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GFM Network News

  • Photo: Geralyn Wichers

    Klassen: Feeder market in price discovery mode

    1 hour ago
  • Canadian producers must navigate conflicting global pesticide and residue rules that can clash with domestic approvals, risking market access and requiring careful management and industry support, according to industry experts. Photo: Greg Berg

    Keep it clean on pre-harvest chemical use

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Daily Network News

  • Photo: Geralyn Wichers

    Klassen: Feeder market in price discovery mode

    1 hour ago
  • Canadian producers must navigate conflicting global pesticide and residue rules that can clash with domestic approvals, risking market access and requiring careful management and industry support, according to industry experts. Photo: Greg Berg

    Keep it clean on pre-harvest chemical use

    1 hour ago
  • ADM Q2 profit falls to 5-year low amid trade turmoil

    2 hours ago
More News →
Archives


Photo: File
Livestock, Markets

Klassen: Feeder market hard to define on smaller volumes

By Jerry Klassen June 4, 2024
For the week ending June 1, Western Canadian feeder cattle markets were relatively unchanged compared to the previous week. It’s that time of year when volumes are limited and the market can be quite variable from region to region.

Photo: iStock/Getty Images
Markets, Reuters

U.S. livestock: Lean hog futures fall after Mexican election

By Heather Schlitz, Reuters June 3, 2024
Chicago Mercantile Exchange (CME) lean hog futures ticked down on Monday as the Mexican peso fell, making it more expensive for Mexican importers to purchase U.S. pork.


(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Cattle futures continue slump amid demand questions

By P.J. Huffstutter, Reuters May 31, 2024
Chicago Mercantile Exchange (CME) cattle futures turned lower for a third session on Friday, as technical trading at one point sent the most-active August live cattle LCQ24 contract dipping to a two-week low.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Cattle turn lower as China allows some Russian beef imports

By P.J. Huffstutter, Reuters May 30, 2024
Chicago Mercantile Exchange (CME) cattle futures turned lower for a second trading session on Thursday, even as the tight U.S. cattle supply and strength in the beef cutout values offered support, analysts said.


Photo: Canada Beef
Markets, Reuters

U.S. livestock: Cattle lower on technical trading, JBS-China export news

By P.J. Huffstutter, Reuters May 29, 2024
Chicago Mercantile Exchange (CME) cattle futures turned lower on Wednesday amid news that China has blocked U.S. beef exports coming from a JBS-owned plant in Colorado because traces of the feed additive ractopamine were identified in beef destined for China.

(IP Galanternik D.U./E+/Getty Images)
News

Meat industry calls on federal gov to ease foreign worker limits

By Geralyn Wichers May 29, 2024
Meat industry groups are asking the federal government to reinstate a program that expanded industry hiring limits for temporary foreign workers (TFWs) and lengthened the validity of paperwork needed for hiring, citing work shortages and impact on food prices.


Photo: Thinkstock
Markets, News

Realized Canadian farm income up, net income down in 2023

Total farm cash receipts rose 4.4 per cent compared with 2022 on higher crop marketings; cattle prices

By Phil Franz-Warkentin May 29, 2024
Realized net income for Canadian farmers rose 18.3 per cent in 2023 to C$14.5 billion, as growth in receipts offset a rise in expenses, according to a report from Statistics Canada released May 29.

Photo: File
Crops

Manitoba crop report: Seeding continues despite large rainfall

By Adam Peleshaty - MarketsFarm May 29, 2024
Despite heavy rains as well as snowfall, Manitoba farmers were still able to make planting progress during the week ended May 25, according to the province’s weekly crop report.


(Geralyn Wichers file photo)
Markets, Reuters

U.S. livestock: Cattle futures turn higher on packer buying expectations

By P.J. Huffstutter, Reuters May 28, 2024
Chicago Mercantile Exchange (CME) cattle futures turned higher on Tuesday on technical trading and market anticipation that packers increase buying on a shortened holiday week, analysts said.

Photo: Canada Beef Inc.
Livestock, Markets

Klassen: Demand for grass cattle pushes feeder market higher

By Jerry Klassen May 28, 2024
In the week ending May 25, Western Canadian feeder cattle markets were trading $4 to $8 higher compared to seven days earlier. Some higher quality genetic packages of 700-pound plus cattle were up as much as $10 from week-ago levels.


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