Wow, have you looked at the price of a steak lately? Canadian retail beef prices are at the highest level in history, inflating over 20% a year. A good steak or roast can cost $25-50 in the store; can you believe it? That is for an unbranded commodity product sold from a largely undifferentiated commodity…
What a year we endured in 2021, but as the saying goes, “don’t look back you’re not going that way.” Of course, at ABP we do need to reflect upon our organization and industry experiences, learnings, and considerations from this past year, as that continues to be a foundation for the growth of our organization…
Unionized workers at Cargill High River have accepted the company’s new offer, according to UFCW Local 401. Voting wrapped up on Saturday, with 71 percent in favour of the contract. “The contract is the best of its kind and presented unprecedented gains in this time of economic and political uncertainty and during the biggest health…
Unionized employees at Cargill will begin voting on an updated offer proposed by Cargill on Thursday. The union representing those employees, UCFW, Local 401 says that while they won’t release the exhaustive outline of the offer, in their words it includes: As much as $4,200 in retroactive pay for many Cargill union members, A $1,000…
According to United Food and Commercial Workers Union (UFCW), Local 401, Cargill union members voted down Cargill’s contract offer by a 98 percent margin this week. “Cargill workers have told their employer through another overwhelming vote that they matter and that they deserve something more,” said UFCW Local 401 President Thomas Hesse. “We will be…
Last week the Canfax fed heifer price closed around $160/cwt, $5/cwt higher than the previous week. This is the highest fed prices have been since June. Last week dressed sales were reported at mostly $270/cwt delivered. With weaker basis levels many producers passed bids and a decent portion of last week’s cash offering will be…
Alberta Beef Producers (ABP) continues to monitor the ongoing labour dispute at the Cargill High River processing plant. We have connected with Cargill and the Government of Alberta, and remain optimistic that a mutually beneficial agreement will be reached between the two parties before December 6. Alberta’s beef farmers and ranchers rely on continuity in…
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