GFM Network News


(Photo courtesy Canada Beef Inc.)

Fed cattle finding profitable territory

The Markets with Deb McMillin, from the June 2021 issue of Canadian Cattlemen

Fed cattle After over a year of losses, feedlots are beginning to see fed cattle marketed back in profitable territory. Fed cattle prices have strengthened over the past month. Seasonal price improvement, tighter numbers, excellent export demand and strong cut-out values have led to an increase of over $10/ cwt over the past four weeks. […] Read more

(Photo courtesy Canada Beef Inc.)

Fed cattle prices see a boost

The Markets with Deb McMillin, from the May 2021 issue of Canadian Cattlemen

Fed cattle Tighter front-end supplies and higher cut-out values on both sides of the border have boosted fed cattle prices. Although not climbing as rapidly as the cut-out value, the Canadian fed cattle price saw a $2/cwt increase between late March and April 9. The second week of April saw a fed steer average of […] Read more


McMillin: Fed cattle market sees little improvement

McMillin: Fed cattle market sees little improvement

The Markets with Deb McMillin, from the April 2021 issue of Canadian Cattlemen

Fed cattle A larger domestic slaughter supply coupled with heavier carcass weights limited seasonal improvement in the fed market. The fed steer average in mid-March was $149.93/cwt, $0.98/cwt lower than the start of the month and down $2.65/cwt when compared to a year ago. Mid-March 2020 was the start of the market disruptions due to […] Read more

McMillin: Fed cattle prices slowly improving

McMillin: Fed cattle prices slowly improving

The Markets with Deb McMillin, from the March 2021 issue of Canadian Cattlemen

Fed cattle Fed cattle prices are slowly improving. The Alberta average climbed $0.50/cwt to $151.20/cwt at the start of February. Since the beginning of the year, the average has climbed nearly four per cent. Packer interest has been solid but larger fed cattle supply has limited seller leverage and high feed costs are encouraging feeders […] Read more


(Photo courtesy Canada Beef Inc.)

Fed cattle supply interest picks up in new year

The Markets with Deb McMillin, from the February 2021 issue of Canadian Cattlemen

Fed cattle The start of fed cattle trading in 2021 saw active interest in supply with prices higher than year-end. The backlog from the spring of 2020 appears to have been cleaned up and packers are looking to secure additional inventory. The first weekly average reported in 2021 was $145.53/cwt. This was $1.16/cwt higher than […] Read more

McMillin: Fed-cattle prices stubborn to move

McMillin: Fed-cattle prices stubborn to move

The Markets with Deb McMillin, from the January 2021 issue of Canadian Cattlemen

Fed cattle December is typically a strong month for fed cattle prices and while prices have started moving higher, the rate of increase has been disappointing. Recent foodservice restrictions, cancelled holiday parties, uncertainty around jobs and income all have an impact on beef movement. However, more people working from home and limited restaurant spending has […] Read more


(Photo courtesy Canada Beef Inc.)

McMillin: Large carcasses weigh on fed market

The Markets with Deb McMillin, from the December 2020 issue of Canadian Cattlemen

Fed Cattle As packers worked through backlogged inventory and the seasonal increase, prices were pushed lower. More longer-fed cattle came to market, evident in record-high carcass weights. Carcass weights hit 969 lbs. on November 7, 29 lbs. over last year and an increase of 27 lbs. from the previous month. The additional tonnage weighs heavily […] Read more

Larger carcass weights and falling live cattle futures made way for lower fed cattle prices by mid-October.

McMillin: Cattle prices come under pressure

The Markets with Deb McMillin, from the November 2020 issue of Canadian Cattlemen

Fed Cattle Larger carcass weights and falling live cattle futures made way for lower fed cattle prices by mid-October. Slaughter rates remain solid while packers work through the remaining backlog. However, carcass weights have crept up in recent weeks in Canada, sounding a cautionary tone as feedlots become less current and more pounds must work […] Read more


Cattle-on-feed numbers in Alberta and Saskatchewan totalled 772,889 head on September 1.

McMillin: Cattle-on-feed numbers above year-ago levels

The Markets with Deb McMillin, from the October 2020 issue of Canadian Cattlemen

Fed cattle Fed cattle prices held mostly steady in September, with a sideways trading range of $133/cwt to $134/cwt. The week ending September 25 saw fed cattle prices average $134.01/cwt; however, cattle were purchased with a longer pickup time and buyers were less aggressive, leaving the market slightly softer as September ended. Increased carcass weights […] Read more

Cattle prices hold mostly steady

Cattle prices hold mostly steady

The Markets with Deb McMillin, from the September 28, 2020 issue of Canadian Cattlemen

Fed cattle Good demand, strong cut-out value, steady kill rates and good retail featuring have contributed to mostly steady prices throughout the summer months. However, the start of September brought a seasonally lower move in the cash fed cattle market. Typically, larger front-end supplies lead to longer packer lift times and larger carcass weights. This […] Read more