GFM Network News



U.S. livestock: Live cattle futures firm on strong cash market, rising beef prices

Chicago | Reuters – U.S. live cattle futures firmed on Friday, supported by strong cash feedlot cattle and beef prices and robust packer profit margins. The market posted a modest decline for the week after eight straight weeks of gains, but prices remain near six-month peaks reached after the two-month rally took futures up by […] Read more



Antimicrobials are often used to treat bovine respiratory disease in feedlots. But there’s little hard data, which makes it difficult to know how practices such as low-stress weaning might lower use.

Feedlots to be put to the test — and that’s what they want

Thwarting resistance and reassuring consumers behind antimicrobial monitoring

A new pilot project will give Canada’s cattle industry some long-overdue and much-needed data about antimicrobial use and resistance on Canadian beef farms. “Antibiotic resistance is a really, really big deal, both for human and animal health,” said Reynold Bergen, science director for the Beef Cattle Research Council. “If bugs get resistant to antibiotics, the […] Read more


U.S. livestock: Lean hog futures retreat as interim China trade deal delayed

Chicago | Reuters – U.S. lean hog futures retreated on Wednesday, surrendering nearly all of the prior session’s strong gains on worries about U.S. pork exports to China after a senior White House official said a “phase one” trade deal with the world’s top pork consumer could be delayed. The delay followed news that Canada […] Read more

A co-ordinated effort by beef groups to address concerns and communicate directly with consumers was a key goal of the strategy.

Having a national strategy is working, say beef leaders

Sustainable beef effort, more funding, and greater industry co-operation cited as examples of progress

Having a national beef strategy has paid dividends and that’s why the sector has revised and updated it, say beef leaders. “This is an ongoing plan for the industry,” said Anne Wasko, chair of the Canadian Roundtable for Sustainable Beef, one of seven groups behind the strategy. “The vision of the national beef strategy is […] Read more


U.S. livestock: Lean hogs jump in short-covering, technical bounce

Chicago | Reuters – U.S. lean hog futures rallied on Tuesday in a technical-buying and short-covering bounce from recent lows, underpinned by hopes for accelerated pork sales to China amid surging prices in the world’s largest pork-consuming country, analysts said. Pork prices have surged to record highs in China as African swine fever has decimated […] Read more

Klassen: Steady demand seen for all feeder cattle

Compared to last week, Western Canadian feeder cattle prices were relatively unchanged.  Yearlings supplies were limited in certain regions which caused buyers to shrug off fleshier characteristics in some cases; however, heavier yearlings over 950 pounds were somewhat softer. Finishing feedlots appeared to be more aggressive on heavier, vaccinated or pre-conditioned calves. Many auction barns […] Read more


U.S. livestock: Live cattle climb to new six-month peak on rising cash market

Chicago | Reuters – U.S. live cattle futures scaled a six-month high on Monday, propelled by firming cash cattle and beef prices and strong packer margins, analysts said. Chicago Mercantile Exchange (CME) December live cattle settled up 0.550 cent at 120.075 cents per pound, its highest level since April 25. February futures gained 0.375 cent […] Read more

U.S. livestock: Live cattle set six-month high on fund buying, firm cash prices

Chicago | Reuters – U.S. live cattle futures shot to a six-month high on Friday and feeder cattle reached their highest prices since May on fund buying and strength in the cash market, analysts said. Chicago Mercantile Exchange (CME) December live cattle settled up 2.3 cents at 119.525 cents per pound after reaching 119.7 cents, […] Read more