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Cereals, News

In Brief… – for May. 5, 2011

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First quarter:Maple Leaf Foods Inc., passed on rising food costs to consumers in the first quarter and posted a higher profit April 28. Maple Leaf said its profit margins on prepared meats rose because of its price increases, although it also reported some volume declines. The company, which sells its products under such brands as
Cereals, News, Oilseeds

Record Canola Acres — If Land Dries Soon

Canada’s farmers intend to plant more canola, all wheat and oats than the trade expected, according to Statistics Canada’s first report on 2011 crop plans, but wet farms have left seeding plans in doubt. Farmers have been idled so far this spring as cool weather slowed melting of deep snow-pack on already saturated ground. Planting
Hogs, Opinion

Cautious U.S. Hog Herd Expansion Underway

Record-high hog prices and strong demand from overseas markets are spurring U.S. hog farmers to pursue production expansion opportunities. But with global hog output expected to hit a record in 2011, producers need to be cautious about overexpansion – especially in the current environment of record-high input prices. U.S. hog farmers have been faced with
News

In Brief… – for Apr. 28, 2011

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New president:Sinclair Harrison of Moosomin, Sask. has been elected president of the Hudson Bay Route Association (HBRA). Harrison, longtime president of the Farmer Rail Car Coalition and former president of the Saskatchewan Association of Rural Municipalities, was named to the position at a board of directors’ meeting in Virden following the HBRA’s 68th annual convention
Livestock

Cattle Abuse Causes Slump In Futures

U.S. cattle futures slumped April 20 after an animal-welfare group released a grisly video depicting dairy calves on a Texas ranch being killed with a hammer and pickaxe. The owner of the E6 Cattle LLC ranch described the incident as a one-time event involving four new employees who had since been fired, and said training
Beef cattle, Hogs, Livestock, Poultry

U.S. Meat Sales Holding Despite Higher Prices

Consumer spending at U.S. meat counters is steady to up slightly over the past two years as worries about the economy and high unemployment have waned, according to surveys presented at a meat industry convention Apr. 13 “At this point consumers are relatively happy because they are coming out of the other side of the
Beef cattle, News

South Korea Likely To Lift Canadian Beef Import Ban

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South Korea is likely to lift an eight-year ban on Canadian beef imports by the end of June and plans sweeping changes in its grain-growing and import policies in the face of rising global food prices, the country’s farm minister said April 14. Rising global food prices have prompted the country to eye participation in
Crops

Bangladesh Adopts Food Security Plan

Bangladesh has adopted a nearly $8-billion plan to ensure food security over the next five years, Food and Disaster Management Minister Muhammad Abdur Razzaque said April 2. “We have finalized the investment plan for our food security until 2015 and have full support from our development partners to implement it,” he told Reuters. The government
News

FAO Sees Food Price Rebound

Global food prices are expected to rebound in the next few weeks after coming off record highs in March as demand keeps growing against tight supplies, a top official at the United Nations’ food agency said on April 7. “We believe that in the next few weeks, and there are already signs of it, prices
News

World’s Biggest Meat Packer Listening To His Mom

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Wesley Batista is likely to take a little less heat from his mother from now on. The 40-year-old chief executive of the world’s biggest meat producer, Brazil’s JBS, says his mother is always complaining that the family business was buying too many companies in its zeal to expand. “My mom for years has been saying,

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