U.S. dairy groups are accusing Canada of making it difficult for U.S. dairy exporters to take advantage of the full market access negotiated in the new North American trade deal, which takes effect on July 1. The Canadian government published the fine print on how the allocation of its tariff-rate quotas (TRQs) will work under... Read More
Category: Livestock
We hear from Anne Wasko of the Gateway Livestock Exchange every other Friday in our Beef Market Update, but today we're going in depth in this Thursday edition of RealAg LIVE! Anne joins host Shaun Haney to talk prices, markets, volatility, and so much more. (Summary available below the video) The boxed beef price has... Read More
Organizers of the World Dairy Expo have announced the 2020 edition of the show has been cancelled due to COVID-19. The largest dairy event in North America was slated to be held September 29 to October 3, 2020, at Madison, Wisconsin. General manager Scott Bentley says after meeting with government and public health officials, it... Read More
A federal grand jury in a U.S. District Court in Colorado has indicted four current and former senior executives from two major American chicken companies for their role in conspiring to fix prices and rig bids for broiler chickens. "Executives who cheat American consumers, restauranteurs, and grocers, and compromise that integrity of our food supply,... Read More
The four western Canadian provincial hog producer groups are asking three major pork processors for a larger cut of the value of each hog. The boards of directors for the B.C. Pork Producers Association, Alberta Pork, Sask Pork and Manitoba Pork Council have sent a letter to Maple Leaf Foods, Olymel, and Donald’s Fine Foods... Read More
Live cattle futures have been slowly chipping way at the drastic declines experienced earlier this year due to COVID-19. In the last 30 days, the June cattle future has climbed $15.45 to just under $100. At its lowest point, in early April, the June future was $76.60. With U.S. cash trading between $115 and $120... Read More
Canada and the U.S. have experienced very similar paths of food system disruption due to COVID-19. Both countries have seen the fall in restaurant demand and packers going offline, followed by milk dumping, animals being euthanized, and consumers hyperventilating over shortages of toilet paper and ground beef. Although they've experienced the same impacts and stress... Read More
Donald's Fine Foods, based in Richmond, B.C., is looking at developing the defunct XL foods beef plant in Moose Jaw into a sow processing facility. The company is conducting a feasibility study and gauging overall support from producers, the public, and government for creating a "technologically advanced sow processing facility serving Western Canadian hog producers,"... Read More
Alberta's agriculture minister is sharing new information regarding the cattle set-aside program that's being rolled out to address the backlog of cattle as processing capacity has been limited by COVID-19. A couple of weeks ago, the Alberta government announced they would be providing provincial funding in addition to the federal AgriRecovery funds for the set-aside... Read More
The Canadian Dairy XPO (CDX) has announced that its 2020 event, originally scheduled for April 1 and 2 and subsequently postponed, has now officially been cancelled. A statement from CDX says the final decision to cancel the Stratford, Ont., dairy industry showcase "was ultimately made by government and health officials with significant parameters around large-scale... Read More