GFM Network News


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U.S. livestock: CME lean hogs firm as market-ready supplies remain soft

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures gained for a second day on Tuesday, supported by lower supplies of market ready hogs as the August futures contract nears expiration. “Until we start seeing better numbers coming forward on packer runs, I think that’s going to elevate things a little bit,” said Matthew […] Read more




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U.S. livestock: Lean hogs end mixed as traders eye Dominican hog disease

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures closed mixed on Thursday as pressure from news of a deadly hog disease in the Dominican Republic offset support from strong export sales and firm cash hog prices, traders said. CME August lean hog futures settled up 0.600 cent at 106.300 cents per pound, while […] Read more



Individual veterinary practice owners often struggle to find an associate to help with the caseload.

Is the veterinarian shortage real or regional?

Mentoring and partnering with farm animal practices can increase vet student confidence

There was a time when a veterinary help-wanted ad, even for a large-animal practice, would receive a healthy number of applications.  Not anymore.  A perceived global shortage of veterinarians is creating an urban-rural, companion-large animal bidding war for salary, incentives and work-life balance to attract applicants.  Why it matters: Rural and large animal practices are […] Read more


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U.S. livestock: Profit-taking drags down CME livestock futures

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell on Tuesday after rising to their highest price in more than three weeks, while feeder cattle pulled back from contract highs on Monday. Lean hog futures also weakened as traders took money off the table after recent gains. Traders said profit-taking hit cattle markets […] Read more



CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: Cattle futures gain

Medium-, long-term supplies tighten

Chicago | Reuters — CME feeder cattle futures firmed on Friday, bolstered by lower corn and wheat markets that may translate into eased feed costs, traders said. CME live cattle also gained and are expected to firm next week as the trade digests the U.S. Department of Agriculture’s monthly cattle on feed report released after […] Read more

CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, purple and dark red lines). (Barchart)

U.S. livestock: Live cattle up on export demand

CME lean hog futures mixed

Chicago | Reuters — CME cattle futures firmed on Thursday, supported by strong export demand for U.S. supplies, traders said. Hog futures were narrowly mixed, with the nearby contract firm on good weekly exports while deferreds eased on technical selling. CME August lean hog futures gained 0.075 cents to 106.65 cents/lb., while most-active October dipped […] Read more