GFM Network News

U.S. livestock: Lean hog futures move up off one-month low

Lower corn, soy values support feeder cattle

Chicago | Reuters — U.S. lean hog futures rose on Thursday in a rebound from a one-month low reached in the previous session, while live cattle futures weakened. The hog market’s recovery carried futures to their highest level since Monday. Traders said the market continues to face pressure from large U.S. supplies and uncertainty over […] Read more

Feeder cattle market digesting many variables

Market Talk with Jerry Klassen

I’ve received many inquiries over the past couple of months about the market outlook for feeder cattle. Yearling prices have been very strong throughout the fall period trading at or above 52-week highs; however, prices for calves in the 500- to 700-pound weight category are down $10 to $20 from elevated levels during spring. In […] Read more


Newfoundland beef producers backed to develop abattoirs

Three proposals get six figures each; breeding cows also provided

A provincial call for proposals to boost beef slaughter capacity in Newfoundland and Labrador has yielded three successful applicants. The provincial government on Nov. 5 announced its Beef Industry Enhancement Initiative will provide just over $1.8 million in total to its three successful proposals: $719,750 for Troy Humber of Northern Arm, about 40 km northeast […] Read more

U.S. livestock: Live cattle futures gain on boxed beef strength

Lean hog futures down with slaughter pace

Chicago | Reuters — U.S. live cattle futures climbed on Wednesday as strength in the cash market and firm beef cutout prices continued to offer support, traders said. “We’ve had a pretty decent rally on the meat side, and I think that’s certainly been a factor,” said Altin Kalo, economist with Steiner Consulting Group. Chicago […] Read more


Two more ‘murder hornets’ turn up on B.C. mainland

One nest found last month in neighbouring U.S. town

Beekeepers in British Columbia’s Fraser Valley and Lower Mainland are asked to keep an eye out for so-called “murder hornets” after two were found in the region within a week. A single Asian giant hornet was found Saturday at Aldergrove, near the intersection of Fraser Highway and Highway 13 — about five km from where […] Read more

Coronavirus kills 15,000 U.S. mink

Affected states aren't planning to cull

Chicago | Reuters — More than 15,000 mink in the United States have died of the coronavirus since August, and authorities are keeping about a dozen farms under quarantine while they investigate the cases, state agriculture officials said. Global health officials are eying the animals as a potential risk for people after Denmark last week […] Read more


U.S. livestock: Feeder cattle futures slump as corn prices surge

Hogs down off Monday's gains

Chicago | Reuters — U.S. feeder cattle futures ended lower on Tuesday after nearing a six-week high as soaring corn prices signaled that feed costs will increase. Live cattle futures finished near unchanged after setting a fresh four-week high, and lean hog futures weakened. Rising crop prices hung over the markets after the U.S. Department […] Read more

Cattle need nearly three times as much oxygen as a similar-sized horse just to stay awake and lie around.

Everything old is new again – treating chronic mycoplasma

Research on the Record with Reynold Bergen

Cattle were ideally created (or evolved) to consume and digest high fibre diets. Whoever (or whatever) was responsible for designing the rumen so elegantly probably should have paid more attention to the respiratory tract. The design of the bovine respiratory tract makes it easy for BRD bacteria such as Mannheimia, Pasteurella, Histophilus and Mycoplasma to […] Read more



U.S. livestock: Cattle futures surge on COVID-19 vaccine progress

USDA expected to trim estimates for feed crops

Chicago | Reuters — U.S. live cattle futures reached a four-week high on Monday and feeder cattle hit their highest prices in more than five weeks as progress toward a COVID-19 vaccine raised hopes for a quick economic recovery from the pandemic and increased beef demand. Lean hog futures also finished firmer. Commodity and equity […] Read more