A healthcare worker tests people for COVID-19 at a Calgary Rural Primary Care Testing Centre drive-through location at the High River, Alta., Culture Centre. The town is home to Cargill's beef packing facility in Alberta. |  Mike Sturk photo

Cargill closes High River beef plant

The Cargill meat processing plant in High River, Alta., which slaughters 40 percent of the cattle in Canada, announced temporary closure effective April 20. Date of reopening is unknown but the Canadian Cattlemen’s Association said it could mean industry losses of half a billion dollars by June if the closure lasts that long. Halt of […] Read more

The USDA’s report showed July placements at 1.615 million head, which was 55 million below the average forecast of 1.670 million.   |  File photo

U.S. feedlot cattle placements smaller than analysts expected

CHICAGO (Reuters) – U.S. ranchers in July placed 2.7 percent more cattle in U.S. feedlots than a year ago, but fell short of average analysts’ forecasts. Dwindling profits for feedyards, reflecting weaker fed cattle prices, discouraged them from buying calves for fattening, said analysts following the U.S. Department of Agriculture cattle on feed report Aug. […] Read more

JBS is selling its 75,000 head feedlot at Brooks, Alta., to MCF Holdings for $50 million. | File photo

Nilsson-owned firm buys Alta. feedlot from JBS

JBS is selling its 75,000 head feedlot at Brooks, Alta., to MCF Holdings for $50 million. MCF Holdings is owned by Nilsson Bros., which is based in Alberta. The Nilsson family originally owned XL Foods at Brooks, but sold it to the Brazilian company in 2013 following a food safety crisis at the plant. The […] Read more