It is rare to see two black swan events occur so close together. But that is what the market is currently facing. African swine fever (ASF) has created a giant protein gap in China and other Asian countries. It is unclear at this point how international demand for protein will be impacted by COVID-19 in […] Read more
Canadian cattle inventories decline yet again
Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association
Beef Watch: Canadian cattle inventories continue to decline on strong beef demand
Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association
Canadian cattle inventories continued to decline in 2019 with strong beef demand supporting cattle marketings. A pork shortage in China due to African swine fever has sent all meat prices to record highs in that country and resulted in strong demand for protein imports. As the virus is sweeping through Asia, production losses are expected […] Read more
Beef Watch: Strong demand keeps beef, cattle prices firm
Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association
The Canadian cattle herd contracted in 2018, but feeder imports supported domestic beef production. Strong demand, especially from the global market, kept beef and cattle prices firm despite increased production. Prices have been holding at levels steady to slightly stronger than last year in the first quarter of 2019, but larger on-feed inventories and high […] Read more
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 beef cow inventories stable, U.S. herds continue to grow
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
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: U.S. cattle herd expanding, Canadian herds stabilized
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
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
Canadian Cattlemen Presents: Depth of Field
