Washington/Chicago | Reuters — JBS SA employees started returning to U.S. meat plants on Wednesday, a day after the company’s beef operations stopped following a ransomware attack, disrupting meat production […] Read more
Tag Archives Pork
JBS plants reopen as White House blames Russia over hack
U.S. livestock: Lean hogs up on firm demand, tight supplies
Daily cattle slaughter down on week
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed on Friday as pork demand remained firm and supplies of market-ready hogs stayed low, analysts said. “At some point […] Read more
Olymel gets home province’s backing for plant upgrades
Quebec to invest $150 million in packer
Pork and poultry producer and packer Olymel has picked up equity investments from its home province to support a total of $315 million in plant upgrades. The Quebec government announced […] Read more
JBS able to pass on higher grain costs in North America
Sao Paulo | Reuters — JBS SA, the world’s largest meatpacker, has been able to pass higher grain costs on to consumer prices because food demand is strong in markets […] Read more
U.S. livestock: CME cattle futures up on beef prices, demand
June hogs down off recent rallies
Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Friday on strong beef prices and demand for red meat that also catapulted margins for beef processors. Meat demand […] Read more
U.S. livestock: Hogs rally again on pork prices, supply woes
June live cattle rise to even with June hogs
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures extended a sharp rally on Wednesday, touching contract highs for the fourth consecutive day on limited supplies and strong pork […] Read more
U.S. livestock: Hog futures extend rally on cash prices, tight supply
Cash cattle, beef values see 'significant disconnect'
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures hit contract highs for the third consecutive day on Tuesday as a strong cash market and tight supplies pushed up […] Read more
Workers call strike at Olymel hog plant in Quebec
Producers urged to prioritize heavier hogs when shipping
Talks toward a new contract for unionized employees at meat packer Olymel’s hog slaughter and processing plant in Quebec’s Beauce region have ended in a strike. The Syndicat des travailleurs […] Read more
Montreal longshore workers escalate strike
Strike to move from part-time to full-time on Monday
Exports of containerized crops and other goods and imports of ag inputs may stall as striking longshore workers at the Port of Montreal get set to level up from part-time […] Read more
U.S. livestock: Cattle, hog futures sag on technical selling
Wholesale beef prices supportive
Chicago | Reuters — U.S. cattle futures closed lower on Wednesday on lacklustre cash markets, soaring feed costs and technical selling, traders said. Chicago Mercantile Exchange June live cattle futures […] Read more
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