South America’s meat packers battle sales slump

A downturn in beef orders is forcing meat packers in South American ranching countries to sell shipments off cheap and make workers take early holidays. Early this year, things looked rosy for beef exporters in Argentina, Uruguay and Paraguay, but with Russian importers struggling to get credit and Europeans cutting down on expensive steaks, sales

Ontario lamb is in big demand

GUELPH The demand for Ontariogrown lamb is so keen that packers can’t fill all the orders from retailers. Tony Faccioli, owner and general manager of Holly Park Meat Packers in Toronto and president of the Ontario Independent Meat Packers and Processors Association, says he’s turning away retail customers because he needs the lambs to meet



Businesses see U. S. economy downshifting

U. S. business conditions took a sharp downturn in the third quarter and the near-term outlook is even more gloomy, according to a quarterly survey conducted by the National Association for Business Economics. For the first time since 2001, more respondents pointed to declines rather than growth in demand for their firms’ goods and services.


Fall cattle run underway but calf prices discouraging

A late-fall cattle run finally awakened last week as livestock auction markets throughout Manitoba saw significant increases in the number of animals coming to sale. “This week it’s kind of sprung loose a little bit. There’s been lots of big numbers everywhere,” Scott Anderson, a field representative with Winnipeg Livestock Sales, said Friday. “For this



COOL blunts U. S. packers’ need for cattle

“They’re going to need cattle but COOL is standing in the way.” – Kevin Grier, George Morris Centre The U. S. is feeding fewer beef cattle but country-of-origin labelling will likely restrict opportunities for Canadian cattle exports. Uncertainty over COOL will override the U. S. industry’s need to make up for a shortfall of cattle

Hog sector holding up in face of financial crisis

The financial uncertainty gripping the international markets could also take its toll on the Canadian hog sector, according to market sources, who noted that prices have declined over the past month. However, lower feed grain costs and a weaker Canadian dollar are helping boost the profitability of hog producers in the short term. Brad Marceniuk,


U. S. plants start rejecting Canadian cattle

“It’s a very significant disruption. – John Masswohl, CCA Canada’s cattle shipments to the United States are plummeting as the new country-of-origin labelling (COOL) rule takes effect. Some U. S. packers are taking a hands-off approach to Canadian cattle as uncertainty reigns over how to handle slaughter animals from another country. The impact became noticeable