Recent packing plant closures or possible sales in the U.S. are shifting the balance of leverage across the North American cattle sector, bringing processing capacity much closer to current livestock supplies. In this video interview, Shaun Haney is joined by Brenna Grant, head analyst at Canfax, to discuss how recent processing closures—including Tyson's immediate shutdown... Read More
Category: Livestock
The Canadian Cattle Foundation has awarded the annual Reg Schellenberg Next Generation Legacy Award to Cyle Stewart of Morse, Sask. The award will support Stewart's continued participation in the Canadian Cattle Young Leaders (CYL) Program. The award was presented earlier this week at the Canadian Beef Industry Conference happening in Winnipeg. In December 2022, Reg... Read More
If you’ve ever contemplated walking away from the day job, selling your house, and jumping headfirst into farming, Renaud Gagné’s story will sound familiar. Hitting 40 and looking down the barrel of the next 20 years, Renaud and his wife Anna-Marie took a hard look at where things were heading for their family of six,... Read More
What a week. For this episode of the Beef Market Update, Shaun Haney and Anne Wasko of the Gateway Livestock Exchange dive into major shifts across the North American beef sector, starting with significant operational adjustments from major packers. Tyson announced plans to transition one facility into a packaging plant, sell its Pasco, Washington location,... Read More
In recent years, the U.S. has attempted to support a voluntary "Product of USA" label that is highly restrictive and has, by many accounts, lacked mainstream uptake. Now, some U.S. ranching groups have pushed a bipartisan group of lawmakers back toward a policy from the past. The U.S. Senate Agriculture committee last week passed an... Read More
Tyson Foods has announced a series of moves to restructure its beef processing business as packers continue to fight compressed margins and tight cattle supplies across North America. The company announced Aug. 13 that it will consolidate its beef business around three plants in Dakota City, Nebraska; Holcomb, Kansas; and Amarillo, Texas, while ramping up... Read More
The push to revive mandatory country-of-origin labeling (MCOOL) for beef in the U.S. has received new life after the Senate Agriculture Committee added the policy to its version of the new Farm Bill last week. The move threatens to reopen an old dispute while top Canadian and U.S. trade officials are locked in high-stakes negotiations,... Read More
Gay Lea Foods Co-operative Ltd. says it will spend $200 million to significantly expand its Clayson Road dairy manufacturing facility in Toronto, driven by a national cottage cheese shortage and demand for high-protein dairy products. The expansion, to be complete in 2028, will create up to 75 new positions at the Clayson facility. "Cottage cheese... Read More
The public comment period is now open for the draft Code of Practice for the Care and Handling of Sheep. The public comment period allows stakeholders, including producers, consumers, and others with an interest in the welfare of sheep, to review the draft Code and provide input that will inform the final version, recognizing that... Read More
Extreme volatility and shifting trade policies continue to reshape North American cattle markets. In this week's Beef Market Update, Shaun Haney is joined by Anne Wasko of Gateway Livestock Exchange to unpack a tumultuous month for both cash and futures trade. U.S. cash prices finally stabilized near $231 to $232 per cwt following a violent... Read More