GFM Network News

CME January 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME cattle futures mixed

Hogs rise on short-covering

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures fell on Friday, pressured by rising corn prices, while live cattle futures inched up as traders anticipated seeing the cash trade improve, traders said. Meanwhile, lean hog futures rose on short-covering ahead of the weekend. The cattle market has been battered by boxed beef prices […] Read more

How does your feed measure up? This livestock nutritionist decodes the numbers.

A closer look at your feed test

A ruminant nutritionist provides us with an in-depth look at a real-life feed test for hay

In a year like this, feed testing is “prudent,” says Courtney O’Keefe, ruminant nutritionist with Blue Rock Animal Nutrition at Innisfail, Alta. “It’s going to help you make those decisions and balance that ration accordingly.” O’Keefe takes us through a recent feed test (see example below) for mixed grass-legume hay, noting that nutritionists tend to […] Read more

CME February 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: Chicago cattle firm on export demand

CME hog futures fall on meaty supply

Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures firmed on Thursday, as relatively steady cash cattle prices offset higher feed costs weighing on the feeder market, traders said. Meanwhile, lean hog futures continued to slide on a seasonal trend of robust supplies, even as hog slaughter rates showed signs of slowing. […] Read more

File photo of the Port of Montreal. (Guy Banville/iStock/Getty Images)

Canada concerned about supply chain issues, watching ports ‘closely’

Reuters –– Canada is concerned about the challenges facing global supply chains and is watching the country’s ports very closely, Finance Minister Chrystia Freeland said on Thursday. Freeland, speaking to reporters in Washington after meetings of the World Bank and International Monetary Fund, said she was broadly optimistic about the strength of Canada’s economic recovery […] Read more

History: Horned Cow Herds on the Range

Reprinted from the June 1953 edition of Canadian Cattlemen

Horned Cow Herds on the Range By Bert Sheppard, Longview, Alberta Two major influences from different parts of the earth converged to form and mould the pioneer beef cattle industry in Alberta. Our horsemanship, riding gear and methods of handling cattle were the first to arrive, originating in Mexico, spreading into Texas and ever northward […] Read more

When asking lenders for money, make sure you know your expected revenues, expenses, net worth, cash flow and how you’ll make payments. Don’t be afraid to ask lenders questions, especially around ratios.

Financing for first-timers

Two bankers offer tips for young producers preparing to talk to a lender

Getting prepared to meet with a banker to get a loan can be fraught with anxiety, especially if you’re young, eager to build a cattle business, and don’t have a lot of financial experience. Canadian Cattlemen talked to two experts about how to better equip yourself for success. “First and foremost, I’d want to know […] Read more

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

U.S. livestock: CME hogs near three-week low amid ample supply

Chicago cattle futures also lower

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell to their lowest prices in about three weeks on Wednesday amid pressure from plentiful supplies, analysts said. Live cattle and feeder cattle futures also finished lower at CME. Hog supplies tend to increase in the autumn, pushing more pork on the market and weighing […] Read more

VIDEO: Breeding corn for cows, not combines

VIDEO: Breeding corn for cows, not combines

Driving down the road you’d be hard-pressed to distinguish the difference between a grain or silage corn crop, but your cow surely knows the difference when it comes to nutrition and digestibility. In this video, Tyler Russell of NorthStar Genetics talks about what traits are important to cattle and to the producers who harvest the […] Read more

Drought and searing heat have had a severe impact on feed crops such as corn, wheat and soybeans.

Drought rears its ugly head

Prime Cuts with Steve Kay

BSE cases and E.Coli O 157:H7 recalls have roiled the North American beef industry over the past 25 years. But neither have had more of a long-running impact on the industry as drought. Severe to extreme drought conditions have now returned to much of the western half of the continent and are having an impact […] Read more