GFM Network News


Alberta’s Harmony Beef halts slaughter on positive COVID-19 test

CFIA pulls inspectors after plant employee tests positive

Reading Time: 2 minutes Ottawa/Winnipeg | Reuters — Harmony Beef, an Alberta packing plant, halted cattle slaughter on Friday after the Canadian Food Inspection Agency (CFIA) kept some inspectors from work, due to a positive test for COVID-19 by a Harmony worker, the company said. The partial closure follows a positive COVID-19 test by a worker at U.S. chicken […] Read more

U.S. livestock: Hogs limit down as grocery panic eases

Widespread layoffs raise concern over beef demand

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell their daily three-cent limit on Thursday on signs that a consumer meat-buying frenzy has cooled, allowing traders to re-focus on plentiful U.S. hog and pork supplies, traders said. The benchmark June lean hog futures contract on the Chicago Mercantile Exchange settled down three cents at 68.75 […] Read more


Beef sector mobilizes against supply disruptions

Keeping border open, meeting demand for beef are top priorities

Reading Time: 2 minutes Teams of livestock and government officials are quickly creating plans and policies to keep the sector functioning during the COVID-19 pandemic, says the executive vice-president of the Canadian Cattlemen’s Association. “Our primary objective obviously is to insure there is stable beef production and trade that can continue under the situation with the COVID-19 pandemic,” Dennis […] Read more

Uncertainty drags on Canadian cattle markets

Beef demand is strong but cattle prices are under pressure, Canfax says

Reading Time: < 1 minute Cattle markets have tumbled as a result of COVID-19, according to the senior analyst at Canfax. “Feeder markets are off pretty hard, some of them are off 15 to 20 cents a pound, this week,” Brian Perillat said Tuesday. “They have been depressed over the last month. Feedlots too. Fed price is at the low […] Read more


U.S. livestock: Cattle, hogs rally after grocery stores depleted

Reading Time: < 1 minute Chicago | Reuters — U.S. cattle and hog futures surged on Tuesday, fueled by strength in the cash market as the grocery sector looked to restock shelves following heavy buying during the weekend. Bargain buying also helped support the livestock market. Both live cattle and feeder cattle futures were recovering from near 10-year lows hit […] Read more

U.S. livestock: Lean hogs, cattle limit down on coronavirus fears

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell their expanded daily limit on Friday on fears that the coronavirus pandemic could curb consumer demand for meat and threaten the workforce at slaughterhouses, traders said. “The germophobia is in full force,” said Don Roose, president of Iowa-based U.S. Commodities. Traders are considering that more widespread […] Read more


China proposes new standards on hormone residues in beef

New standards would apply to all beef exporters

Reading Time: 2 minutes Beijing | Reuters — China has drawn up food safety standards on residue limits of growth hormones in beef, a move seen as a further step toward opening up its market to imports of the meat from the U.S. China has previously had zero tolerance for any residues of growth hormones, which has restricted the […] Read more

U.S. livestock: Cattle futures sag as virus woes fuel recession fears

Bearish market sentiment also drags on hogs

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures fell on Wednesday, with several deferred months setting contract lows as fears of a global recession sent global equity markets tumbling and fueled uncertainty about consumer demand for beef, traders said. “The cattle market really follows what is going on with equities, and equities are down near […] Read more


A+W starts move to all-grass-fed, all-Canadian beef

Suppliers lined up to begin transition this spring

Reading Time: 3 minutes Canadian burger chain A+W’s next move to distinguish its menu in a crowded quick-service market will be a connection to the regenerative ag movement, as it sets itself up with an all-Canadian and all-grass-fed beef supply. The Vancouver-based chain, which includes almost 1,000 restaurants across Canada, announced Monday it’s “making a commitment to exclusively source […] Read more

U.S. livestock: CME live cattle sink to new lows

COVID-19 continues to spook investors

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange cattle futures ended mostly lower on Thursday, with several key contracts notching new contract lows on nagging worries about the spread of coronavirus and its impact on global economic growth and demand for beef. Commodity funds, which had recently built up a sizable net long position in live […] Read more