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Pork

Meat demand is high, but packing houses could be a systemic weak spot.
Livestock, News

Meat processors systemic weak spot

Canada has its first meat-processing closures due to COVID-19. Now the sector and government are looking to buffer the risk

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[UPDATED: April 13, 2020] Meat packers have enjoyed sky-high demand as consumers concerned over COVID-19 wipe out grocery shelves, but industry is concerned that the supply chain might hit a bottleneck as plant staff fall ill. Packer margins and meat demand shot up during the final weeks of March, with many packers considering extended hours
File photo of a truck arriving at a Smithfield Foods pork plant at Smithfield, Va. on Oct. 17, 2019. (Photo: Reuters/Tom Polansek)
Hogs, Livestock, Markets

Smithfield shutting South Dakota pork plant indefinitely

Major packer warns of meat shortages during pandemic

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Chicago | Reuters — Smithfield Foods, the world’s biggest pork processor, said on Sunday it will shut a U.S. plant indefinitely due to a rash of coronavirus cases among employees and warned the country was moving “perilously close to the edge” in supplies for grocers. Slaughterhouse shutdowns are disrupting the U.S. food supply chain, crimping
(PorcOlymel.com)
Hogs, Livestock

Quebec pork plant to restart at reduced pace

Olymel plant closed due to COVID-19 cases

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Olymel plans to gradually bring a hog plant in Quebec’s Mauricie region out of a two-week shutdown starting Tuesday following a number of COVID-19 cases among its employees. The meat packing arm of Quebec-based Sollio Co-operative Group announced Saturday it will resume slaughter and cutting operations at Yamachiche, Que. starting Tuesday. Nine people working at
CME June 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Futures slide as COVID-19 worries roil market

Concerns over meat processing pace drag on cattle, hogs

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Chicago | Reuters — U.S. livestock futures slumped again on Thursday, volatility roiling the market as it faced resistance over surging stocks and growing concerns that meat packers will close plants in the COVID-19 coronavirus pandemic. Lean hog future prices slipped for a second session on concerns about the domestic glut of hog supplies and
(Smithfield.com)
Hogs, Livestock

Smithfield shuts South Dakota pork plant over COVID-19

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Chicago | Reuters — Smithfield Foods, the world’s biggest pork processor, is temporarily closing a massive plant at Sioux Falls, S.D., the company said Thursday, after more than 80 workers there tested positive for coronavirus. The shutdown is the latest disruption to the U.S. food supply chain from the pandemic and comes as grocery store
CME May 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Bargain-buying investors rally cattle futures, again

CME June lean hogs down on day

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Chicago | Reuters — U.S. cattle futures surged for a second straight session on Wednesday, as investors kept snapping up deep discounts in futures prices, traders said. Lean hog future prices slipped, as concern continued to mount over a glut of domestic pork supplies and uncertainty on how quickly the U.S. sow herd is shrinking.
(Dave Bedard photo)
Livestock

Maple Leaf poultry plant shuts for ‘deep cleaning’

COVID-19 found in three workers at Brampton facility

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One of two Maple Leaf Foods plants at Brampton, Ont. has gone into shutdown mode for “deep cleaning” in the wake of three cases of the COVID-19 coronavirus among its workers. Toronto-based Maple Leaf announced Wednesday that operations at the company’s Kennedy Road poultry slaughter and packing plant in Brampton are suspended “while we complete
CME June 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Futures surge as investors snap up discounts

June live cattle limit up off Monday's limit-down drop

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Chicago | Reuters — U.S. livestock futures surged on Tuesday — with live cattle futures up to their 4.5-cent expanded limit — as steep discounts in futures prices over the current cash markets wooed investors to buy back in, traders said. Feeder cattle also jumped to their normal trading day limits, as the sector overall
FIle photo of Dr. Baljit Singh, dean of veterinary medicine at the University of Calgary, leading a tour the UCVM’s Spy Hill campus in 2017. (Gov.ab.ca)
Livestock

Universities can adapt to COVID-19, UCVM dean says

As administrators and faculty modify the system, dean calls for renewed public focus on food production and distribution

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As COVID-19 pushes universities to change the way they teach, carry out research and conduct clinical work, the dean of veterinary medicine at the University of Calgary is confident that they can adapt. The academic system “from coast to coast is very intact,” Dr. Baljit Singh said. “We will continue to develop new technologies. We
CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle futures drop as pandemic roils markets

Technical buying lifts hogs, feeder cattle

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Chicago | Reuters — U.S. live cattle futures plunged to their daily trading limit on Monday — with prices for the front-month contract hitting the lowest seen since December 2009 — as beef inventories remain robust with much of the U.S. restaurant industry shuttered due to the pandemic. April live cattle were down the 4.5-cent

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