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a close-up view of a black cow
Markets, Prime cuts

Tariff threat clouds outlook for beef producers

Prime Cuts with Steve Kay

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Cattle producers throughout North America have been holding their breath since President Donald Trump began his second term in office. They are hoping that he will not go ahead with his threat to impose 25 per cent tariffs on all goods from Canada and Mexico, an additional 10 per cent tariff on all Chinese imports […] Read more
Fewer cattle means that beef processors have lost money most weeks in 2024.
Markets, Prime cuts

Where are all the cattle?

Prime Cuts with Steve Kay

By
The question in the headline reflects the most pertinent issue facing the U.S. beef industry. That is because the U.S. cattle herd on January 1 had shrunk to its lowest level since 1951. A fifth year of herd liquidation meant the January 1 total for cattle and calves was 87.157 million head, down 1.9 per […] Read more
beef packages in a grocery store
Markets, Prime cuts

Beef demand stays unusually strong

Prime Cuts with Steve Kay

By
All wealth that flows to the U.S. beef industry comes from consumers at home and abroad. How much they are prepared to spend on beef largely determines whether packers, cattle feeders and producers make money or not. It is thus extremely important to monitor beef demand at retail and food service. Beef demand was strong […] Read more
Even though so far the bird flu virus outbreak has been limited to dairy cattle, columnist Steve Kay suspects the beef industry will have a slight influenza cloud over it for a while.
Markets, Prime cuts

Beef is safe from bird flu

Prime Cuts with Steve Kay

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Who would have thought that wild birds would roil the U.S. cattle markets? That’s what happened in late March after reports that the highly pathogenic avian influenza was detected in several dairy herds and had been introduced by wild birds. Any kind of animal-related disease sends tremors through the markets and raises concerns about everything […] Read more
Photo: Canada Beef
Beef Cattle, Livestock, News

Maritime beef producers get price protection

Two-year pilot gives Maritime producers an equivalent program to the rest of the country

By
Producers in New Brunswick and Prince Edward Island, and soon Nova Scotia, will have access to a program that will allow them to purchase insurance on price protection for their beef cattle in case of an unforeseen market disruption.
Photo: Canada Beef
Markets, Prime cuts

Rough quarter ends 2023

Prime Cuts with Steve Kay

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The U.S. beef industry will be hoping for a far better start to 2024 than what occurred in 2023’s fourth quarter. A month remained when I wrote this but the five weeks from the third week of October saw a $9.38 per cwt live decline in fed cattle prices and a $9.89 per cwt decline […] Read more
Grid sales now account for at least two-thirds of all sales reported to USDA by Kansas cattle feeders.
Markets, Prime cuts

Grid sales grow for beef cattle

Prime Cuts with Steve Kay

By
The U.S. beef industry for many years wrung its collective hands about the declining negotiated cash market for live cattle. Organizations such as the National Cattlemen’s Beef Association and its predecessor spent countless hours in public and private meetings trying to find ways to improve sales without interfering with the market. That they largely failed […] Read more
Market Intelligence Update from Canada Beef: U.S. imports of Canadian beef see continued growth
Beef Cattle, Global markets, Markets

Market Intelligence Update from Canada Beef: U.S. imports of Canadian beef see continued growth

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Sales of Canadian beef In August, U.S. imports of Canadian beef moved higher for the second consecutive month. August beef imports totalled 85.4 million pounds (38,755 tonnes) carcass weight, four per cent higher than August 2022 and three per cent higher than the five-year average for August. August is typically the peak month for Canadian […] Read more
Cowboy on Horse During Cattle Roundup
Comment

Comment: Fall run, beef demand and retail prices

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Fall sales were off to a strong start when I penned this column last month, with 300-lb. to 400-lb. steers fetching over $5 per pound in some cases. Deb McMillin noted record-high feeder prices in The Markets, with 550-lb. steers averaging $401.79. Where they’re at by the time you’re reading this remains to be seen […] Read more

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