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(Dave Bedard photo)
Markets

Cargill fiscal 2022 revenue jumps to record US$165 billion

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Reuters — Global commodities trader Cargill on Tuesday reported that its fiscal year 2022 revenue jumped 23 per cent from a year earlier to a record US$165 billion. The strong result was the latest for a global agricultural commodities trader after rivals ADM and Bunge reported solid earnings last month amid high farm products prices
(SwissChalet.com)
Livestock

Fairfax proposes takeover of Recipe dining group

Chains include The Keg, Swiss Chalet, Harvey's

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Reuters — Recipe Unlimited Corp. said on Tuesday shareholder and investment firm Fairfax Financial Holdings has proposed to take the Canadian restaurant operator private for $1.23 billion, sending its shares up nearly 50 per cent. The offer price marks a premium of more than 53 per cent to Recipe’s last close. The shares have fallen
A plate of honey dijon glazed chicken wings. (SandersonFarms.com)
Livestock, Markets

Cargill, Continental close U.S. chicken deal

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Washington | Reuters — Cargill and Continental Grain said on Friday that they had closed their deal to buy Sanderson Farms, the third largest chicken producer, in a deal worth some US$4.53 billion. Under the deal, which was announced last August, Sanderson is being combined with Continental Grain subsidiary Wayne Farms. Sanderson will cease trading
Soldier fly larvae like these can convert waste food into high-protein feed.
Comment, Opinion

Comment: Bugs for cows

Feeding insects to cattle could make meat and milk production more sustainable

By
The world’s population is growing, and so is the challenge of feeding everyone. Current projections indicate that by 2050, global food demand could increase by 59 per cent, which is 98 per cent above current levels. In particular, there will be increased demand for high-quality protein foods such as meat and dairy products. Livestock producers
Laying hens in the free-run aviary at University of Manitoba  photo: Manitoba Egg Farmers
News, Poultry

Bringing egg farming into public view

State-of-the-art 4,500 laying-hen research centre slated for 2023 opening

By
A new, high-tech egg-laying research centre is on the horizon for the University of Manitoba’s Glenlea Research Station. The 4,500 laying-hen barn is expected to be a world-class facility outfitted with cutting-edge scientific testing equipment. The facility will replace the current one on the University of Manitoba (UM) Fort Garry campus that is out of
Funding, people needed for strategic protein research: report
News

Funding, people needed for strategic protein research: report

The province released its Manitoba Protein Research Strategy on June 8

By
The province has taken another step towards boosting protein research, but governments will need to cough up cash and find more people and equipment to make it happen, survey data shows. “One of the key pillars of the Manitoba Protein Advantage is the harnessing of the great wealth of agri-food knowledge and research expertise in our province,” said
News

Singapore feels Malaysian chicken export ban

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Reuters – Singapore is bracing for a shortage of its de facto national dish, chicken rice, after major supplier Malaysia halted all chicken exports as of June 1. Malaysian chicken production has been disrupted by a global feed shortage. The export ban is the latest sign of growing food shortages as countries — reeling from
Farm animals like chickens are among the best-cared-for creatures, says animal welfare consultant.
News

Animal welfare on social media: speak up or shut up?

Transparency not optional for livestock, meat industry – but wisdom required

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Farmers are a small group, so standing up for each other is necessary when it comes to online attacks — even those as fraught as animal welfare concerns. However, responding requires wisdom, says one animal welfare expert. “Don’t argue for the sake of arguing but try to find a proper channel and respond to those
chicken looking at camera
News, Poultry

U.S. pitches rule on chicken contracts

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Reuters – The Biden administration proposed a rule May 26 requiring U.S. meat packers to be more transparent in their dealings with contract farmers, in an effort to enhance competition in the highly consolidated industry. Farmers and consumer groups have argued for decades that consolidation in the beef, pork and chicken sectors, where four companies

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