GFM Network News


U.S. livestock: Live cattle hit lowest price since June under supply pressure

December lean hogs close up off recent low

Chicago | Reuters — U.S. live cattle futures fell on Monday, with the most-active contract touching its lowest price since June under pressure from a larger-than-expected number of cattle on feed in the United States, traders said. The U.S. Department of Agriculture, in a monthly report issued after the markets closed on Friday, said 11.7



Cattle producers get COVID set-aside program

The federal government is going it alone on funding the $2.5-million program in Manitoba

Manitoba cattle producers are getting a support program to help offset the impact of COVID on their sector. The 2020 Manitoba Finished Cattle Feed Assistance Program will provide “… up to $2.5 million…” in direct support, a news release from Agriculture and Agri-Food Canada stated. For finished cattle payments of $1.20 per day per animal will “… help offset costs to

B.C. ag minister, critic expected to win re-election

NDP projected to form majority government

British Columbia’s incumbent agriculture minister and opposition ag critic both appear set to head back to the provincial legislature as the New Democrats are projected to end three years of tentative minority governing. John Horgan’s NDP, which in 2017 overturned a minority Liberal government with the help of the Green Party, was projected Saturday evening

Fall cattle run now well underway

A stronger loonie limited buying interest from the U.S.

With the fall run underway, Manitoba’s cattle auctions saw a busy week with well over 13,000 head sold. “The auction barn was very full. A lot of cattle are starting to move now,” Tyler Slawinski of Gladstone Auction Mart said of its Oct. 14 sale. Most of the cattle at Gladstone were to be shipped


Brazil producing more meat on less land

Meat packer also says direct suppliers don’t contribute to deforestation

Livestock suppliers in Brazil are producing more while using less land, as concerns mount about straining natural resources to produce food to feed a growing world population, Gilberto Tomazoni, global chief executive of the world’s largest meat packer JBS SA, said Oct. 16. In remarks made during a panel discussion to mark World Food day, Tomazoni said meat

U.S. livestock: Hog, live cattle futures up on bargain buying

USDA Cattle on Feed data tops expectations

Chicago | Reuters –– Chicago Mercantile Exchange lean hog and live cattle futures rose on Friday on some bargain buying ahead of the weekend. Hog futures snapped a three-session losing streak, the longest for the December contract in five weeks, while live cattle rebounded from its lowest since June 29. CME December lean hogs rose

U.S. livestock: Hog futures fall for third day in a row

USDA report expected to show more cattle on feed

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for the third day in a row on Thursday, with traders saying they expected the recent surge of Chinese demand for pork to fade as the world’s top consumer rebuilds its decimated hog herd. “I increasingly see more attention paid to deteriorating long-term export


An inflatable model of a

EU trade deal: High hopes replaced by frustration

Instead of billions in extra trade, agreement 
bogged down in fruitless talks on ‘technical’ trade barriers

Glacier FarmMedia – CETA is short for the Comprehensive Economic and Trade Agreement, but for many it’s become a term for frustration and disappointment. “When CETA was signed and ratified three years ago, there were lots of promises,” said Doug Sawyer, a cow-calf producer from Pine Lake, Alta. and co-chair of the foreign trade committee

Four Quebec farm programs’ payments to roll early

FADQ to pay out $9.1 million on four programs on Nov. 1

Four provincial farm development programs in Quebec are to pay out to over 5,000 farm businesses a month ahead of schedule. La Financiere agricole du Quebec (FADQ), the provincial ag lending agency, announced Wednesday it will pay out about $9.1 million to businesses participating in the four programs effective Nov. 1. FADQ noted it made