GFM Network News





Cattle producers finally get a little help from Mother Nature, in the form of a mild winter.

Livestock sector benefiting from mild winter weather

Producers entered the fall worrying about feed supplies, that are now stretching further

As Manitoba basks in a startlingly mild winter, the province’s graziers are catching a long-overdue break. After successive years of poor pasture, extended feeding seasons and disappointing hay harvests, the mild weather has put a cap on their herds’ feed needs. That’s helping them make the most of what they have, producers and industry watchers

High feed grain prices in the West are expected to keep a lid on feeder cattle values this month.

Only a trio of cattle auctions to start 2021

A stronger loonie is making Manitoba cattle less attractive for export

With just three auctions open, fewer than 640 head of cattle were sold at Brandon, Virden and Grunthal for the week ended Jan. 7. “There wasn’t enough to really quote accurate market (prices),” said Keith Cleaver, manager of Heartland Livestock Services’ Brandon auction. “The first week is pretty slow always,” he added, noting cattle numbers



U.S. livestock: Cattle, hog futures fall as corn rises

U.S. beef, pork export sales both up on week

Chicago | Reuters — CME feeder cattle futures fell on Thursday, retreating back toward a three-month low on prospects for increased input costs for livestock operators due to surging corn prices. “It is the rising feed costs,” said Alan Brugler, president of Brugler Marketing + Management. “With the corn being up another 10 cents today,




U.S. livestock: Lean hog futures rise as corn surge seen squeezing supply

Cash prices pressure nearby live cattle futures

Chicago | Reuters — U.S. lean hog futures firmed Tuesday on higher cash hog prices and improving pork packer margins and as soaring feed costs stoked concerns about tighter hog supplies. Corn futures prices surged more than five per cent on Tuesday after the U.S. Department of Agriculture (USDA) slashed its 2020 harvest estimate, with