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
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
Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association
Growth in domestic beef production has been tempered by smaller carcass weights offsetting larger slaughter numbers. Smaller production gains combined with strong export markets have resulted in unexpected strength in the fed cattle market that rallied 28 per cent from the October low to March. Alberta fed cattle prices in March were steady with last […] Read more
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
Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association
The U.S. herd is expanding, while the Canadian beef cattle herd has stabilized. Cattle prices have peaked and producers are now watching to see how far and how fast prices will drop with more pounds of protein available in North America. This will be largely determined by domestic and international demand, which were very strong […] Read more
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 is prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen's Association
While U.S. herd expansion is underway, the Canadian beef cattle herd remains in the consolidation phase. Cow-calf and feedlot profitability improved significantly in 2014 with record cattle prices, lower feed costs and strong beef demand, but risk factors such as weather conditions, input costs and competition from pork and poultry need to be closely watched […] Read more
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
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