For a company that proclaims its loyalty to Canadian ranchers on the back and sides of its transport trucks, navigating a foray into the plant-based market is going to be somewhat tricky. McDonald's marketing director Jean-Guillaume Bertola fully understands that the company has to strike a balance between adapting menus based on changing consumer preferences,... Read More
Category: Livestock
Canada's current bovine spongiform encephalopathy (BSE) status, as defined by the World Organization for Animal Health (OIE), is "controlled risk." Canada was eligible to apply to downgrade its risk status last summer; however, the Canadian Food Inspection Agency says it's on track to submit for "negligible risk" status by July of this year. "The U.S.... Read More
The China-U.S. mega trade deal promising big things for ag product sales has seen some of its momentum lost to the coronavirus outbreak. "It makes things way more complicated," says Don Close, a senior analyst at RaboResearch Food & Agribusiness. "As soon as that agreement was signed, U.S. markets started to sell off, and have... Read More
News of the U.S./China trade deal has largely focused on China agreeing to purchase $80 billion in U.S. agricultural goods over the next two years, but there are other clauses in the text of the deal that have the potential for a large impact on American and Canadian beef producers. The deal also includes a... Read More
In a stroke of good luck, both Anne Wasko of Gateway Livestock Exchange and Shaun Haney, host of RealAg Radio, were in San Antonio, TX this week to take in the National Cattlemen's Beef Association's annual convention. That means this edition of the Beef Market Update is a very special in-person recording, which makes the... Read More
Feed costs are one of the variables that cattle feeders have to keep a close eye on, no matter the year. Early indications for this year, at least, look to be feeder-friendly. The 2019 corn crop faced very adverse conditions and still came out with a respectable yield. United States Department of Agriculture and many... Read More
Montreal-based dairy processing giant Saputo has announced plans to close facilities at Trenton, Ont., and Saint John, New Brunswick. The company says the closures are "aimed at improving its operational efficiency and right-sizing both its manufacturing footprint and sales force in Canada." The Trenton plant is scheduled to be shut down in September of this... Read More
United States Department of Agriculture Secretary Sonny Perdue held a press conference at the National Cattlemen's Beef Association convention this week in San Antonio, Texas, to talk about the U.S. government's work on trade, dairy access, and more. As one of the biggest supporters of U.S. President Donald Trump's agenda, Secretary Purdue boasted about the... Read More
Beef industry leaders from Canada, United States, and Mexico are meeting in San Antonio, Texas this week at the National Cattlemen's Beef Association (NCBA) Cattle Industry Convention. Representatives from all three countries discussed the progress on ratifying the United States-Mexico-Canada Agreement. With Mexico and the U.S. ratifying the deal, Canada is the lone country left... Read More
What carries greater downside risk: having to sell in a down market to generate cash flow, or pre-selling a crop in increments? The short answer is it depends, but the in-depth explanation is that panic or stressed sales by their nature are rarely the most profitable. Pre-selling some crop carries a risk, yes, but there... Read More