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GFM Network News

  • Photo: Avalon_Studio/Getty Images Plus

    More canola among AAFC’s 2025/26 projections

    2 hours ago
  • A steer in a Saskatchewan feedlot. Photo: Lisa Guenther

    Klassen: Feeder market remains volatile

    3 hours ago
  • Under Trump, U.S. cedes its share of China’s beef market to Australia

    4 hours ago
More News →

Tag Archives CME


CME December 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle lower, feeder cattle advance

By GFM Network News September 4, 2019
Chicago | Reuters –– U.S. benchmark live cattle futures drifted lower on Wednesday, pressured by expectations of weaker cash cattle prices this week and a seasonal slowdown in demand for beef following the Labour Day holiday, traders said. “We finished the last official holiday of summer, and now people are going to wait for the […] Read more

CME October 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs limit up on Chinese pork prices

By GFM Network News September 3, 2019
Chicago | Reuters — U.S. lean hog futures surged their daily limit on Tuesday on a mix of fund-driven buying and renewed optimism about Chinese demand for pork as the Asian country struggles with outbreaks of African swine fever in its massive hog herd, traders said. Retail pork prices in China hit a record in […] Read more


U.S. livestock: Cattle slide as traders eye weak cash prices
Livestock, Markets, Reuters

U.S. livestock: Cattle slide as traders eye weak cash prices

By Tom Polansek, GFM Network News August 31, 2019
Chicago | Reuters — U.S. cattle futures fell on Friday on weakness in the cash market, while hog futures ended mixed. Cattle futures and cash prices have tumbled since a fire at a Tyson Foods slaughterhouse at Holcomb, Kansas, this month removed a key buyer from the market. Some farmers have tried to delay cattle […] Read more

CME October 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs top one-week highs on China trade hopes

By GFM Network News August 29, 2019
Chicago | Reuters — U.S lean hog futures shot to their highest prices in more than a week on Thursday on hopes for progress in trade negotiations with China. China’s commerce ministry said both sides are discussing the next round of talks scheduled in September, but progress would be determined by whether Washington could create […] Read more


CME October 2019 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle down as USDA launches beef market probe

By GFM Network News August 28, 2019
Chicago | Reuters — U.S live cattle futures fell on Wednesday on large domestic supplies, analysts said, as the U.S. Department of Agriculture launched an investigation into the wide gap with beef prices. Cattle prices have weakened recently after a fire at a Tyson Foods slaughterhouse in Kansas temporarily eliminated a key buyer of livestock. […] Read more

U.S. livestock: CME hogs, cattle drop on large supplies
Livestock, Markets, Reuters

U.S. livestock: CME hogs, cattle drop on large supplies

By Tom Polansek, GFM Network News August 27, 2019
Chicago | Reuters — U.S. lean hog futures crumbled under the weight of large supplies and a lack of news about trade talks with China on Tuesday, while cattle futures also weakened. The declines were a turnaround from Monday, when hog futures climbed on hopes for easing tensions in the trade war between Washington and […] Read more


CME October 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs limit up as trade tensions cool

By GFM Network News August 26, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures jumped Monday as U.S. President Donald Trump predicted a trade deal with China after positive gestures by Beijing. Signs of cooling trade tensions supported the market, traders said, after China imposed retaliatory tariffs on imports of U.S. pork and other farm products last year […] Read more

U.S. livestock: CME hogs limit down as trade war heats up
Livestock, Markets, Reuters

U.S. livestock: CME hogs limit down as trade war heats up

By Julie Ingwersen, GFM Network News August 23, 2019
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures tumbled on Friday, with the benchmark October contract falling its daily three-cent limit after China announced a fresh set of tariffs on U.S. agricultural products, traders said. China will levy extra 10 per cent tariffs on U.S. beef and pork from Sept. 1, its commerce […] Read more


U.S. livestock: Cattle extend climb on robust packer margins
Livestock, Markets, Reuters

U.S. livestock: Cattle extend climb on robust packer margins

By Julie Ingwersen, GFM Network News August 23, 2019
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures advanced for a fourth straight session on Thursday, led by the nearby August contract as robust profit margins for beef packers fueled expectations of strong demand for cash cattle, traders said. “Packers are just raking it in, so the incentive is there to ramp up […] Read more

U.S. livestock: CME cattle rise on strong beef demand
Livestock, Markets, Reuters

U.S. livestock: CME cattle rise on strong beef demand

By Julie Ingwersen, GFM Network News August 21, 2019
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday for a third session as strong demand for beef ahead of the Labour Day holiday bolstered margins for meat packers, traders said. CME October live cattle futures ended up 0.225 cent at 100.225 cents/lb., and October feeder cattle settled up 0.9 […] Read more


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