packers Archives - Manitoba Co-operator

Klassen: Feeder market continues the climb

Statistics show tightening supplies in Canada, U.S.

By GFM Network News, Jerry Klassen March 8, 2023

Compared to last week, western Canadian feeder markets yearling markets traded $2-$5 higher. Replacements in the 700- to 800-lb. weight category appeared to jump $5 to as much as $15 in some cases. Calves weighing 500-700 lbs. were unchanged to $4 higher on average after rallying nearly $20 over the past month. There were limited

Livestock

Small U.S. meatpackers get boost from Biden administration

By Christopher Walljasper January 17, 2023

FUNDING Latest round of grants and loans aims to diversify meat processing after COVID disruptions

Reuters — The Biden administration is awarding an additional US$9.6 million in grants and loans to expand meat processing across the country, it announced Jan. 5, as the government tries to diversify the industry beyond four companies that have long dominated it. The effort to expand meat processing capacity comes after COVID-19 infections among workers

Livestock, News

U.S. beef pricing bill on Canadian radar

The Canadian sector says U.S. packer competition and price discovery are good for cattle producers north of the border

By Allan Dawson May 27, 2022

The United States is pondering federal legislation to boost competition among beef packers and improve cattle price discovery, and the Canadian cattle industry is watching closely. “Producers in general, but more specifically cattle and beef producers on both sides of the border, crave better price transparency and price discovery,” Manitoba Beef Producers president Tyler Fulton

Comment, Op/Ed

Comment: A beef with greed

Legal wrangling may expose Canada’s lack of action on collusion in the food market

By Sylvain Charlebois April 26, 2022

We recently learned that a Quebec-based group is leading the class-action lawsuit aimed at major federally licensed beef packers. Cargill, JBS Food Company, Tyson Foods and National Beef Packing Company are all accused of colluding and inflating beef prices since 2015. So, if you’re a consumer in Quebec who’s been buying beef since 2015, you

Livestock, Markets

Klassen: Steady fed cattle market supports feeder complex

By GFM Network News, Jerry Klassen April 5, 2022

Compared to last week, western Canadian yearling prices were $2-$4 higher on average while calves were steady to as much as $5 higher. Alberta packers were buying fed cattle on a dressed basis in the range of $273-$275 delivered; live prices were quoted at $161 f.o.b. the feedlot. There is a severe backlog of market-ready

Livestock, Markets

Klassen: Demand increases for lighter-weight feeder cattle

By GFM Network News, Jerry Klassen February 15, 2022

Compared to last week, western Canadian yearling prices were unchanged to $4 higher. Mid-weight feeders from 660 to 750 pounds traded $2 to as much as $6 higher on average. Feeder cattle in the 550- to 650-lb. range traded $4 to as much as $10 higher. Feeder cattle under 550 lbs. were up $10-$20 depending

U.S. President Joe Biden and U.S. Attorney General Merrick Garland attend a video conference with farmers, ranchers and meat processors to discuss meat and poultry supply chain issues, from an auditorium on the White House campus in Washington, D.C. on Jan. 3, 2022. (Photo: Reuters/Jonathan Ernst)

Livestock, Markets

Biden unveils plan to boost competition in U.S. meat industry

By GFM Network News January 4, 2022

Reuters — The United States will issue new rules and US$1 billion in funding this year to support independent meat processors and ranchers as part of a plan to address a lack of “meaningful competition” in the meat sector, President Joe Biden said Monday. The initiative comes amid rising concerns that a handful of big

CME December 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

Livestock, Markets

U.S. livestock: USDA lifts estimates for beef production, cattle prices

December live cattle up, lean hogs lower

By GFM Network News, Tom Polansek November 10, 2021

Chicago | Reuters — The U.S. Department of Agriculture on Tuesday raised its forecast for beef production and cattle prices in 2021 and 2022 due to strong demand and heavier livestock. Robust sales of U.S. beef to domestic consumers and overseas buyers have helped support Chicago Mercantile Exchange (CME) cattle futures. USDA, in a monthly

Livestock, Markets

U.S. livestock: CME cattle, hog futures fall

By GFM Network News, Mark Weinraub September 9, 2021

Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures weakened Wednesday, with live cattle sagging to their lowest in three months on sluggish cash market activity, traders said. The hog market was pressured by concerns about demand in China, where high prices have slowed the consumption of pork. CME December live cattle settled

U.S. President Joe Biden tours a manufacturing lab at McHenry County College during a visit to northwest Chicago suburb Crystal Lake on July 7, 2021. (Photo: Reuters/Evelyn Hockstein)

Markets

Biden seeks to lift limits on U.S. farmer dealings with tractor makers, packers

Executive order to address corporate 'abuses of power'

By GFM Network News July 7, 2021

Washington | Reuters — U.S. President Joe Biden wants to give that country’s farmers more power in negotiating the sale of livestock to big processors and in deciding who repairs their tractors, the White House said on Tuesday. The executive order, expected within days, will also address such competitive issues as delayed airline baggage, cellphone

U.S. grains: Wheat futures rise on supply snags in top-exporter Russia

Trump tariff on Brazilian goods could jack up U.S. burger price

U.S. livestock: Cattle mixed despite fresh supply threats

Daily Network News

U.S. grains: Wheat futures rise on supply snags in top-exporter Russia

Trump tariff on Brazilian goods could jack up U.S. burger price

U.S. livestock: Cattle mixed despite fresh supply threats

Tag Archives packers

Klassen: Feeder market continues the climb

Small U.S. meatpackers get boost from Biden administration

U.S. beef pricing bill on Canadian radar

Comment: A beef with greed

Klassen: Steady fed cattle market supports feeder complex

Klassen: Demand increases for lighter-weight feeder cattle

Biden unveils plan to boost competition in U.S. meat industry

U.S. livestock: USDA lifts estimates for beef production, cattle prices

U.S. livestock: CME cattle, hog futures fall

Biden seeks to lift limits on U.S. farmer dealings with tractor makers, packers

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