GFM Network News


A variety of factors produced record profits for all processors of fed cattle last year.

Beef packers enjoy purple profit patch

Prime Cuts with Steve Kay

North American beef processors are enjoying an extended period of profits that is unprecedented in the industry’s history. Packers on both sides of the border are seeing margins that would have been unthinkable five years ago. U.S. packers racked up record profits in 2017, surpassed them in 2018 and are on track for more records […] Read more

Merck acquiring owners of Allflex ear tags

Traceability: News Roundup from the February 2019 issue of Canadian Cattlemen

Merck is set to acquire the Antelliq Group for $2.37 billion, Drovers Daily reports. Merck will also assume the company’s remaining debt. Antelliq will operate as a subsidiary of Merck Animal Health Division. Antelliq Group, formerly known as the Allflex Group, owns Allflex ear tags and SCR dairy monitoring technology. In a 12-month period ending […] Read more


Feeder cattle market digesting many variables

Market Talk with Jerry Klassen

The feeder cattle market was quite volatile throughout the final quarter of 2018. The weaker Canadian dollar enhanced demand from south of the border. At the same time, domestic feedlot operators were contending with rising feed grain prices and uncertain fed cattle prices for the first and second quarters of 2019. April live cattle futures […] Read more

Feedlot margins are set up to move into the negative for the second quarter of 2019.

Feeder cattle outlook lower in 2019

Market Talk with Jerry Klassen

I’ve received many calls from cattle producers over the past couple of weeks with regard to the feeder cattle outlook for the spring period. Feeder cattle prices made seasonal highs during the first week of October and then started to trend lower. This weakness caught many cow-calf producers off guard as they failed to realize […] Read more


Undeterred by tariffs, U.S. beef exports were up nine per cent from a year ago seen January through August.

Tariffs remain irritant

Prime Cuts with Steve Kay

One word — relief — summed up the completion of a new trade pact to replace the North American Free Trade Agreement. Agricultural leaders in Canada, the U.S. and Mexico all breathed deep sighs of relief after the three countries signed the new U.S.-Mexico-Canada Agreement. That’s because the new pact leaves intact all the elements […] Read more

CCA Report: Legislative update

From the November 2018 issue of Canadian Cattlemen

Canada’s participation in the USMCA agreement and continued progression of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) towards ratification have helped to alleviate a sense of unease for many producers at a crucial time in the beef cycle. The 2018 fall run got underway with assurances of uninterrupted access for Canadian beef and […] Read more


U.S. cattle hides take a tariff hit

Prime Cuts with Steve Kay

The U.S. beef industry, like other sectors of U.S. agriculture, faces considerable losses because of the tariff wars between the U.S., Canada, Mexico and the European Union. The losses are not as severe as those seen in hog, corn and soybean production. But the tariffs imposed on U.S. beef products exported to China and Canada […] Read more

Canadian barley exports for 2018-19 are expected to exceed year-ago levels due to stronger demand from China.

Feed grain update

Market Talk with Jerry Klassen

Western Canadian barley prices have been percolating higher throughout the harvest period. At the time of writing this article, Lethbridge-area feedlots were making barley purchases in the range of $245/mt to $260/mt delivered while central Alberta operations were showing bids from $235/mt to $245/mt. It’s important to realize that prices are about $60/mt above year-ago […] Read more


Two economies, two theories

Free Market Reflections with Steve Dittmer

In May 1983’s G7 Summit, German Chancellor Helmut Kohl asked President Reagan to “Tell us about the American miracle.” Kohl was referring to America’s booming economy while the rest of the world was floundering. Reagan explained that cutting tax rates incentivized citizens and businesses, stimulated economic growth and eventually increased total tax return to the […] Read more

Calves coming into the Western Canadian market this fall will be similar to year-ago levels.

Feeder cattle outlook

Market Talk with Jerry Klassen

It’s that time of year when I receive many calls from cow-calf producers and backgrounding operators inquiring about the feeder cattle market outlook for the fall and winter. Yearling prices have been quite strong throughout the summer and the deferred live cattle futures are reflecting slightly higher prices in September and October. Prices for calves […] Read more