GFM Network News


U.S. livestock: Cattle futures rise as corn prices ease

Hog futures up slightly on improved exports

Chicago | Reuters — U.S. cattle futures rose on Thursday with feeder cattle leading the pack, as corn prices eased on profit taking ahead of the long holiday weekend, analysts said. Thursday’s feeder cattle rally was due in part to a slump in corn futures, traders said. Earlier this week, the most-active contract surged amid […] Read more

U.S. livestock: Live cattle futures rise on new-month buying

Hogs mostly down on concerns over supplies, demand

Chicago | Reuters — U.S. live cattle futures closed higher on Wednesday on what appeared to be technical and speculative buying at the start of a new month and quarter, analysts said. Yet the benchmark August live cattle contract on the Chicago Mercantile Exchange remained rangebound, with rallies capped by weak beef prices as slaughterhouses […] Read more


CUSMA pact takes effect under cloud of disputes, COVID-19

Deal appears to assure continuity of trade for agriculture

Washington/Mexico City/Ottawa | Reuters — A modernized U.S.-Mexico-Canada trade pact took effect on Wednesday, ensuring continuity for manufacturers and agriculture, but the threat of disputes is exposing cracks in what was meant to be a stronger North American fortress of competitiveness. As the deal kicks in, the Trump administration is threatening Canada with new aluminum […] Read more

A previous cohort of CYL finalists participate in a chili cook-off. Left to right: Megan Clifton (CYL), Jessica Giles (CYL) and Ben Miller (chef) cooking chili over an open fire.

Cattlemen’s Young Leaders mentorship program announces semi-finalists

The mentorship program celebrates its 10th anniversary this year, and has seen over 120 graduates in that time.

The Cattlemen’s Young Leaders (CYL) Mentorship Program is pleased to announce its 24 semi-finalists for the 2020-2021 program year. The CYL Program is a national youth initiative of the Canadian Cattlemen’s Association, which annually pairs participants with a mentor in their specific area of interest in the beef industry and provides networking and travel opportunities […] Read more


Canadian beef producers applaud new NAFTA

The new North American trade agreement came into force on July 1.

The Canadian Cattlemen’s Association (CCA) applauds the entry into force of the new North American Free Trade Agreement (NAFTA) on July 1 and looks forward to the continued growth of the benefits of free trade, notes a news release from the association. CCA thanks all those involved in negotiating the agreement and the stewarding of […] Read more

U.S. livestock: Cattle futures drift lower as corn prices soar

Wholesale beef prices show signs of stabilizing

Chicago | Reuters — U.S. cattle futures closed modestly lower on Tuesday, pressured by a surge in Chicago Board of Trade (CBOT) corn futures that is likely to squeeze profit margins for livestock producers, traders said. “The rise in feed costs changes the dynamics in the industry. It cuts into profits — or in the […] Read more


Meat leads Canadian industrial producer prices higher in May

Ottawa | Reuters — Canadian industrial producer prices rose 1.2 per cent in May on higher prices for meat, fish and dairy products, Statistics Canada said on Monday, as supply chain disruptions caused by the coronavirus pandemic and increased demand boosted meat prices. The gain in producer prices followed four months of consecutive decreases and […] Read more



U.S. livestock: Cattle, hogs end firm on light recovery bounce

Ramped-up slaughter pace keeps lid on rallies

Chicago | Reuters — U.S. live cattle futures closed modestly higher on Monday, shaking off early declines and firming on technical buying ahead the end of the month and quarter, after a three-session slide last week, traders said. A firmer close in Wall Street equity markets lent support as optimism about the U.S. economy could […] Read more

Blast kills at least 23 at Afghanistan livestock market

Area shelled in clashes between government forces, Taliban

Kabul | Reuters — At least 23 civilians were killed in Afghanistan’s southern Helmand province and dozens were wounded when rockets hit a cattle market on Monday, Afghan government and Taliban officials said. The warring sides blamed each other for the attack on the open-air weekly cattle market in Sangin district, where hundreds of villagers […] Read more