GFM Network News





U.S. livestock: CME hog futures fall as China’s hog herd rebounds

CME December live cattle rise

Chicago | Reuters — U.S. livestock futures fell on Wednesday, as the futures market continues to cool in the wake of last week’s rally and on news that the size of China’s hog herd is quickly growing. Hog futures soared last week after Germany reported its first case of African swine fever (ASF) and China […] Read more

In February, veterinarians and industry staff travelled to Uganda to learn more about FMD and how to identify and contain it. Uganda has struggled with FMD for decades.

Preparing for a foot-and-mouth outbreak

Outbreak planning resources, training opportunities and the establishment of a Canadian vaccine bank all in the works to help the cattle industry prevent or respond to the disease

It’s a nightmare no livestock producer wants to experience; watching as your entire herd is put down. The devastation is written across the hardened faces of the farmers featured in a National Film Board of Canada documentary on the 1952 foot-and-mouth disease (FMD) outbreak in southern Saskatchewan. The emotional toll of your cattle becoming infected […] Read more


U.S. livestock: Futures mixed on pork export questions, cattle supplies

U.S. beef packer margins down on week

Chicago | Reuters — U.S. livestock futures had a mixed performance on Tuesday, as the supply of cattle being offered for sale continued to shrink and traders wrestled with uncertainty over pork export demand. An additional five cases of African swine fever (ASF) were initially found in dead wild boars in Germany. Initial tests were […] Read more

A bold new plant concept

Prime Cuts with Steve Kay

The COVID-19 pandemic didn’t quite bring North American beef processors to their knees in April-May. But many of the largest plants in Canada and the U.S. were forced to close temporarily or drastically reduce operations because of worker illnesses and absenteeism related to the virus. U.S beef plants one week ran at only 68 per […] Read more



U.S. livestock: CME lean hogs fall, cattle up on technical trading, profit-taking

Hogs 'stretched out technically last week'

Chicago | Reuters — U.S. lean hog futures slid on Monday on technical selling and profit-taking, as the trade began to question whether Chinese demand for U.S. pork will boom after rival supplier Germany confirmed a single case of African swine fever in a wild boar. U.S. pork packer margins eased but still were solid, […] Read more


The feeder cattle market softened earlier this spring; however, in yearling prices made fresh 52-week highs by early August.

The similarities between 2009 and 2020

Market Talk with Jerry Klassen

The U.S. and Canadian economies suffered the worst year-over-year contraction in GDP in history during the second quarter of 2020. U.S. GDP contracted at 32.9 per cent on an annual basis during the second quarter; the official Canadian data at the time of writing this article was not yet released but analysts expect the drop […] Read more

U.S. livestock: Lean hogs climb on bullish pork export prospects

Live cattle continue following hogs higher

Chicago | Reuters — U.S. lean hog futures closed higher on Friday for a second session on expectations of increased export demand for U.S. pork after rival supplier Germany confirmed a case of African swine fever in a wild boar. Chicago Mercantile Exchange (CME) October lean hog futures settled up 2.2 cents at 66.575 cents/lb. […] Read more