GFM Network News

Wet Pastures, Bugs Slow Livestock Gains

– Todd Wallace “Instead of being out there grazing and breeding, they are standing around in a little circle trying to fight the bugs.” Cattle producers in Manitoba can expect to buy feed come fall because cur rent pas ture conditions are limiting the weight gains, according to industry officials. During the week ended July

Lower Loonie To Draw More U. S. Buyers

– Rick Wright,Heartland Order Buying Co. “There will be more competition from the U. S. for Canadian cattle this fall.” The outlook for the Manitoba cattle industry includes reduced cattle movement, aggressive U. S. buyers, a possibility of lower feed prices, later deliveries, an increase in demand for yearling cattle, and steady cow prices. During

Prairies’ forage crops need dry weather

(Resource News International) — Forage crop including pasture land, hay and silage crops across Western Canada vary in condition from province to province. But there’s one thing on which experts agree: the region’s forage crops need continued sunny, warm, dry weather to keep feed prices low for Canada’s livestock sector. “If we get some good

Soaked Pastures Muddy Improved Markets

The Manitoba cattle industry is expected to get stronger. However, producers are looking for better weather for pasture conditions to improve and for feed grain prices to stay low, according to an official with the Manitoba Cattle Producers Association. During the week ended June 25, cattle movement was said to be steady considering the industry

Canola open interest at record high on ICE Canada

(Resource News International) — Open interest in ICE Futures Canada’s November canola future is currently at record highs for a single contract month, and there are ideas that this level of open contracts will remain high for some time to come, according to market participants. On June 29, open interest in the November canola future

Weather Supports Grass Cattle Demand

The amount of cattle going through auction yards in Manitoba during the week ended June 18 continued on a downward trend as the seasonal summer lull kicks in. Prices for the cattle marketed were steady to lower depending on the quality of the animals. While most cattle markets are starting to slow down because of

Olymel’s Red Deer pork plant re-opened: CFIA

(Resource News International) — Quebec meat packer Olymel’s hog processing plant at Red Deer, Alta. is again open after shutting down operations Monday and Tuesday due to an animal disease scare. Test results for foot-and-mouth disease, “which is what was feared by some, were negative and the plant has resumed operations,” said Lisa Gauthier, a

Olymel’s Red Deer pork plant temporarily shut down

(Resource News International) — Olymel’s hog processing plant at Red Deer, Alta. has been shut down due to the appearance of suspicious animals which arrived there from a farm in Saskatchewan, according to an official with the Canadian Pork Council. The primary processing plant closed its doors Monday to hog shipments, according to Guy Gravelle,

StatsCan’s acreage update seen as starting point

(Resource News International) — Statistics Canada’s seeding intentions report, to be released June 23, is widely expected to be inaccurate, given that the survey was done about a month ago when producers across Canada were still optimistic about how much seed they’d get into the ground. “The (report will) not reflect the true market scenario and

Sask. to seek compensation for rain-soaked farms

(Resource News International) — Saskatchewan’s agriculture minister says you have to see it to believe it, in terms of the amount of water lying on the province’s cropland. Bob Bjornerud estimated close to 25 per cent of the crop within the province will not get seeded, and crop already planted will be drowned out, which