GFM Network News



Feed weekly outlook: Overwintered barley beats expectations

Reading Time: < 1 minute MarketsFarm — Last fall’s remaining barley crops coming off the field this spring were at risk of causing a supply glut in feed grain markets. Luckily, however, those overwintered barley crops are in better-than-expected condition, and not all of them are going into the feed market. “We thought there would be a lot more coming […] Read more



Klassen: Yearling prices stay sluggish, calves hold value

Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were steady to $4 lower; calves and grass cattle were relatively unchanged. Early in the week, the mood was quite depressing; yearlings were under pressure with feedlot buyers on the sidelines. By Friday, the market appeared to be well established. Backgrounding operators have been active sellers over […] Read more


Klassen: Uncertainty defines feeder market

'Hope' factor remains supportive

Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were down $3-`$5 on average while calves were unchanged to down $2. Sales were characterized by low volumes and limited buying interest. Feedlot operators are hesitant to step forward in the current environment, with packing plants on both sides of the border reducing capacity. At the same […] Read more

Klassen: Weaker fed cattle prices weigh on feeder market

Reading Time: 2 minutes It appears finishing feedlots and cattle buyers are coming to terms with the fact that the COVID-19 pandemic may last longer than earlier anticipated. The “hope” factor that this environment will be short-lived has evaporated. Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $10 lower, with yearlings absorbing […] Read more


Klassen: Feeder market lacks buying interest

Market gives in to pressure from Chicago futures

Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded $5-$8 lower on average, with yearlings dropping as much as $10-$12 in certain areas. It appears buyers are incorporating a risk discount due to uncertainty in beef demand longer-term. Rising unemployment levels, sluggish consumer confidence and a sharp drop in disposable income are all factors […] Read more

U.S. livestock: Hog futures hit 17-1/2-year low

Cattle also sink as virus measures disrupt markets

Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures fell on Friday to the lowest point since late 2002 on tumbling pork prices and slowing slaughter rates as measures to control the COVID-19 coronavirus pandemic shuttered schools and restaurants and sent U.S. unemployment rates soaring. Cattle futures also dropped as wholesale beef and cash feedlot cattle prices […] Read more


Take extra steps to keep farm workers safe during COVID-19

Add biosecurity practices, or ramp up the ones you already employ

Reading Time: 3 minutes Farmers concerned about the spread of COVID-19 can learn from the hog sector on the matter of protecting themselves and their workers, says a leading expert on biosecurity in the pork industry. “This is the world of biosecurity that the swine industry deals with on a daily basis,” said Dr. Egan Brockhoff, veterinarian counsellor for […] Read more