Market Intelligence Update from Canada Beef: U.S. beef demand on track to remain among 20-year highs

Market Intelligence Update from Canada Beef: U.S. beef demand on track to remain among 20-year highs

It is no secret that Americans like to barbeque and Circana’s May 2023 consumer survey suggests strong grilling activity for the summer of 2023. U.S. beef demand has been steady so far this year but muted shifts between channels and products are apparent. The current support for beef in the U.S. economy is overshadowed by […] Read more

Cattle-on-feed numbers rise, feed costs remain at ‘record-high levels’

Cattle-on-feed numbers rise, feed costs remain at ‘record-high levels’

The Markets with Deb McMillin, from the February 2023 issue of Canadian Cattlemen

Fed cattle Smaller slaughter numbers and lighter carcass weights through the holidays led to a stronger cash price as we started the new year. The first week of trade in 2023 ended with an average of $186.04/cwt, which was $1.54/cwt higher than the end of 2022 and over a $3/cwt improvement from the December low. […] Read more


Japan has consistently been a top customer and is the leading international market for U.S. red meat.

Beef exports add huge value

Prime Cuts with Steve Kay

Exports are the lifeblood of the U.S. beef industry, even more so than in Canada if one excludes its exports south. U.S. exports added more than US $476 to the value of each fed steer or heifer in the first seven months of this year. From virtually no beef export sales in the 1970s, the […] Read more

Continued drought conditions are forcing cattle into feedlots and moving cow-calf producers to reduce their numbers.

No relief in sight for drought-stricken U.S. cattle producers

Prime Cuts with Steve Kay

Drought continues to afflict the U.S. cattle/beef industry. Since I last wrote about its consequences in my May column, conditions have only gotten worse in many parts of the country and there is no relief in sight. These conditions continue to force cattle into feedlots and cow-calf producers to keep reducing their beef cow numbers […] Read more


File photo of raw and cooked ground beef. (Lime and Lemon Media photo via Canada Beef Inc.)

Beef sector calls for Health Canada label exception

The Canadian Cattlemen's Association wants ground beef exempted from proposed rules

The cattle sector is less than pleased by a Health Canada proposal that would put a ‘high saturated fat’ label on retail ground beef. The proposal is part of a suite of changes proposed for Canada’s Food and Drug Regulations. As well as adding a front-of-packaging (FOP) label requirement for foods deemed by Health Canada […] Read more

Loblaw is expanding its initial purchase of certified sustainable beef.

Canada Beef Market Intelligence Update: Global survey pinpoints beef consumer priorities

An online survey commissioned by Canada Beef revealed beef consumers share common priorities across nearly all borders when buying fresh beef or selecting a beef brand.  Consumers in the nine countries surveyed most commonly cited product freshness, quality certification or grade, price and product origin as top considerations when purchasing fresh beef. While selecting a […] Read more


(Photo courtesy Canada Beef Inc.)

BeefWatch: Canadian cattle inventories shrink, fed cattle prices improve

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

Canadian cattle inventories continued to shrink at the start of 2021, while U.S. inventories declined slightly from their peak. North American cattle supplies remain ample but could tighten as the year progresses with the potential of a smaller calf crop. Canadian beef production continues to be supported by feeder imports from the U.S. The backlog […] Read more



(PortMetroVancouver.com)

Market access, income supports come with Trans-Pacific pact

Canada’s federal government has pledged a suite of compensation programs for supply-managed dairy, poultry and egg sectors, against what it promises will be a mousehole in Canada’s tariff wall. Federal officials on Monday confirmed negotiations have concluded on the multilateral Trans-Pacific Partnership, now billed as “the largest, most ambitious free trade initiative in history.” The […] Read more