GFM Network News


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U.S. livestock: Cattle futures hit near two-month high as cash markets firm

Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose for the third day in a row on Wednesday, nearing a two-month high on signs of improving cash markets. Traders also said a stepped-up pace of slaughter in recent days indicated demand for beef remains high. CME lean hog futures closed lower, with the front-month […] Read more

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U.S. livestock: Cattle futures extend rally; hog contracts weaken

Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose to their highest in more than seven weeks on Tuesday, with traders noting follow-through buying after the market rallied on Monday. Concerns about supplies and strength in the cash market underpinned cattle futures. CME December live cattle futures settled up 1.925 cents at 131.45 per […] Read more


The farm community knows the value of proper nutrition, decreasing stress and proper, timely immunizations to prevent harmful diseases in their animals.

Lessons learned on the farm apply to the pandemic

Maintaining herd health has taught us about the same good practices being used to combat COVID

Reading Time: 3 minutes The Canadian Veterinary Medical Association designates the first week in October every year in order to increase awareness of veterinary involvement with all animals. Every year there is a theme and this year’s is most appropriate. It is Animal Health + Human Health + Planet Health = One Health. One Health really encompasses the entire […] Read more



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U.S. livestock: CME cattle futures rise on support from fewer cattle placements

Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose on Monday, as the market continued to be bolstered by a government report showing fewer cattle placements than expected, traders said. The USDA’s monthly cattle on feed report, released after the market close on Friday, showed September cattle placements at 97% year-over-year, beneath trade estimates […] Read more

CME December 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME live cattle falls as cash market idles

Lower cash, pork prices drag on lean hogs

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell, pressured by a stagnant cash market and processing backups, traders said. CME December live cattle futures settled down 1.225 cents at 128.325 cents/lb. January feeder cattle futures eased 2.675 cents to end at 157.325 cents/lb. For the week, live cattle futures lost 2.35 cents, […] Read more


Beef roundtable needs producer input

Reading Time: < 1 minute The Canadian Roundtable for Sustainable Beef is updating the National Beef Sustainability Assessment and as part of that, is seeking at least 500 producers to take an online survey. “The primary data collected from farmers and ranchers across Canada through surveys is a critical piece to the credibility and success of the environmental, land use […] Read more

CME December 2021 lean hogs (candlesticks) with 20- and 100-day moving averages (pink and black lines) and CME Lean Hog Index (dark red dotted line, left column). (Barchart)

U.S. livestock: CME lean hogs fall on sluggish export sales

Weaker exports drag on cattle also

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for a third session on Thursday, pressured by weak export activity, traders said. CME December lean hog futures settled down 2.825 cents at 73.2 cents/lb., its biggest drop since Sept. 10 (all figures US$). CME February hogs ended down 2.55 cents at 76.675 cents/lb. […] Read more


CME February 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME lean hogs down on technical selling, export worries

Chicago cattle futures up

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday on technical selling and fears that falling Chinese hog prices point to slowing export demand for U.S. pork, traders said. CME December lean hog futures settled down 1.375 cents at 76.025 cents/lb., after dipping to 75.925 cents and filling a gap on […] Read more

In a video accompanying a Walmart Canada news release on its plan to purchase at least 1.5 million pounds of certified sustainable beef annually, the head of the company’s meat division said the retailer knew it had to “go to the next level.”

Walmart commits to sustainable beef in a ‘milestone moment’

Retail giant will buy 1.5 million pounds in the coming year and more in the years that follow

Reading Time: 3 minutes The effort to build production of certified sustainable beef in Canada is getting a major boost from Walmart. The retailing giant says its Canadian division will become a major buyer of beef certified by the Canadian Roundtable for Sustainable Beef (CRSB). “This is the largest public commitment made by a single retailer to date: 1.5 […] Read more