Livestock & Production Tips

CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle pull back on demand uncertainty

CME lean hogs strengthen

By GFM Network News July 21, 2020

Chicago | Reuters — U.S. live cattle futures closed lower on Tuesday for a second consecutive session after key contracts reached more-than-four-month highs last week as processors continued to cut into a surplus of market-ready cattle, traders said. Concerns about a piecemeal economic reopening as coronavirus cases flare up across the United States have traders […] Read more

CME October 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Finishers, Livestock, Markets

Klassen: Feeder market looking firm for fall

By Jerry Klassen, GFM Network News July 21, 2020

The western Canadian feeder market was hard to define last week due to the small volumes. Small groups under 10 head were quite common and in many cases, one to three head were running through the ring. Discounts were quite severe on these stragglers; however, quality feeder cattle traded at similar levels to last week. […] Read more

CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Live cattle backslide amid cautious slaughter improvements

Lean hogs down on supply backlog

By GFM Network News July 20, 2020

Chicago | Reuters — U.S. live cattle futures closed lower on Monday, pulling back after a rally last week on signs that meatpackers may be working through backlogs of market-ready cattle, traders said. Although slaughter rates have returned to pre-coronavirus levels, cattle remain heavier after backing up in feedlots when processing plants closed this spring […] Read more

Employees walk around with face masks at the JBS USA meat packing plant at Greeley, Colorado on April 14, 2020. (File photo: Reuters/Shannon Stapleton)

Livestock, Reuters

U.S. meatpackers try air cleaning tech after COVID-19 outbreaks

By GFM Network News July 18, 2020

Chicago | Reuters — Two of the world’s largest meatpackers said on Friday they have installed ultraviolet air cleaning equipment in some U.S. plants, as pressure mounts on food companies to protect workers amid growing concerns about airborne transmission of the coronavirus. JBS USA, owned by Brazil’s JBS SA and one of four major U.S. […] Read more

CME August 2020 live cattle with Bollinger (20,2) bands. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Live cattle end steady to firmer

Lean hogs dip after weekly advances

By GFM Network News July 17, 2020

Chicago | Reuters — U.S. live cattle futures closed steady to firm on Friday, stabilizing after a two-session rally attributed to speculative buying and signs that meat packers may have worked through much of a backlog of market-ready cattle, traders said. Chicago Mercantile Exchange (CME) August live cattle futures settled unchanged at 103.275 cents/lb. and […] Read more

Livestock, Poultry/Eggs

Quebec packer buying Maple Leaf chicken plant

Avicomax's supply agreements with farmers remain

By Dave Bedard, GFM Network News July 17, 2020

A family-owned Quebec poultry packer specializing in antibiotic-free and organic chicken is set to buy a Maple Leaf Foods facility in the same line of work. Volaille Giannone, which operates a poultry slaughter and packing plant at St-Cuthbert, about 65 km southwest of Trois-Rivieres, announced Thursday it has a deal in place to buy Maple […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle futures hit four-month top

Lean hogs up on export news

By GFM Network News July 17, 2020

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) rose on Thursday to four-month highs as steady to firmer cash cattle prices signaled that meat packers may have largely worked through a backlog of market-ready cattle that built up this spring, traders said. CME August live cattle futures settled up 1.975 […] Read more

Cattleman’s Corner, Livestock, Markets

Feeder prices divorce from fed cattle market

It will take time to work through the backlog of market-ready cattle

By Jerry Klassen July 16, 2020

During the third week of May, Alberta fed cattle were selling in the range of $150 to $153. However, the backlog of market-ready supplies has caused prices to come under pressure. A month later in the last week of June, Alberta fed cattle prices were averaging $123 on a live basis. During the same period, […] Read more

Livestock, Markets, Reuters

U.S. livestock: Live cattle up with cash values, technical buying

CME lean hog contracts mixed

By GFM Network News July 16, 2020

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) closed higher on Wednesday, led by the nearby August contract on signs of firmer cash cattle prices and technical buying, traders said. Market-ready cattle traded in the cash market at $95-$97/cwt in the southern Plains, the U.S. Department of Agriculture reported, after […] Read more

One of the centrepieces of Burger King’s #CowsMenu campaign is a video directed by Michel Gondry featuring U.S. singer and yodeler Mason Ramsey. (Burger King video screengrab via YouTube)

Finishers, Livestock

U.S. beef ranchers sour on Burger King lemongrass ration

RBI arm launches '#CowsMenu' program, 'Reduced Methane' Whopper

By Dave Bedard, GFM Network News July 16, 2020

A new U.S. sustainability campaign from one of the world’s biggest fast food chains, training its lens on beef cattle passing gas, has “disappointed” some cattle producers while also proposing its own new feedlot ration as a way to help cut emissions. Burger King, owned by Toronto-based Restaurant Brands International, on Tuesday launched the “#CowsMenu” […] Read more

GFM Network News

U.S. livestock: Cattle rebound on technical buying

U.S. grains: Soybeans fall as rapid harvest overshadows China trade hopes

Good weather pushes Alberta harvest along

Livestock

U.S. livestock: Live cattle pull back on demand uncertainty

Klassen: Feeder market looking firm for fall

U.S. livestock: Live cattle backslide amid cautious slaughter improvements

U.S. meatpackers try air cleaning tech after COVID-19 outbreaks

U.S. livestock: Live cattle end steady to firmer

Quebec packer buying Maple Leaf chicken plant

U.S. livestock: Cattle futures hit four-month top

Feeder prices divorce from fed cattle market

U.S. livestock: Live cattle up with cash values, technical buying

U.S. beef ranchers sour on Burger King lemongrass ration

AgCanadaTV

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

Cyber-Savvy Farmer

Latest Market News