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Tag Archives Cargill

CME June 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Cattle, hog futures recover

Cargill cuts more beef shifts, Smithfield shuts more pork plants

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Chicago | Reuters — U.S. cattle and hog futures advanced on Wednesday as the markets recovered slightly from recent losses that traders said had dropped prices too far below the cash markets. Futures prices have tumbled recently as major meat companies have shut slaughterhouses due to the spread of the new coronavirus among employees. The
Family members of longtime JBS USA meat packing plant employee Saul Sanchez gather April 10, 2020 at his Greeley, Colorado home after his death from COVID-19. (Photo: Reuters/Jim Urquhart)
Livestock

‘Elbow to elbow:’ North America’s meat plant workers fall ill, walk off jobs

Supply chains struggling to keep pace with surging demand

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Chicago/Winnipeg | Reuters — At a Wayne Farms chicken processing plant in Alabama, workers recently had to pay the company 10 U.S. cents a day to buy masks to protect themselves from the COVID-19 coronavirus, according to a meat inspector. In Colorado, nearly a third of the workers at a JBS USA beef plant stayed
(MartineDoucet/E+/Getty Images)
Beef cattle, Dairy cattle, Livestock, Markets

Beef Farmers of Ontario ask for curb on cull sales

BFO concerned over processing 'backlogs'

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Updated, April 15 — Ontario’s cattle producer organization is asking members to consider delaying sales of cull cows until market conditions “normalize.” Beef Farmers of Ontario’s board on Thursday published a memo to beef and dairy cattle producers, asking them to help “prevent a further surge in cull cows in the market” — especially of
(File photo by Dave Bedard)
Beef cattle, Livestock

Cargill halts second shift at High River beef plant

'Additional safety measures' also in place, company says

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Cargill is temporarily idling its second shift at one of Canada’s biggest beef packing plants to “minimize the impact” of the COVID-19 coronavirus. The company announced Monday it would reduce shifts at its High River, Alta. beef plant, about 40 km south of Calgary, effective that day and until further notice. “Our goal is to
(USDA.gov via Flickr)
Beef cattle, Livestock, Markets

USDA to probe surging beef prices versus falling cattle prices

Tyson says will co-operate with department's investigation

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Chicago | Reuters — The U.S. Agriculture Department will investigate why a surge in beef prices because of coronavirus-related hoarding did not translate into higher cattle prices for farmers, Agriculture Secretary Sonny Perdue said on Wednesday. The investigation adds scrutiny on the small group of meat companies such as Tyson Foods and Cargill that dominate
(Lovelyshot/iStock/Getty Images)
Beef cattle, Livestock, Markets

U.S. senators scrutinize meat packers’ profits during pandemic

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Chicago | Reuters — U.S. senators are calling for investigations of record profit margins for beef processors such as Tyson Foods and Cargill, after ranchers complained surging meat prices due to coronavirus hoarding did not translate into higher cattle prices. Futures prices for cattle have tumbled during the outbreak, worrying farmers as the U.S. economy
(File photo by Dave Bedard)
Crops

Safety protocols in place for farmers’ grain deliveries

Grain moving as normal, but farmers need to practice social distancing when delivering to elevators

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Grain deliveries to country elevators should continue without any disruptions, the executive director of the Western Grain Elevator Association says. “All of the members of the Western Grain Elevator Association are doing everything in their power to keep the grain supply chain functioning” during the COVID-19 coronavirus pandemic, Wade Sobkowich said Tuesday. “That means we’ll
Elevators implement COVID-19 protocols to keep grain moving
News, Other

Elevators implement COVID-19 protocols to keep grain moving

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Canada’s grain companies are still moving grain to market, but have implemented measures to protect staff and customers from COVID-19. Richardson-Pioneer, Viterra, G3, Cargill and Parrish and Heimbecker are all taking farmers’ grain but are restricting contact between staff and farmers and moving it to market, while using social distancing. “We remain open for business,
Cargill facilities’ offices will be closed to “walk-in” traffic during the COVID-19 pandemic, the company says. (CargillAg.ca video screengrab)
Crops

Prairie elevators’ staff aim for on-site distancing

Cargill, P+H elevators stay open but with arm's-length approach

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At least two Prairie grain handling firms plan to continue taking deliveries from farmers during the COVID-19 coronavirus pandemic — but to make the process as touchless as possible. Cargill, in a email to customers Wednesday, said its Canadian grain elevators, crush plants and ag input retail sites will remain open for deliveries and pickups,

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