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
Tag Archives meat — page 2
Food, farming, forestry must be transformed to curb global warming, UN says
Earlier draft of panel report called for reduced intake of meat
Biden unveils plan to boost competition in U.S. meat industry
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 […] Read more
U.S. packer profit margins jumped 300 per cent during pandemic, economists say
Increased costs don't explain higher profits, White House advisors say
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
U.S. to lift BSE-related rules off sheep, goat imports
New scrapie-specific rules take effect next month
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
Britain tells its food industry to prepare for CO2 price shock
U.K. pays fertilizer maker CF Industries to reopen plants
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
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
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
German hog market shrugs off swine fever discovery on farms
Hamburg | Reuters — German pig prices were unchanged this week despite the discovery of the disease African swine fever in farm animals, German animal farmers’ association VEZG said on Wednesday. German pig prices were the same as last week at 1.42 euros (C$2.10) per kilogram slaughter weight, the VEZG said. A third case of […] Read more
U.S. ag secretary backs proposed meatpacking investigator
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
JBS says it paid US$11 million in bitcoin for ransom
Cyberattack disrupted plants in North America, Australia
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
U.S. livestock: Live cattle futures dip on slaughter delays
Lower supply expectations support hog futures
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
