GFM Network News

More News →

Pigs

CME May 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle mixed on hopes of economic reopening

'We're producing too many pigs for our demand'

By
Chicago | Reuters — U.S. live and feeder cattle futures ended mixed on Friday, with nearby contracts pressured by coronavirus-related disruptions at packing plants, while hopes for a reopening of the economy lifted deferred contracts. Actively traded June live cattle ended higher on the week, for a second straight week, after seven consecutive weeks of […] Read more
(Dave Bedard photo)
General, Markets, Reuters

U.S. announces coronavirus aid for farmers, food buys for poor

Direct payments, mass purchases planned

By
Chicago | Reuters — President Donald Trump on Friday announced a $19 billion relief program to help U.S. farmers cope with the impact of the coronavirus, including $16 billion in direct payments to producers and mass purchases of meat, dairy, vegetables and other products (all figures US$). The U.S. Agriculture Department is partnering with regional […] Read more
A canola field near Pincher Creek, Alta. (Laughingmango/E+/Getty Images)
General, Markets

Ag industry a potential ‘bright spot,’ post-pandemic

Agriculture could lead economic rebuild, ATB official says

By ,
Alberta’s ag sector will be key in rebuilding the province’s economy once the pandemic is over, says the director of research for economics at ATB Financial. “Overall, I think one of the bright spots in a really dark economic situation in the province is our agriculture and agri-food sector,” Rob Roach said. “It’s still producing. […] Read more
CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures rebound to one-week high

Lean hog trade remains focused on plant shutdowns

By
Chicago | Reuters — U.S. live and feeder cattle futures jumped to one-week highs on Thursday as the markets extended rebounds after diving recently on concerns about the new coronavirus backing up livestock on farms. Hog futures remained under pressure from disruptions caused by the virus, which has shut pork processing plants run by Smithfield […] Read more
(Marina Karkalicheva/iStock/Getty Images)
Dairy Cattle, Hogs, Livestock, Markets, Reuters

Trump administration aims to buy milk, meat to help farmers, Perdue says

Homeland Security to ease visa rules for ag workers

By ,
Reuters — The U.S. government plans to buy milk and meat from farmers as part of an initial US$15.5 billion effort to help them weather the impact of the coronavirus outbreak, Agriculture Secretary Sonny Perdue said on Wednesday. The decision comes amid rising pressure from the U.S. farm lobby for government purchases as growers and […] Read more
(StockstudioX/E+/Getty Images)
General

Farmers to know soon whether new wage supports work for them

Top-up also en route for low-wage essential workers; CERB also tweaked

By
Ottawa — Agricultural employers may soon find out whether changes to the Canada Summer Jobs program, and other new federal supports on the way, will result in more workers for the sector. Federal Agriculture Minister Marie-Claude Bibeau on Wednesday said officials are reviewing requests from employers to see which ones will qualify to have 100 […] Read more
CME June 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures recover

Cargill cuts more beef shifts, Smithfield shuts more pork plants

By
Chicago | Reuters — U.S. cattle and hog futures advanced on Wednesday as the markets recovered slightly from recent losses that traders said had dropped prices too far below the cash markets. Futures prices have tumbled recently as major meat companies have shut slaughterhouses due to the spread of the new coronavirus among employees. The […] Read more
File photo of cattle being rounded up at a southern Alberta ranch. (Design Pics/Getty Images)
General

Foreign workers starting to arrive, livestock group says

About 2,000 have recently arrived, several thousand more here soon, feeders say

By ,
About 2,000 foreign workers have arrived in Canada in recent weeks and more should be here soon, an official with the National Cattle Feeders Association says. “There are about 4,000 more that are expected to arrive shortly, so the process is starting to work,” Janice Tranberg, the association’s president and CEO, said during a telephone […] Read more
CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures rise as traders hope slaughterhouses reopen soon

Hogs more sensitive to packer disruptions

By
Chicago | Reuters — U.S. cattle futures rose Tuesday in a turnaround from recent losses, supported by a temporary easing of concerns over meat plants’ shutting due to cases of the COVID-19 coronavirus among workers, analysts said. Livestock markets have been fixated on shutdowns of meat plants because processing disruptions cause a backup in supplies […] Read more
File photo of a small greenhouse operation in Quebec. (ManonAllard/E+/Getty Images)
General

Increased federal support for TFWs welcomed

By
Ottawa — The Canadian Horticultural Council says Monday’s federal announcement offering $50 million to help cover the extra costs associated with importing foreign workers this year is welcomed support. “We are finding that there are a lot of increased costs this year with COVID-19 and bringing in the employees, so having the extra money will […] Read more

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

Sponsored By:
More Videos →

Cyber-Savvy Farmer

Glacier Farmmedia Podcast

Latest Market News

More Market News →