GFM Network News

U.S. livestock: Live cattle rebound as trade adjusts to supply shock

Hogs lower, cash market supportive

Chicago | Reuters — U.S. live cattle futures rebounded on Tuesday, as packers kept processing at a higher-than-usual pace, despite a bearish Cattle on Feed report, traders said. Meanwhile, hog futures eased slightly on Tuesday, as falling cutout prices have carved into packer margins, traders said. CME December live cattle futures gained 0.65 cent to

Klassen: Feeder market grinds lower

'Is there no grain in this country?'

Compared to last week, prices for western Canadian yearlings weighing over 900 lbs. were down $4-$8 on average; yearlings weighing between 800-900 lbs. were down $2-$4; calves under 800 lbs. were down $8-$12, with the exception of Manitoba, where lighter calves traded $3-$5 below week-ago levels. Feedlot operators are asking, is there no grain in

Whether you spread out bales or group them in ‘pods,’ don’t worry about the residue left behind — it isn’t wasted.

Bale grazing is having its moment in the (winter) sun

Here are some things to bear in mind when using bales to extend the grazing season

Many producers have taken steps to extend their grazing period, and bale grazing is proving to be a popular choice. Bales can be purchased or grown on farm and placed strategically in cells or ‘bale pods.’ In some cases, cattle feed on bales directly where they are dropped from the baler, but in most situations, bales


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

Dairy producers are getting a new traceability system, and a phase-in period from the old one.

Dairy sector unveils national traceability program

Producers across Canada are being asked to activate their DairyTrace accounts and start phasing out any use of yellow ear tags in calves bound for the beef market

Manitoba dairy producers will be getting used to a new way of doing business when it comes to traceability. On Oct. 5, Lactanet Canada, along with the Dairy Farmers of Canada, announced the launch of DairyTrace, a new program that will take over traceability recording and reporting for the dairy sector nationwide. Why it matters: Dairy producers

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


Shutdown urged for Quebec pork plant after COVID-19 death

Union calls on Olymel to close site for at least two weeks

The union for over 1,000 workers at a major Quebec hog slaughter plant is calling on the owner to temporarily close the facility against a COVID-19 outbreak now blamed for the death of an employee. Le Syndicat des travailleurs d’Olymel Vallee-Jonction-CSN said Wednesday the death of a worker earlier this week led it to demand

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