GFM Network News

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U.S. senators scrutinize meat packers’ profits during pandemic

Chicago | Reuters — U.S. senators are calling for investigations of record profit margins for beef processors such as Tyson Foods and Cargill, after ranchers complained surging meat prices due to coronavirus hoarding did not translate into higher cattle prices. Futures prices for cattle have tumbled during the outbreak, worrying farmers as the U.S. economy

Beef cattle feeding in Ontario. (DebraLee Wiseberg/iStock/Getty Images)

COVID-19 strains already-battered Ontario beef industry

Limited processing capacity remains financial challenge for province's feedlot sector, despite recent increase in retail demand

Ontario’s beef industry was already in the midst of an economic crisis, but COVID-19 is worsening the financial toll on the province’s cattle feeders. Due to extremely limited processing plant capacity, an uncompetitive market and disruptions to trade and market access, Ontario’s beef industry was losing an average of more than $2 million per week

(Photo courtesy Canada Beef Inc.)

Hay shortage could make for difficult winter

CNS Canada — Many cattle producers looking for local feed this winter might have a difficult time, according to a Saskatchewan provincial forage specialist. However, producers further north in the grey and black soil zones, and those in Alberta producing high-quality feed for export, saw near-record hay production. Terry Kowalchuk of Saskatchewan Agriculture in Regina

A newborn black angus calf with it's mother

Canadian Angus Association to pursue verified sustainability

Canadian Angus Association CEO Rob Smith says the group is looking at programs like Verified Beef Production Plus for inspiration when it comes to certifying sustainability

Canadian Angus Association CEO Rob Smith wants his organization to take a larger role in verifying responsible management. “We’re going to take a look at the process for Verified Beef Production Plus and we’re going to take a look at the forms and the administrative requirements of that and we’re going to create a Canadian

Brett McRae heads the Young Cattlemen's Council.

Young cattle producers wanted

Young producers will be the heart of any future herd expansion and should be involved in setting policy

Manitoba Beef Producers is hoping to see a few more young faces at its upcoming annual general meeting. That meeting is slated for Feb. 2 and 3 in Brandon at the Victoria Inn, and will see the organization discussing a host of issues that affect the industry’s bottom line and setting policy that will chart the

cattle herd in a pen

Will 2015 be the year we finally see growth in Canada’s cattle herd?

It’s an increasingly familiar story — a ‘big move’ in heifer retention needed
 to rebuild herd, but that’s not easy

Cattle herd expansion was one of the biggest ‘will they or won’t they’ stories in 2014 — and that little plot line will continue to play out in 2015. “Right now, we’re still in the consolidation phase,” said Brenna Grant, research manager at Canfax. “Inventories are going to be stable on Jan. 1, 2015, and

Beef producers are conservationists

Manitoba’s beef producers are the single largest collection of conservationists in the province. That may sound like a radical statement to some, but it is in fact a reflection of reality. It is also a fact that is increasingly becoming recognized by legislators and policy-makers. When announcing the new legislation to protect ecosystems, Hon. Gord