GFM Network News


U.S. livestock: Cattle futures rise on supply concerns

CME lean hog futures down

Reading Time: < 1 minute Chicago | Reuters — Live cattle futures rose to their highest in more than a month on Thursday, supported by signs of a stabilizing cash market and concerns about tight supplies in the coming months, traders said. “The feedlots believe… that we have a marketing hole for most of October into December,” Don Roose, president […] Read more

U.S. livestock: Live cattle futures up ahead of USDA report

Hogs also up ahead of separate USDA data

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures gained on Wednesday, as traders weighed continued strong slaughter rates against expectations for higher placements in the U.S. Department of Agriculture’s end-of-week Cattle on Feed report. “The beef market looks like it’s possibly stabilizing, and that should be supportive for cattle prices in the near term,” said […] Read more


Klassen: Quality features influence feeder cattle prices

Reading Time: 2 minutes Western Canadian yearling markets have traded in a sideways range over the past couple of weeks; major feedlot operators have been aggressive for 800-pound-plus feeders just off grass because these cattle are most efficient and therefore, most profitable. Grass yearlings were quoted steady to as much as $5 higher this past week. Backgrounded yearlings were […] Read more

U.S. livestock: Hog futures gain on export optimism

CME cattle down ahead of USDA report

Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures markets climbed on Tuesday on optimism over China’s continued purchases of U.S. grains, traders said. Exporters sold 266,000 tonnes of U.S. soybeans to China and 264,000 tonnes to unknown destinations, the U.S. Department of Agriculture reported on Tuesday, marking the 13th consecutive business day of sales to […] Read more


More food companies aim to wrangle cattle emissions

Nestle, Barry Callebaut trying out feed additives

Reading Time: 3 minutes Winnipeg | Reuters — Looking to improve milk production, California farmer John Verwey turned to a Swiss-made feed additive designed to make a cow more efficient while reducing methane emissions from cattle burps. The more a cow belches, the more it spends energy that could be used instead for milk production, Verwey reasoned. So two […] Read more

U.S. livestock: Cattle, hog futures fall with other commodities

Traders watching Germany's swine fever findings

Reading Time: < 1 minute Chicago | Reuters — U.S. cattle and hog futures markets fell on Monday, following a broad-based commodity sell-off in the absence of any fresh bullish news, traders said. “It is just kind of risk-off trade,” said Matthew Wiegand, broker at FuturesOne. “Livestock was for the most part happy to follow along.” Chicago Mercantile Exchange October […] Read more


U.S. livestock: CME cattle futures end up on firm cash trade

Lean hog futures close mixed

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed modestly higher on Friday, supported by strength in cash cattle markets this week, but uncertainty about beef demand in the coming months capped rallies, analysts said. Chicago Mercantile Exchange October live cattle futures settled up 0.575 cent at 107.35 cents/lb. and December rose 0.525 cent to […] Read more

U.S. livestock: CME hogs up on another swine fever case in Germany

Cash cattle values firming

Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures rose on Thursday as Germany confirmed one more case of African swine fever in a wild boar, fueling market hopes that China will boost U.S. pork imports. The new case follows six others confirmed in wild boars, not farm animals, in the past week. While no farm animals […] Read more


U.S. livestock: CME hog futures fall as China’s hog herd rebounds

CME December live cattle rise

Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures fell on Wednesday, as the futures market continues to cool in the wake of last week’s rally and on news that the size of China’s hog herd is quickly growing. Hog futures soared last week after Germany reported its first case of African swine fever (ASF) and China […] Read more

U.S. livestock: Futures mixed on pork export questions, cattle supplies

U.S. beef packer margins down on week

Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures had a mixed performance on Tuesday, as the supply of cattle being offered for sale continued to shrink and traders wrestled with uncertainty over pork export demand. An additional five cases of African swine fever (ASF) were initially found in dead wild boars in Germany. Initial tests were […] Read more