Reuters — A Tyson Foods unit said Thursday it will temporarily halt production at a beef facility at Pasco, Washington, adding to the meat processing plant the company has had to shutter as it tests workers for COVID-19. Tyson said Wednesday it was closing two pork processing plants, including its largest in the U.S., further […] Read more
Tag Archives Beef Cattle — page 11
Tyson to shutter beef facility as workers tested
Beef plant employees asked to isolate at home
U.S. livestock: Lean hog, live cattle futures fall on plant shutdowns
Chicago | Reuters — U.S. hog and live cattle futures eased on Wednesday, with the cash market for the animals weak as processing plants were forced to shut down due to the coronavirus outbreak, traders said. Tyson Foods will indefinitely suspend operations at its largest U.S. pork plant to contain the spread of the coronavirus, […] Read more
U.S. livestock: Hog futures firm
Cattle futures slip with stock sell-off
Chicago | Reuters — CME Group hog futures advanced for the second day in a row on Tuesday, with supplies remaining tight due to shutdowns at slaughterhouses due to the coronavirus pandemic. Cattle futures were weaker, pressured by a sharp drop in equity markets. “Cattle are more closely tied with the economy,” said Don Roose, […] Read more
U.S. livestock: Hog futures rise on supply woes
CME cattle contracts ease
Chicago | Reuters — U.S. hog futures rallied on Monday, with supply expected to tighten after another slaughterhouse was shut down due to the coronavirus pandemic, traders said. “If we have packers up and running we know we have the domestic demand,” said Ted Seifried, chief market strategist for Zaner Ag Hedge. “It is just […] Read more
U.S. livestock: Cattle mixed on hopes of economic reopening
'We're producing too many pigs for our demand'
Chicago | Reuters — U.S. live and feeder cattle futures ended mixed on Friday, with nearby contracts pressured by coronavirus-related disruptions at packing plants, while hopes for a reopening of the economy lifted deferred contracts. Actively traded June live cattle ended higher on the week, for a second straight week, after seven consecutive weeks of […] Read more
U.S. livestock: Cattle futures rebound to one-week high
Lean hog trade remains focused on plant shutdowns
Chicago | Reuters — U.S. live and feeder cattle futures jumped to one-week highs on Thursday as the markets extended rebounds after diving recently on concerns about the new coronavirus backing up livestock on farms. Hog futures remained under pressure from disruptions caused by the virus, which has shut pork processing plants run by Smithfield […] Read more
Third major Alberta beef plant confirms COVID-19 cases
JBS in Brooks is the latest with infected workers, but will continue operations
UPDATED, April 17 — Cases of COVID-19 have now been confirmed at three of Alberta’s major beef packing plants. Three cases of COVID-19 were confirmed Wednesday at the JBS beef packing plant in Brooks, said Tom Hesse, Local 401 president with United Food and Commercial Workers (UFCW) Canada. JBS Canada spokesman Cameron Bruett confirmed some […] Read more
Beef cattle producers seek new set-aside plan
Cattle groups, Tories call for revival of BSE-era program
Canada’s beef cattle producer groups and federal Conservatives want to see the revival of a BSE-era program to hold cattle back against the risk of further lost options for slaughter. The Canadian Cattlemen’s Association on Monday hearkened back to its March 24 list of recommendations to the federal government for support measures against the impacts […] Read more
U.S. livestock: Cattle, hog futures recover
Cargill cuts more beef shifts, Smithfield shuts more pork plants
Chicago | Reuters — U.S. cattle and hog futures advanced on Wednesday as the markets recovered slightly from recent losses that traders said had dropped prices too far below the cash markets. Futures prices have tumbled recently as major meat companies have shut slaughterhouses due to the spread of the new coronavirus among employees. The […] Read more
U.S. livestock: Cattle futures rise as traders hope slaughterhouses reopen soon
Hogs more sensitive to packer disruptions
Chicago | Reuters — U.S. cattle futures rose Tuesday in a turnaround from recent losses, supported by a temporary easing of concerns over meat plants’ shutting due to cases of the COVID-19 coronavirus among workers, analysts said. Livestock markets have been fixated on shutdowns of meat plants because processing disruptions cause a backup in supplies […] Read more
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