GFM Network News

Meat industry’s 2020 performance ‘phenomenal’: analyst

Kevin Grier lauded the tremendous effort from meat plant workers, management to safely bring packers back online after pandemic shutdowns

Meat plant closures in the early days of the pandemic were hard to wrap his brain around, said analyst Kevin Grier. He recalled the moment he heard Cargill’s beef-processing plant in High River, Alberta had gone down to one shift. “I literally could not believe it because of the ramifications,” Grier said. “Shortly after it

JBS sees steady trade flows but flags export woes

Sao Paulo | Reuters — Brazil’s JBS, the world’s largest meatpacker, has said the COVID-19 coronavirus epidemic could cause container shortages, port disruptions and other logistics issues, but said trade flows should stay strong thanks to Chinese demand. In a conference call to discuss earnings results on Thursday, JBS executives said its export operations had

Carrefour cuts ties with Brazilian meat firms tainted by slave labour

Some cattle farms in Brazil have forced workers to work against their will

Reuters – Carrefour and a Brazilian supermarket chain have severed ties with Brazilian companies involved in slave labour after coming under fire for buying meat sourced from blacklisted farmers. The French supermarket retailer — Europe’s largest —- and Grupo Pão de Açucar (GPA) have pledged in recent years to keep their supply chains free of

Investors press meat producers to cut water pollution

Reuters — Forty-five large investors collectively managing C$1.6 trillion in assets are pressing some of the nation’s largest meat producers to set policies for reducing water pollution in their feeding, slaughtering and processing operations. The investors, who are members of sustainability non-profit advocate Ceres and the Interfaith Center on Corporate Responsibility (ICCR), sent letters to