GFM Network News


Japan now accepting Canadian OTM beef

The last of Japan’s BSE-related restrictions on Canadian beef are lifted as of last Friday, with the Japanese government’s agreement to allow beef from Canadian cattle over 30 months of age (OTMs). Citing industry estimates, Agriculture and Agri-Food Canada said the added access announced Tuesday could mean an increase of up to 20 per cent […] Read more










R-CALF suit alleges U.S. packers conspired to suppress fed cattle prices

Reuters — Four of the largest U.S. beef-packing companies were accused in a lawsuit on Tuesday of violating federal antitrust law by conspiring to drive down prices they paid ranchers for cattle, even as retail beef prices hovered near record levels. Tyson Foods, Cargill, the JBS USA unit of Brazil’s JBS and National Beef Packing […] Read more


Klassen: Feeder market remains volatile

Compared to last week, western Canadian feeder cattle markets traded $3-$5 on either side of unchanged. Many auction barns were closed last week and the ones holding sales had smaller numbers. Quality packages of yearlings were on the higher end of the range while smaller groups of fleshier replacements were discounted. Alberta feedlots were focusing […] Read more

U.S. livestock: Lean hog futures lower, live cattle follow suit

Chicago | Reuters – U.S. hog futures declined on Monday on a mix of softer cash hog prices and technical selling after a run-up to contract highs earlier this month, traders said. Chicago Mercantile Exchange live cattle futures followed hogs lower. The benchmark June lean hogs contract fell roughly 3 percent, settling down 2.975 cents at 93.775 […] Read more