The World Trade Organization has once again sided with Canada and Mexico, as the WTO Appellate Body published a fourth and final ruling on U.S. country of origin labeling rules today. The appeal panel decision affirmed earlier rulings saying COOL illegally discriminates against foreign livestock (read the report and findings here). “The United States has used and… Read More
Category: Meat Markets
Remember last year, when hog prices spiked and concerns about high bacon prices hit headlines in the mainstream news? For pig producers and processors, those days are distant history, as the North American pork market has since undergone a major reversal. Not wanting to expose consumers to volatility, grocery stores generally lag behind the hog market in moving prices higher (and… Read More
The grass is greening up, the calves are hitting the ground and the steaks are about to hit barbeques across North America, even as cattle prices flirt with new record highs. There’s no way around it — it’s a great time to be a cattle producer in Canada. No one begrudges the cattle industry some… Read More
Years of financial and regulatory challenges have taken a toll on pork production in Manitoba, to the point where the province’s largest hog processing facility now needs around 175 new barns built to operate at full capacity, according to the company’s president and CEO. Speaking at the Manitoba Pork Council annual meeting in Winnipeg on… Read More
Cattle markets typically have seasonal high and lows that you can track and capitalize on…except in the last while, when it seems the markets haven’t stayed true to the more predictable pattern we’ve come to expect. With the first quarter of 2015 behind us, cattle markets are flirting with and surpassing record highs, but April… Read More
North American hog prices have tumbled dramatically from the record highs seen last summer, pushed by a reduced impact from disease, a growing breeding herd and lagging U.S. pork exports. “It’s amazing how quickly things can change, but it does accent how high we were last year as well,” says Tyler Fulton, director of risk management… Read More
It’s nearly the middle of March, but it feels more like May in many parts of Western Canada. Spring-like days with temps in the double digits for much of the southern areas of Alberta and Saskatchewan seem to have buoyed cattle markets, as it’s likely grass will be abundant and soon. That’s the latest Beef… Read More
Delegates of the Alberta Beef Industry Conference heard from the Canadian Food Inspection Agency (CFIA) and Alberta Agriculture and Rural Development (AARD) on the latest case of bovine spongiform encephalopathy (BSE) on February 20, 2015. The representatives gave an update on the case, and provided insight into the measures Canada is taking to reduce disease incidence. “The way that… Read More
While many ranchers and producers visibly cringed at the announced positive BSE case found in northern Alberta earlier this month, the cattle markets barely seemed to bat an eye. Why was that? A rather under the weather Anne Wasko, of Gateway Livestock, joins Real Agriculture’s Shaun Haney on this latest Beef Market Update to talk… Read More
There are signs the long-running dispute over U.S. mandatory country of origin labelling (COOL) rules for meat is moving closer to resolution, as a Canadian delegation led by Agriculture Minister Gerry Ritz visited Washington, DC. this week. “COOL is on life support,” Ritz told reporters on a conference call on Thursday afternoon. In what was the… Read More