GFM Network News



CCA Reports: Cattlemen’s Young Leaders program open to applications

From the February 2020 issue of Canadian Cattlemen

Look around at any industry meeting and there is a common theme among the participants: their age. Encouraging young people to pursue careers in the beef industry has been a priority for quite some time, yet it is still a challenge we face. Access to financing and affordable land to run profitable operations, lack of […] Read more


U.S. livestock: Cattle bounce after this week’s four-month lows

Plentiful hog supplies drag on futures

Chicago | Reuters — U.S. live cattle futures closed higher on Friday on bargain buying after the benchmark April contract fell to a 4-1/2-month low this week, with traders citing expectations for a seasonal pickup in beef demand, traders said. Benchmark April live cattle futures on the Chicago Mercantile Exchange settled up 1.8 cents at […] Read more

Feed weekly outlook: Bids pressured by lower demand

MarketsFarm — Feed grain prices have remained soft, as feedlots in Western Canada are covered for the foreseeable future. Last week, prices for feed barley and feed wheat delivered in Lethbridge were around $230 per tonne, but have come down by about $10 since then, according to Allan Pirness of Market Place Commodities. While these […] Read more


U.S. livestock: Lean hogs edge up on hopes for Chinese demand

April live cattle up on short-covering

Chicago | Reuters — U.S. lean hog futures rose modestly on Thursday on technical buying and hopes China will step up purchases of U.S. agricultural goods including pork as the U.S.-China Phase One trade deal takes effect, brokers said. Benchmark April lean hog futures on the Chicago Mercantile Exchange settled up 0.3 cent at 64.075 […] Read more

U.S. livestock: Cattle rise on broad commodity strength

Nearby hogs down on weak cash values

Chicago | Reuters — U.S. live cattle futures closed higher on Wednesday, bouncing off a four-month low on bargain buying along with broad-based strength in equity and commodity markets as fears subsided about the impact of the COVID-19 coronavirus outbreak in China. The benchmark April live cattle futures contract on the Chicago Mercantile Exchange (CME) […] Read more


U.S. livestock: Cattle sag on weaker cash trade

Coronavirus jitters also rattle cattle markets

Chicago | Reuters –– U.S. live cattle futures fell on Tuesday, with the benchmark April contract touching its lowest since late September on falling cash cattle prices and worries about the impact of the coronavirus outbreak in China, traders said. Cash cattle traded lightly in Kansas and Nebraska at $119-$120 per cwt, traders said, down […] Read more

Ethanol woes spur new feed focus for Green Plains

Biofuel maker to reinvent itself as DDGS-based feed maker

Chicago | Reuters — Green Plains Inc., one of the biggest U.S. ethanol producers, is planning to flip its business model upside down to survive a crash in prices for the corn-based fuel. The company will invest some $400 million in the next two to three years at its 13 plants to make high-protein, corn-based […] Read more


JBS Canada is the latest processor to become certified sustainable under the Canadian Roundtable for Sustainable Beef's standards

How JBS became collateral damage in a war between billionaires

JBS now plans to tweak U.S. IPO, executive says

Sao Paulo | Reuters — A business dispute between the disgraced billionaire Batista brothers in Brazil and the heir to an Indonesian pulp and paper fortune is throwing a wrench in meatpacker JBS SA’s plans to for a U.S. listing of its international operations, such as its Canadian beef plant. The dispute stems from a […] Read more

R-CALF has been busy suing major packers and getting help from trial lawyers to sue the beef check-off and USDA.

Dittmer: From the Golden Globes to R-CALF

Free Market Reflections with Steve Dittmer

Hollywood’s Golden Globe awards telecast is mostly about movies I haven’t seen and actors I don’t know. But my wife came and got me for something disturbing.The very first award winner, before thanking anyone, thanked the Hollywood Foreign Press Association for making the pre-show dinner all-vegetarian to demonstrate how critical climate change is to the […] Read more