Farms.com Home   News

CCA Reflects On COVID Challenges In The Beef Sector

The livestock sector, like many others, got hit hard by COVID.
 
Bob Lowe, President of the Canadian Cattlemen's Association reflects on the impact.
 
"When we look back at this time last year it was all roses. The futures were up, exports were really moving hard, we were opening up new markets and from a beef producers point of view there was no downside. That carried on fairly well til the middle of March, and then we all know what happened."
 
He says the pandemic showed us where the pressure points are in the supply chain, and it's obvious it's in the packing plants.
 
"When Cargill shut down for the 14 days, and JBS well they slowed right down. When you consider those two plants are about 80% of Canada's capacity
it didn't take long to back things up."
 
He says producers and processors should all be commended for the way they came through it, as well as the front line workers in the packing plants and grocery stores.
Click here to see more...

Trending Video

$5 Corn, $12 Soybeans, $7 Wheat & $750 Canola! Is the Top In/Party Over?

Video: $5 Corn, $12 Soybeans, $7 Wheat & $750 Canola! Is the Top In/Party Over?


$5 corn, $12 soybeans, $7 wheat & $750 canola! Is the top in and the party over with lower crude oil and an end to the Iran war?
The 2026 USDA May report could see ending stocks fall further due to red-hot U.S. corn exports, lower HRW production and lower Brazil corn production?
OK HRW wheat tour sees crop down 50% + Kansas Quality Council Wheat tour next week.
Headline news that U.S. could import Brazilian beef weighed on cattle futures.
Headline news of pseudorabies disease found in hogs in Iowa and #1 buyer Mexico may restrict exports weighed on hog futures.
Stocks are on fire.
5 senators are in China planning ahead of the Trump/Xi meeting on May 14/15. CFTC.