GFM Network News


CME June 2021 lean hogs (candlesticks) with 20-day moving average (pink line) and June 2021 live cattle (red high/low/close). (Barchart)

U.S. livestock: Hog futures rally on technical bounce

June live cattle up, August feeders down

Chicago | Reuters — Lean hog futures rallied on Tuesday, rising 1.8 per cent on a technical bounce after three straight days of declines pushed prices to their lowest since April 30, traders said. Concerns about a tightening of supplies during grilling season added support. “We are still watching weekly hog slaughter rates,” said Rich […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Drier conditions will influence feeder market

The feeder market was hard to define this week. The quality of yearlings was quite variable. Fleshier types were heavily discounted while quality packages were unchanged from seven days earlier. Calf prices were mostly unchanged; however, values were down $4-$6 in drier pockets of southern Saskatchewan and southern Manitoba. Southern Alberta barley prices were quoted […] Read more


CME August 2021 live cattle (candlesticks) with 20- and 50-day moving averages (brown, black lines) and June 2021 lean hogs (pink high/low/close). (Barchart)

U.S. livestock: Live cattle futures close to unchanged

CME June lean hog futures fall

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled close to unchanged on Monday, with attempts at a bargain-buying rally fizzling out after hitting some key resistance points. Hog futures were lower, notching their third straight day of declines on a technical setback. Cattle futures had weakened along with corn futures to end […] Read more

CME August 2021 feeder cattle (candlesticks) with 20-day moving average (dark red line) and August 2021 live cattle (pink line, left column). (Barchart)

U.S. livestock: Live cattle down, feeders up with corn

CME lean hog futures down

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures extended losses on Friday on long liquidation that also dragged down corn futures, analysts said. It was the second consecutive day that cattle futures followed declines in the Chicago Board of Trade corn market, which has retreated from eight-year highs reached last week. “Cattle got […] Read more


Can you have a regenerative system and still optimize carrying capacity and performance in the livestock that you graze or feed? The answer is yes!

Schoepp: People need to know livestock can be good for the environment

In a regenerative program, livestock bring a host of benefits — but that fact is being ignored

Reading Time: 3 minutes Livestock have come under the magnifying lens as being destructive for the climate and for the environment. Producers have been quick to respond and Canada leads the way globally with its environmentally conscious and sustainable beef supply chain. However, society as a whole does not understand the role of livestock in systems. The concept of […] Read more

There are several key indicators of pasture productivity that should be tracked, says Manitoba producer Ryan Boyd.

If you’re aiming for pasture perfection, you need a scorecard

Getting maximum production is an elusive target but good records help a lot, says producer

Reading Time: 3 minutes Is your pasture above- or below-average? And if you don’t keep accurate records over time, how do you know? The first step is knowing what your land is capable of producing so you can set a proper grazing rate, says Ryan Boyd. That was driven home for the Manitoba producer when he was awarded a […] Read more


CME June 2021 live cattle (candlesticks) with Bollinger (20,2) bands and June 2021 lean hogs (pink high/low/close). (Barchart)

U.S. livestock: Live cattle futures fall on long liquidation

Lean hogs down with pork export sales data

Chicago | Reuters — U.S. live cattle futures fell 2.5 per cent on Thursday, following broad declines in grain and livestock markets that analysts attributed to fund-driven long liquidation and technical selling after recent highs. “It seems it was a risk-off day all across the board… It was more of a technical move and just […] Read more

CBOT July 2021 corn (blue high/low/close) and CBOT July 2021 wheat (red HLC). (Barchart)

Feed weekly outlook: Falling futures suggest first cracks in lofty market

MarketsFarm — A sharp drop in corn and wheat futures prices at the Chicago Board of Trade over the past week could be the sign of the first cracks in the western Canadian feed grain market. That said, tight supplies and uncertainty over new-crop grain production remain supportive. “With the move on the futures market […] Read more


CME June 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (brown, dark red and black lines) and June 2021 lean hogs (pink high-low-close). (Barchart)

U.S. livestock: Live cattle futures end mixed

Feeder cattle rise as corn prices falter

Chicago | Reuters — U.S. live cattle futures closed mixed on Wednesday, with the benchmark June contract easing in a light round of profit-taking while robust beef prices continued to underpin the market, traders said. Chicago Mercantile Exchange June live cattle futures settled down 0.025 cent at 118.6 cents/lb., retreating after a climb to 119.425 […] Read more

File photo of cattle grazing on Prince Edward Island. (ArodPEI/iStock/Getty Images)

Eastern drought zones set for livestock tax deferrals

Regions designated in P.E.I., N.S., N.B., Quebec

In a decision that may have come late for some, New Brunswick, Prince Edward Island and parts of southeastern Quebec and northwestern Nova Scotia have been declared drought zones for eligible livestock producers’ 2020 tax purposes. The federal government on Monday released its list and map of prescribed drought regions where tax deferral on sales […] Read more