GFM Network News


Screengrab from a 2018 video showing cold storage at the JBS beef slaughter and packing plant at Brooks, Alta. (JBS video via YouTube)

JBS plants reopen as White House blames Russia over hack

Washington/Chicago | Reuters — JBS SA employees started returning to U.S. meat plants on Wednesday, a day after the company’s beef operations stopped following a ransomware attack, disrupting meat production in North America and Australia. A notorious Russia-linked hacking group is behind the cyberattack against JBS, a source familiar with the matter said. Brazil’s JBS



CME July 2021 lean hogs (candlesticks) with Bollinger bands (20,2) and CME lean hog cash index (dark red line). (Barchart)

U.S. livestock: Lean hogs up on firm demand, tight supplies

Daily cattle slaughter down on week

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed on Friday as pork demand remained firm and supplies of market-ready hogs stayed low, analysts said. “At some point though, you would think the wholesale price would put a damper on demand, at some point in the summer,” said Doug Houghton technical analyst at

(PorcOlymel.com)

Olymel gets home province’s backing for plant upgrades

Quebec to invest $150 million in packer

Pork and poultry producer and packer Olymel has picked up equity investments from its home province to support a total of $315 million in plant upgrades. The Quebec government announced Tuesday it would invest $74 million in Olymel through its economy and innovation ministry’s Fonds pour la croissance des entreprises quebecois (FCEQ) plus $76 million



Animal care in modern hog production does not stop at codes of practice and regulatory enforcement. There is also verification.

Comment: Agriculture, the environment, and animal care

Pork producers have stringent care standards and deserve protection from intruders

Legislation brought forward by the provincial government has sparked debate about agriculture in Manitoba. The Animal Diseases Amendment Act has drawn comments about environmental impact and animal care. In the past, farmers produced a little of everything. A few animals, a bit of grain, produced with minimal inputs. Some nostalgically view this bygone era as


(Lovelyshot/iStock/Getty Images)

U.S. livestock: CME cattle futures up on beef prices, demand

June hogs down off recent rallies

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Friday on strong beef prices and demand for red meat that also catapulted margins for beef processors. Meat demand is high as federal stimulus checks have increased incomes and prompted consumers to spend more at supermarkets and restaurants, analysts said. COVID-19 vaccinations are also


CME June 2021 lean hogs (candlesticks) with 20-day moving average (pink line) and June 2021 live cattle (dark red line). (Barchart)

U.S. livestock: Hogs rally again on pork prices, supply woes

June live cattle rise to even with June hogs

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures extended a sharp rally on Wednesday, touching contract highs for the fourth consecutive day on limited supplies and strong pork prices. U.S. pork demand is strong as sales have benefited after households received additional COVID-19 pandemic relief money from the federal government, analysts said. The

CME July 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hog futures extend rally on cash prices, tight supply

Cash cattle, beef values see 'significant disconnect'

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures hit contract highs for the third consecutive day on Tuesday as a strong cash market and tight supplies pushed up prices. Solid demand for pork has helped boost the market, with meat processors paying up to buy hogs from producers, analysts said. The U.S. Department