Livestock Production & Management

Klassen: Feeder market eyes feed grain prices

Compared to last week, western Canadian yearling markets were $4 on either side of unchanged and the market was quite variable across the Prairies. Strength was noted early in the week but feedlot operators pulled in the reins on Thursday and Friday. Strength in the barley market along with lower feeder cattle prices south of […] Read more

Livestock, Markets, Reuters

U.S. livestock: Lean hogs close lower, halting five-session climb

By GFM Network News 13 hours ago

Chicago | Reuters — U.S. hog futures fell more than three per cent on Monday on profit-taking after a 14 per cent rally last week left futures over-priced relative to domestic cash prices, analysts said. CME Group live cattle futures fell in response to a lower cash cattle trade late last week and spillover weakness […] Read more

Livestock, Markets, Reuters

U.S. livestock: Hogs up, cattle firm on hopes for Mexico deal

By GFM Network News 4 days ago

Chicago | Reuters — U.S. hog and cattle futures rose on Friday, boosted by hopes that a trade agreement with Mexico will be finalized in the coming days, traders said. Mexico’s economy minister Ildefonso Guajardo said on Friday he hopes to conclude by the middle of next week outstanding bilateral issues with the U.S. surrounding […] Read more

Hogs, Livestock, Markets

Trade uncertainty weighs on Manitoba pork prices

By GFM Network News 5 days ago

CNS Canada –– An ongoing trade battle between China and the U.S., along with general uncertainty in global trade, is starting to put a damper on Manitoba pork prices. In Canada, the formula price used by domestic farmers is based on the national base price in the U.S. That price is determined by a formula […] Read more

Livestock, Markets, Reuters

U.S. livestock: Hogs close limit up on hopes of export pick-up

By GFM Network News 5 days ago

Chicago | Reuters — U.S. hog futures rallied on Thursday, with most contracts closing at their daily trading limit, on hopes that exports to China will pick up after Washington and Beijing agreed to open trade negotiations, traders said. China and the U.S. will hold lower-level trade talks this month, the two governments said, offering […] Read more

Livestock, Reuters

Wendy’s sells stake in Arby’s owner

By Reuters, GFM Network News 5 days ago

Reuters — Hamburger company Wendy’s Co. ended its decade-old ties with Arby’s as it sold its 12.3 per cent stake in the sandwich chain’s parent for US$450 million on Thursday, giving it a boost as it battles larger rivals McDonald’s and Burger King. Wendy’s will sell its stake to Inspire Brands, owned by Roark Capital, […] Read more

Livestock, Markets, Reuters

U.S. livestock: Hogs rise on bargain buying

By GFM Network News 6 days ago

Chicago | Reuters –– U.S. hog futures rose on Wednesday on a mild bargain buying bounce after prices sank to a 4-1/2 month low early in the session, traders said. Bargain hunting also propped up cattle futures. Gains in cattle and hogs were limited due to a lack of fresh news. CME August live cattle […] Read more

Livestock, Markets, Reuters

U.S. livestock: Technical buying supports cattle futures

By GFM Network News August 14, 2018

Chicago | Reuters — U.S. cattle futures rose on Tuesday, supported by technical buying after falling on Monday, traders said. The benchmark Chicago Mercantile Exchange October live cattle futures contract found support at its 100-day moving average. The market has not closed below that key technical point since July 13. Hog futures were mixed, with […] Read more

Finishers, Livestock, Markets

Klassen: Strong demand drives yearlings higher

By GFM Network News August 14, 2018

Compared to last week, western Canadian yearling markets traded $2-$3 higher, with quality packages advancing $4-$6. Feedlot operators shrugged off the weaker live cattle futures as feed grain prices came under pressure. Cattle brokers were carrying a full deck of orders, which allowed for limited slippage. Feedlots are anxious to secure ownership early in the […] Read more

Beef Cattle, Livestock

Manitoba Beef Producers president steps down

By GFM Network News August 13, 2018

The race to become the federal Conservatives’ candidate in Dauphin has claimed a second Manitoba farm leader. Dauphin-area rancher Ben Fox, president of Manitoba Beef Producers and the District 13 representative on the group’s board, announced Tuesday he had resigned as MBP president to seek a “federal party nomination.” MBP didn’t say which nomination Fox […] Read more

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Klassen: Feeder market eyes feed grain prices

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Klassen: Feeder market eyes feed grain prices

U.S. livestock: Lean hogs close lower, halting five-session climb

U.S. livestock: Hogs up, cattle firm on hopes for Mexico deal

Trade uncertainty weighs on Manitoba pork prices

U.S. livestock: Hogs close limit up on hopes of export pick-up

Wendy’s sells stake in Arby’s owner

U.S. livestock: Hogs rise on bargain buying

U.S. livestock: Technical buying supports cattle futures

Klassen: Strong demand drives yearlings higher

Manitoba Beef Producers president steps down

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