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Tag Archives meat — page 2

The United Nations’ General Assembly Hall in Manhattan. (BWZenith/iStock/Getty Images)

Food, farming, forestry must be transformed to curb global warming, UN says

Earlier draft of panel report called for reduced intake of meat

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Reuters — Protecting forests, changing diets, and altering farming methods could contribute around a quarter of the greenhouse gas cuts needed to avert the worst impacts of climate change, according to the United Nations’ climate panel. But the changes are unlikely to happen unless governments act to spur them along, the report from the Intergovernmental […] Read more
(Fly View Productions/E+/Getty Images)
Livestock, Markets

U.S. packer profit margins jumped 300 per cent during pandemic, economists say

Increased costs don't explain higher profits, White House advisors say

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Washington | Reuters — Four of the biggest meat-processing companies, using their market power in the highly consolidated U.S. market to drive up meat prices and underpay farmers, have tripled their own net profit margins since the pandemic started, White House economics advisers said. Financial statements of the meat-processing companies — which control 55 to […] Read more
File photo of goats on display at the Hanover Agricultural Fair in Grunthal, Man. in August 2019. (Dave Bedard photo)
Livestock

U.S. to lift BSE-related rules off sheep, goat imports

New scrapie-specific rules take effect next month

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U.S. restrictions that have hindered that country’s imports of live Canadian sheep and goats, going back to the start of the BSE crisis in 2003, are set to be scrapped and replaced with rules applying specifically to scrapie. The U.S. Department of Agriculture’s Animal Plant and Health Inspection Service (APHIS) on Friday published a new […] Read more
An information label is seen on packaging for a CO2 cylinder for a fizzy drinks machine in Manchester, Britain on Sept. 20, 2021. (Photo: Reuters)/Phil Noble)
Livestock

Britain tells its food industry to prepare for CO2 price shock

U.K. pays fertilizer maker CF Industries to reopen plants

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London | Reuters — Britain warned its food producers on Wednesday to prepare for a 400 per cent rise in carbon dioxide prices after extending emergency state support to avert a shortage of poultry and meat triggered by soaring costs of wholesale natural gas. Natural gas prices have spiked this year as economies reopened from […] Read more
American cattle producers have asked the U.S. Congress and federal regulators for years to strengthen the Product of USA label. It could be bad news for Canadian producers if their U.S. counterparts get their way.
News

Momentum builds for Product of USA label

American cattle producers support the Biden administration as it forges ahead with ‘top to bottom’ review of meat labels

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Glacier FarmMedia – It’s nearly a certainty that America will change its Product of the USA label for meat. President Joe Biden and Agriculture Secretary Tom Vilsack seem determined to clear up confusion over the voluntary labeling program and make it easier to understand. In the first week of July, the U.S. Department of Agriculture […] Read more
The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Livestock, Markets

U.S. ag secretary backs proposed meatpacking investigator

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Reuters — U.S. Agriculture Secretary Tom Vilsack on Tuesday threw his support behind a proposal to establish a special investigator to address concerns about anti-competitive practices in the meat and poultry industries. Republican U.S. Senators Mike Rounds of South Dakota and Charles Grassley of Iowa and Democratic Senator Jon Tester of Montana have proposed legislation […] Read more
Brazilian meatpacker JBS SA’s logo on a tower in Jundiai, northwest of Sao Paulo in southeastern Brazil, on June 1, 2017. (File photo: Reuters/Paulo Whitaker)
Livestock, Machinery

JBS says it paid US$11 million in bitcoin for ransom

Cyberattack disrupted plants in North America, Australia

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Reuters — Meatpacker JBS USA paid a ransom equivalent to US$11 million (C$13.3 million) following a cyberattack that disrupted its North American and Australian operations, the company’s CEO said in a statement Wednesday. The subsidiary of Brazilian firm JBS halted cattle slaughtering at all of its U.S. plants and its Alberta beef plant for a […] Read more
CME April 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle futures dip on slaughter delays

Lower supply expectations support hog futures

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Chicago | Reuters — U.S. live cattle futures fell on Thursday as short-term processing delays caused by power outages and frigid weather backed up cattle and softened cash prices, traders said. Chicago Mercantile Exchange April live cattle futures settled down 1.225 cents at 122.925 cents/lb., while the spot February contract ended 0.175 cents lower at […] Read more

Cyber-Savvy Farmer

Glacier Farmmedia Podcast