police said. The insider trading […] Read more

Going green all the way to the bank

A new pilot will pay producers for sustainably sourced beef, but exact payment amounts are still up in the air

Select beef producers may soon get paid for sustainability, something that has been a long-dangled carrot for farmers who have been told that auditing their farms will add value. The recently launched Canadian Beef Sustainability Acceleration pilot, run through Cargill, Verified Beef Production Plus (VBP+) and beef tracker Beef InfoXchange Systems (BIXS), will pay credit […] Read more

Ramping up phosphorus for alfalfa

Building soil phosphorus when fertilizer prices are lower may have big impacts for future profit, 
tour attendees heard Aug. 30 at the Manitoba Beef and Forage Initiatives Brookdale site

Producers got a side-by-side comparison of different phosphorus treatments in alfalfa Aug. 30. The phosphorus ramp, presented during the Manitoba Beef and Forage Initiatives (MBFI) Brookdale field tour, showcased consecutive strips of alfalfa grown with progressively more phosphorus. The ramp tracks crop impact in the three years following a one-time phosphorus application ranging from no […] Read more

Plotting a course for the future of fed cattle price reporting

Canada’s cattle industry has been watching with a wary eye as price data thins, 
but how to fix the problem?

The cattle industry is weighing its options for a better price-reporting system that will address a chronic shortfall of information. In recent years cattle price data has become thin on the ground, something that has big implications for insurance programs, trade disputes and day-to-day decisions that rely on accurate market information. Canada’s reporting system is […] Read more