GFM Network News


U.S. livestock: Live cattle rebound as trade adjusts to supply shock

Hogs lower, cash market supportive

Chicago | Reuters — U.S. live cattle futures rebounded on Tuesday, as packers kept processing at a higher-than-usual pace, despite a bearish Cattle on Feed report, traders said. Meanwhile, hog futures eased slightly on Tuesday, as falling cutout prices have carved into packer margins, traders said. CME December live cattle futures gained 0.65 cent to […] Read more

Klassen: Feeder market grinds lower

'Is there no grain in this country?'

Compared to last week, prices for western Canadian yearlings weighing over 900 lbs. were down $4-$8 on average; yearlings weighing between 800-900 lbs. were down $2-$4; calves under 800 lbs. were down $8-$12, with the exception of Manitoba, where lighter calves traded $3-$5 below week-ago levels. Feedlot operators are asking, is there no grain in […] Read more


It is important to figure out the economics of backgrounding 
calves for your operation.

Backgrounding calves is an option

Important to look at the economics to make sure

Recently, I asked a local beef producer of a 200-head cow herd what she planned to do with her spring calves after they were weaned. She said that in late October, her son brings all cows and calves home from pasture, weans them, retains two dozen replacement heifers and trucks the rest to a feedlot […] Read more

U.S. livestock: Live cattle hit lowest price since June under supply pressure

December lean hogs close up off recent low

Chicago | Reuters — U.S. live cattle futures fell on Monday, with the most-active contract touching its lowest price since June under pressure from a larger-than-expected number of cattle on feed in the United States, traders said. The U.S. Department of Agriculture, in a monthly report issued after the markets closed on Friday, said 11.7 […] Read more



Fowl play in the free-range poultry industry

The dire perils of free-range environments, chickens may be happier indoors, warm and among friends

It seems that the general public has a very distorted view of farming practices, which is helped by the inability or reluctance of the North American farming community to deliver the real facts. Many in the urban general public seem to have fond visions of laying hens or broiler chickens tiptoeing through the green, grassy […] Read more


B.C. ag minister, critic expected to win re-election

NDP projected to form majority government

British Columbia’s incumbent agriculture minister and opposition ag critic both appear set to head back to the provincial legislature as the New Democrats are projected to end three years of tentative minority governing. John Horgan’s NDP, which in 2017 overturned a minority Liberal government with the help of the Green Party, was projected Saturday evening […] Read more

U.S. livestock: Hog, live cattle futures up on bargain buying

USDA Cattle on Feed data tops expectations

Chicago | Reuters –– Chicago Mercantile Exchange lean hog and live cattle futures rose on Friday on some bargain buying ahead of the weekend. Hog futures snapped a three-session losing streak, the longest for the December contract in five weeks, while live cattle rebounded from its lowest since June 29. CME December lean hogs rose […] Read more


Beef demand is slowly improving as Canadian and U.S. economies recuperate from the COVID-19 spring shutdown.

Favourable beef market over the long term

Market Update with Jerry Klassen: Poor calf prices this October, fed prices will improve later in 2021

First a look at the calf market The calf market will likely remain flat through this October and November. After December, calves that come on the market generally have the option to be placed on grass next spring or moved to a finishing lot. The calf market during the spring of 2021 is expected to […] Read more

U.S. livestock: Hog futures fall for third day in a row

USDA report expected to show more cattle on feed

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for the third day in a row on Thursday, with traders saying they expected the recent surge of Chinese demand for pork to fade as the world’s top consumer rebuilds its decimated hog herd. “I increasingly see more attention paid to deteriorating long-term export […] Read more