GFM Network News

CME August 2021 live cattle (candlesticks) with Bollinger bands (20,2) and October 2021 live cattle (dark red line). (Barchart)

U.S. livestock: CME live cattle drift lower

Lean hog futures end mixed

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures drifted lower on Thursday in lacklustre trade, with disappointing weekly export sales data and softening wholesale beef cutout prices adding pressure, analysts said. “The fact that the cutout on beef has been drifting lower just doesn’t give the market a lot of confidence that packers

Cattle search for grazing on one of the Interlake’s sparse pastures in July.

On the brink: Drought pushes Interlake beef producers to the edge of viability

Will drought see an exodus from the cattle business in Manitoba's Interlake?

The pictures coming out of the pastures and hayfields between Lake Manitoba and Lake Winnipeg are grim, and they look nothing like July. Across the field, there is little green on the ground. Brown is the predominant colour, and little stands tall enough to block out the occasional rock or cow-pie. It’s a visual image

Farmer and Grainews columnist Toban Dyck inspects wheat on July 6, 2021 near Winkler, Man., where hot and dry weather has led to thin, uneven stands. (Photo: Reuters/Rod Nickel)

Saskatchewan raises salvage threshold for parched crops

Stock watering program also boosted; APAS, Tories' ag critic had called for more drought aid

Saskatchewan’s provincial crop insurance agency is raising the yield threshold at which drought-damaged crops can be grazed, baled for greenfeed or cut for silage with no penalty on future coverage. Saskatchewan Crop Insurance Corp. said Wednesday it would double the “low yield appraisal” threshold values on cereal or pulse crop acres put to feed. SCIC

Porcine Reproductive and Respiratory Syndrome virus has been likened to COVID-19 and new, more-infectious variants are prompting health officials to call for increased surveillance and vaccination.

More-infectious strains of respiratory virus hitting hog farms

Virus has hundreds of strains and new ones up the need for surveillance and vaccination

A highly virulent strain of Porcine Reproductive and Respiratory Syndrome virus has pork officials stressing the importance of surveillance and vaccination programs. There is also a need for a co-ordinated approach, industry officials from Ontario and the U.S. Midwest said during a recent webinar. Although there are hundreds of strains of the virus, Dr. Marty

“That’s one of the challenges — on the surface, it seems like a great idea until you fully understand what it means to implement mandatory COOL.” – Fawn Jackson.

Labelling law rears its head again, but officials don’t expect its return

Some American ranchers are ‘making a lot of noise’ but odds of a return to COOL seem slim

Glacier FarmMedia – Mandatory country-of-origin labelling (COOL) is gone, but there’s a new effort by American beef producers wanting to bring it back. “It’s still hugely on our radar,” said Alberta Beef Producers chair Melanie Wowk. “When COOL was first instituted in 2003, it was costing us about $600 million a year, so I think

(Photo courtesy Canada Beef Inc.)

Saskatchewan ranchers backed for runoff control

Funding on offer for earth-moving work

Cow-calf producers in Saskatchewan may be able to get cost-shared funds from the federal/provincial Farm Stewardship Program to build ponds, ditches, dikes or berms to collect or manage runoff. The province and federal government on Tuesday announced such work now qualifies as a beneficial management practice (BMP) covered under the program. Eligible beef cow-calf producers

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market consolidates

Compared to last week, western Canadian feeder cattle markets traded $2-$3 on either side of unchanged. In central and southern Alberta, quality yearling steers weighing 800 lbs. continue to hover at the psychological range of $200-$210; lower-flesh steers fresh off grass weighing 900 lbs. are readily quoted in the range of $185-$190. Saskatchewan values are

CME August 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)

U.S. livestock: Hog futures rise as pork production estimates cut

Feeder cattle down on rising grain values

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped on Monday as the U.S. Department of Agriculture reduced its domestic pork production estimates for this year and next year. The USDA cut its production estimates because of reduced expectations for commercial hog slaughtering in the second half of the year, according to a