XL Foods Beef Plant Approved to Partially Reopen

Oct 11, 2012

Canadian Food Inspection Agency Allows Brooks Plant to Partially Reopen

The Canadian Food Inspection Agency (CFIA) has granted XL Foods Inc. plant to reopen the beef processing plant. The plant will only resume with partial operations and CFIA has laid out strict conditions as to which the company is allowed to operate. The CFIA has said that all corrective measures have been fixed such as cleaning and sanitization, drainage issues and freezer problems have all been addressed. The company is only allowed to process beef carcasses that are already in the plant and have tested negative for E. coli contamination. With this announcement also came an expanded beef recall for two products - one sold in New Brunswick and the other in Quebec – Janet’s Jerky’s and corned beef. There have been no reported illnesses associated to the most recent product recalls.

Video: Did Bears Win Thanksgiving, Will Bulls Get Christmas?

Did the bears win Thanksgiving (although this week had green on the screen), and will the bulls get Christmas? Bears won thanksgiving thanks to a USDA Nov crop report dud that stalled the bullish grain momentum for a brief period. But a bullish lower yield surprise in the Dec crop report could reignite the rally.
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Will a Russia-Ukraine peace deal happen by year-end?
CFTC data as of showed more managed money fund sell-off as of October 14th.