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GFM Network News

  • Photo: Geralyn Wichers

    U.S. livestock: Cattle rally, hogs slide

    42 minutes ago
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Livestock Livestock

(Geralyn Wichers photo)
Livestock, Markets

U.S. livestock: Cattle futures continue to surge as U.S. cattle on feed inventory declines 

By Geralyn Wichers January 24, 2025
Chicago Mercantile Exchange cattle and hog futures rose across the board on Friday with cattle continuing a run of record-setting prices.

(Nadezhda_Nesterova/iStock/Getty Images)
Livestock, News

Competitive retail prices bode well for chicken demand in 2025 says FCC

Demand projected to grow despite slowing or even shrinking Canadian population

By Geralyn Wichers January 24, 2025
If chicken’s retail price advantage over beef and pork persists, per capita consumption could rise in 2025 despite slowing population growth says a recent sector outlook from Farm Credit Canada.


 Photo: Canada Beef
Livestock, Markets

U.S. livestock: Cattle continue upward march

By Geralyn Wichers January 23, 2025
Cattle at the Chicago Mercantile Exchange continued their upward march on Thursday after Wednesday’s jump, while lean hogs were mixed.

Photo: FevziieRyeman/iStock/Getty Images
Livestock, News, Reuters

Brazil’s beef companies breathing easy over prospect of new Trump tariffs

By Ana Mano, Reuters January 22, 2025
Brazilian beef companies do not expect to be hurt by potential new tariffs from U.S. President Donald Trump's administration because of low inventories of cattle in the U.S. and a sizable tariff that already exists on these exports.


Photo: Thinkstock
Livestock, Markets

U.S. livestock: Cattle futures mixed, lean hogs dip

By Geralyn Wichers January 21, 2025
Chicago Mercantile Exchange cattle futures were mixed as trade resumed following the U.S. long weekend. Most active April live cattle futures closed with small losses, reaching 197.325 cents per pound, down 0.175 cents. February live cattle gained 0.300 cents to close at 197.050 cents per pound.

Photo: Canada Beef Inc.
Livestock, Markets

Klassen: Increased feeder cattle selling caps upside momentum

By Jerry Klassen January 21, 2025
There was a surge in farmer selling across Western Canada last week. Sales volumes were larger than normal at many auction barns.  The fear that President Trump would implement a tariff on feeder cattle ignited fears that that market would drop sharply.  


Livestock, News, Reuters

US and Canada ease ban on French poultry imposed after bird flu vaccination

By Reuters January 20, 2025
The United States and Canada have lifted embargoes on certain French poultry imports imposed after Paris decided to vaccinate ducks against bird flu in October 2023, the French agriculture ministry said on Monday.

Photo: Scott Bauer/ARS/USDA
Livestock, News, Reuters

US turkey producers should ramp up bird flu testing, USDA says

By Reuters, Tom Polansek January 17, 2025
U.S. poultry producers should ramp up testing and monitoring of turkeys for bird flu before they are slaughtered to ensure the virus stays out of the food supply, the U.S. Department of Agriculture said on Friday.


Photo: iStock/Getty Images
Livestock, Markets

U.S. livestock: Lean hogs continue losses; cattle futures mixed 

By Geralyn Wichers January 17, 2025
Chicago Mercantile Exchange lean hog futures closed lower on Friday, continuing a streak of losses. Most active April lean hogs settled at 88.325 cents a pound, down 2.225 cents. February lean hogs closed at 81.123 cents a pound, down 1.175 cents.

FILE PHOTO: A sign with the inscription  “Beware of epidemic danger! No trespassing!” hangs on a fence in front of a farm in Mehrow, close to Ahrensfelde, Germany, January 13, 2025.    REUTERS/Axel Schmidt/File Photo
Livestock, Reuters

Germany has no new foot-and-mouth disease cases, minister says

By Reuters January 17, 2025
Germany has no new cases of the livestock illness foot-and-mouth disease with a suspect case on Thursday not confirmed, German agriculture minister Cem Oezdemir said on Friday.


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