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Tag Archives beef markets

(Canada Beef Inc. photo)
Beef Cattle, Livestock, Markets, Reuters

Higher U.S. beef prices ahead as grills fire up, imports cool down

By ,
Chicago/Wellington | Reuters –– Record-high U.S. beef prices will likely climb even higher this summer just as Australia and New Zealand imports dwindle under an extended drought in those countries and demand for steaks in the U.S. rises. Both countries were among the top three exporters of beef to the U.S. last year as New […] Read more
various cuts of beef
Beef Cattle, Beef Watch, Livestock

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

By
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
cattle eating hay in the snow
Beef Cattle, Holistic ranching, Livestock

The danger in strong cattle prices

Plan for a profit, but always keep a watchful eye on your cost of production

By
It may sound odd to suggest that there is a hidden danger in strong cattle prices. Perhaps there is a danger precisely because most producers don’t recognize that there is such a thing. I believe that there is a hidden danger. As responsible producers we need to recognize the danger and take steps to avoid […] Read more
Stephen Harper and South Korea's President Park Geun-hye
CCA reports

Trade and labour issues

Canada-Korea free trade agreement, access to workers needed, CETA, and COOL

By
What a hectic few weeks it has been, with harvest on the go at home, lobbying activities to lead and significant progress being made on trade files with huge potential for Canada’s beef cattle industry. These new opportunities come at a time when most producers are thinking about next year’s business plan. Much like the […] Read more
Market talk

Beef demand looking forward

Rising disposable income of U.S. consumers to grow Canada's beef and live cattle market

By
It is that time of year where I receive many inquiries in regards to fed and feeder cattle prices for the fall and winter period. We all know that beef supplies will experience a year-over-year decline during the third and fourth quarters of 2014 and therefore the true focus will be on the demand equation. […] Read more
Holistic ranching, Livestock

Supplying consumer demand

By
We are all aware that beef prices in all segments of the industry are at an all-time high. This is most welcome but it might also be a great time for our industry to examine what is happening and why. It is easier for an individual business and an industry to adjust in good times. […] Read more
CCA reports

Interesting times

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May has been a productive month with calving having slowed down and the weather improving just enough for seeding to occur and pastures to green up. The cold and wet spring weather in most parts of the country has meant extra time to tend to calves to ensure they get a good start. It will […] Read more
Markets

The Markets

Feeder cattle volumes were larger through the first quarter of the year as many producers sold into the strong market

By
The fed-cattle cash market held near steady at record levels during the past four weeks. The current average fed-steer price in Alberta was $145.65/cwt, $31.79/cwt higher than the same week in 2013. Feedlots are up to date with their marketings, steer carcass weights are more than 30 pounds below year-ago levels and demand for the […] Read more
Prime cuts

Roller-coaster record ride

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It’s hard to tell which has been tougher this year in the U.S., to be a beef buyer or running a packing plant. For the first quarter of 2014 we saw the most volatile wholesale beef market since October 2003. Beef prices have been on a roller-coaster this year. They set new record highs at […] Read more

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