GFM Network News


Plenty of U.S. beef – for now, that is

Americans will have plenty of beef for the freezer, with enough left over to export in 2011, but supply will shrink in 2012 because the cattle herd is getting smaller, according to U.S. government reports released July 22. A USDA feedlot cattle report showed 10.45 million cattle were being fattened for slaughter on July 1,

U.S. Hog Farms Drive Growth With Genetics, Husbandry

U.S. hog producers are using genetics, modern farm housing, and animal husbandry to maximize pork production without greatly expanding costs for feed and barn construction, industry sources said. With global demand for food growing quickly and production land limited or even shrinking, pressures are mounting to produce more with the same or less throughout agriculture.


No Future For Pork Belly Futures

Chicago’s iconic pork belly market has closed after 50 years of being the subject of jokes for movies and TV shows and satisfying Americans’ hunger for bacon-lettuce-tomato sandwiches. The Chicago Mercantile Exchange shut down the frozen pork belly futures market at the end of business on Friday, July 15. The closing had been expected. Trading

No future for pork belly futures

Chicago’s iconic pork belly market has closed after 50 years of being the subject of jokes for movies and TV shows and satisfying Americans’ hunger for bacon-lettuce-tomato sandwiches. The Chicago Mercantile Exchange shut down the frozen pork belly futures market at the end of business on Friday, July 15. The closing had been expected. Trading

High Feed Costs Prevent Expansion Of U.S. Hog Herd

High feed costs are keeping U.S. hog producers from expanding their herds, but low mortality rates will ensure there is sufficient pork for domestic use and for exports, analysts said June 24, following release of a government report. The U.S. Department of Agriculture’s quarterly hogs and pigs report showed that there was a slight increase



U.S. Cattle Herd Expansion Underway

U.S. ranchers have begun to rebuild shrinking herds in response to record-high cattle prices, but lenders remain cautious, the head of the country’s largest cattle group said. It is the first indication that the cattle herd was going through an expansion after the financial crisis of 2008 and the ensuing global recession hurt the livestock

$7 Corn Makes Chicken Producer Pinch Pennies

High-speed dryers will replace paper towels in company washrooms at Pilgrim’s Pride Corp. as the chicken producer looks to save money as the price of feed corn rises. Rival Tyson Foods Inc. is replacing freezers with more efficient models, streamlining production, and reducing product movement between plants to help offset feed costs. U.S. chickens consume