GFM Network News


The Canadian beef cow herd is the smallest it's been since 1988.

Beef Watch: Canadian cattle herd inventories down

Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association

Strong demand has supported remarkably steady feeder cattle prices going into the fall run despite uncertainty around feed grain production with a disappointing harvest. Feedlot margins in the first half of the year were better than expected, even though they were negative in the second half, in the face of larger protein supplies in North […] Read more

Beef Watch: Canadian cattle herd remains steady, demand keeps prices firm

Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association

The Canadian cattle herd continued to be steady, but reduced feeder exports in 2017 was supportive to domestic beef production. Strong demand, especially from the global market, kept beef and cattle prices firm despite increased production. While the cattle market continued to be strong at the beginning of 2018, larger on-feed inventories and increasing feed […] Read more


Beef Watch: Canadian cattle herd steady, U.S. calf numbers grow

Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association

The Canadian beef cow herd remained steady on July 1, 2017. The beef cow culling rate is in line with the long-term average, but heifer slaughter is up. The feedlot sector saw impressive profitability in the first half of the year but is also facing larger price risks due to swings in fed cattle prices. […] Read more

Beef Watch: Canadian cattle herd steady

Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association

Sellers have lost leverage throughout the supply chain as larger protein supplies in North America are pressuring prices down. Lower cattle prices have resulted in serious red ink for feedlots and disappointing calf prices this fall. Cow-calf returns have dropped but remain above the 10-year average. For producers who have made major infrastructure investments over […] Read more


Beef Watch: Canadian herd shows no growth

Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association

U.S. herd expansion in 2015 means more calves are available south of the border this fall. In contrast the Canadian herd continued to contract. As U.S. beef production rebounds in 2016, there is potential for beef and cattle prices to decline. Current prices are being supported by a lower exchange rate. Has Canada missed out on […] Read more

Beef Watch: Consumer demand for beef is strong

Prepared by the staff of Canfax and Canfax Research Services, and divisions of the Canadian Cattlemen’s Association

Beef cow and breeding heifer numbers on July 1 were down, indicating the beef industry is still in the consolidation phase. Heading into 2015 expansion is anticipated to be slow both north and south of the border. DEMAND The fundamentals that have driven the market higher throughout 2014 will remain supportive to prices. The big question for 2015 […] Read more