Industrial agriculture Archives - Page 15 of 17

ConAgra Profit Tops Expectations

By Brad Dorfman April 2, 2009

ConAgra Foods Inc. has posted a higher-than-expected quarterly profit as its consumer foods business benefited from price increases and cost cuts. The company has sold off some units, such as a commodity trading and merchandising business, to focus on areas like consumer foods, which include brands like Healthy Choice frozen meals and Peter Pan peanut

Beef cattle, Hogs, News

Troubles Not Over For U. S. Meat Firms

By Bob Burgdorfer March 26, 2009

U. S. meat companies can expect a few more months of financial pressure as they work through supplies of high-priced feed and deal with soft demand for beef, chicken and pork amid a global recession, credit analysts said March 17. Feed costs have come down and meat production is being reduced, which has raised optimism

Beef cattle, Livestock, News

U. S. Feedlot Cattle Data Confirms Smaller Supply

By Bob Burgdorfer March 26, 2009

The number of U. S. cattle being fattened in feedlots is the smallest in four years as losses on cattle sales have prompted producers to reduce supplies, analysts said March 19. The U. S. Agriculture Department reported there were 11.228 million cattle in U. S. feedlots as of March 1, which was 95 per cent

Crops

Russian President Endorses State Grain Trader

March 26, 2009

Russia’s President Dmitry Medvedev has signed a decree endorsing the establishment of United Grain Company, a wholly state-owned grain trader, the Kremlin said March 23. The new company is being created to raise domestic grain purchases and sales and export volumes, as well as to upgrade and build elevators and port terminals, the decree published

Hogs, Livestock

Industry Vies For Federal Money

By Alana Vannahme March 19, 2009

The Canadian livestock and meat industries are wishfully thinking as they wait for details on how the $50 million promised for Canadian slaughterhouses in the federal budget will be distributed. Jim Laws, executive director of the Canadian Meat Council in Ottawa, said he was surprised by talk that the money could be used to expand

Cereals, Crops, News

Syngenta Corrects Crop Protection Guide

March 19, 2009

Syngenta Crop Protection Canada is offering Manitoba and Saskatchewan farmers stickers to correct the entries on Axial herbicide (page 90) and Quilt fungicide (page 282) in the two provinces’ 2009 Crop Protection Guides. The company warns that Axial’s label does not allow tank mixes with the broadleaf products 2,4-D, Estraprop, Express Pack or Thumper, “due

Beef cattle, Livestock, News

Keystone Processors Holds Ribbon Cutting

By Manitoba Co-operator Staff March 12, 2009

One in every three Manitobans has grown up without seeing a new beef-packing plant opened in Winnipeg. That streak came to an end this week when the city’s first new beef plant in roughly a generation was to hold a ribbon-cutting ceremony March 10. Keystone Processors Ltd. is housed in the former Maple Leaf pork

Beef cattle, News

National Beef To Go It Alone As JBS Bid Abandoned

By Bob Burgdorfer March 5, 2009

National Beef Packing Co. intends to operate as an independent company now that Brazilian beef company JBS SA has abandoned its attempt to buy the No. 4 U. S. beef producer, National Beef’s chairman told Reuters Feb. 20. While disappointed the deal was cancelled, National Beef chairman Steve Hunt said the company would move forward

Hogs, News

Smithfield To Shut Plants, Cut Jobs

By Bob Burgdorfer February 26, 2009

Smithfield Foods said Feb. 17 it would close six processed meat plants and eliminate 1,800 jobs while retaining its current hog slaughter capacity as it restructures its pork group. Smithfield, the largest U. S. hog and pork producer, makes more than 50 brands of pork and turkey products including John Morrell, Eckrich and Armour. None

Livestock, News

Herd Numbers Down To 2003 Levels

By Daniel Winters February 19, 2009

“The value of the dollar is going to drive the market.” – RICK WRIGHT January cattle herd numbers show that even with the massive sell-off of cull cows last year, the Canadian herd has only been brought back to 2003 levels – effectively quashing hopes that a shortage may boost prices this year. Cow kill

Daily Network News

U.S. grains: Chicago grain prices fall amid profit-taking and dollar rebound

U.S. livestock: Cattle fall back as inventory hits 75-year low

Farm family income gains driven by off-farm earnings: StatCan

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