Cattle Experts Say It Will Get Better

Cattle industry experts are in general agreement that the long-term outlook is bright for the beef industry. However, the short term remains troubled. A substantial list of long-term positives were listed by presenters at the recent Saskatchewan Stock Growers Association annual meeting in Moose Jaw. Pork, poultry and beef supplies are all dropping in North

Tyson Still Making Money

Beef, pork and chicken are currently profitable for Tyson Foods Inc. even as cash-strapped consumers eat at home more and seek out lower-cost foods, Tyson’s interim chief executive said during an investor conference May 13. “Our chicken segment has been profitable since the end of February and it continues to be so,” interim CEO Leland



Tyson Foods Partners With Pet Food Company

U. S. meat producer Tyson Foods Inc. said on March 17 it will take a minority stake in Freshpet, a maker of fresh, refrigerated dog food and treats. “The $17 billion pet food market, which has become one of the top 10 packaged-goods categories, has seen significant growth in recent years. One of the key


Time To Rethink The Beef Business

We are encouraged by a growing consumer movement towards not only organic foods, but just as important, local foods. Has anyone paid much attention to the NFU’s November 19, 2008 report on The Farm Crisis and the Cattle Sector? Among other things, the report reveals that average cattle prices are nearly half what they were

Troubles Not Over For U. S. Meat Firms

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


Brazil’s JBS Drops U. S. National Beef Bid

Brazil’s JBS, the world’s largest beef producer and owner of JBS-Swift, has abandoned its attempt to take over U. S. meat company National Beef Packing Co., saying it could not work out an agreement with U. S. authorities over terms of the deal. JBS became the No. 3 U. S. beef producer in 2008 when

Mexico clears U. S. meat plants

USDA confirmed Dec. 30 that Mexico has approved 20 of 30 suspended U. S. meat plants to resume shipments to that country. The 30 meat plants, which produce beef, pork, and poultry, were suspended from shipping to Mexico the previous week due to sanitary issues like packaging, labelling, and transport conditions, USDA and Mexican officials


A Pilgrim’s Pride bankruptcy may help rivals

Any bankruptcy filing by Pilgrim’s Pride Corp., the largest U. S. chicken producer, could support higher pricing for the entire poultry industry as capacity is taken out, Fitch Rating said Nov. 18. A Pilgrim’s Pride bankruptcy looks “pretty inevitable,” given that the company has hired a restructuring adviser and is exercising a grace period for

Russia to cut poultry, pork import quotas

Overseas suppliers of meat to Russia may make fewer shipments to that country next year as Russia plans to cut 2009 import quotas on poultry by 300,000 tonnes and pork by 200,000 tonnes. Agriculture Minister Alexei Gordeyev announced the government’s plan Monday, as Prime Minister Vladimir Putin urged the government to speed up reform. “We