Daily Network News

More News →

Tag Archives beef prices

Data has shown that the farm share of the retail beef dollar dropped to 41 per cent in 2022.
News, News Roundup

Data shows retail share of beef dollar growing

By
High retail prices have made consumers question why beef is so expensive. A joint project between BetterCart Analytics and the Saskatchewan Stock Growers Association aims to provide some answers.  The project looked at pricing data in 39 different cities and a variety of different retailers within Canada. Melanie Morrison, CEO and founder of BetterCart Analytics, […] Read more
Beef demand weakens
Markets, Prime cuts

Beef demand weakens

Prime Cuts with Steve Kay

By
I have followed the U.S. and global beef markets for the past 35 years. But all those years didn’t stop me from being blindsided by a sudden and pronounced weakness in beef demand in the U.S. during September. Only a few weeks earlier, I had opined in this column and in my own newsletter that […] Read more
Canadian fed cattle supplies tighten, herd liquidation continues
Beef Cattle, Markets, News

Canadian fed cattle supplies tighten, herd liquidation continues

The Markets with Deb McMillin, from the September 26, 2023 issue of Canadian Cattlemen

By
Fed cattle The fed cattle market leading up to the Labour Day weekend saw some seasonal pressure. Demand softens towards summer’s end and typically longer-fed, heavier cattle are moving through the system. August ended with an average of $231.76/cwt, which is just six per cent behind the 2023 annual high. The last two weeks of […] Read more
Production uncertainty drives feed grain markets
Beef Cattle, Market talk, Markets

Production uncertainty drives feed grain markets

Market Talk with Jerry Klassen

By
Barley and corn prices have been extremely volatile over the past month. Large regions of Western Canada are experiencing drought-like conditions. At the same time, crop ratings for the U.S. corn crop reflect yield uncertainty in the Midwest. I’ve received many inquiries from feedlot operators and cow-calf producers regarding the price outlook for corn and […] Read more
Good demand for beef, particularly grilling cuts, continued through the second quarter of 2023.
Beef Cattle, Markets, News

Good demand for beef, though retail prices see slight decrease

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

By
Fed cattle In the 26 weeks of recorded sales in 2023, 23 of the weeks saw week-over-week improvements. The peak was the third week of June at $247.84/cwt, which was a $61.80/cwt improvement from the start of 2023 and 41 per cent higher than the same week in June 2022. The start of July saw […] Read more
The annual grilling season began in early May, which is the best beef demand period of the year.
Markets, Prime cuts

How will beef demand hold up?

Prime Cuts with Steve Kay

By
The entire beef chain, from ranch to retail and restaurant, depends on consumers to keep paying up for beef. But seldom do all links in the chain make money at the same time. Right now in the U.S., cow-calf operators, cattle feeders and packers are all making decent profits. But retail margins on beef have […] Read more
Higher interest rates to curb beef demand
Livestock, Market talk, Markets

Higher interest rates to curb beef demand

Market Talk with Jerry Klassen

By
Interest rates in Canada and the U.S. have been increasing over the past year as central banks work to bring down inflation. The Bank of Canada and the U.S. Federal Reserve started their policy of monetary tightening in March 2022. One year later, the U.S. Federal Reserve’s benchmark rate was at 5.0 per cent while […] Read more
Grafting an orphan calf onto another cow helps the calf on pasture.
Markets, Prime cuts

Moisture is key to success in the cattle business

Prime Cuts with Steve Kay

By
Cattle producers throughout North America know that sufficient moisture is critical for running their operations. Whether it be in the form of rain or snow, moisture allows grass to grow for grazing and for making hay. It allows crops to grow that feed cattle on the ranch or in the feedlot. It also allows ranchers […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Markets, News

Spring demand, strong wholesale drives fed cattle prices

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

By
Fed cattle The cash market in the U.S. rebounded following a drop in March in response to the mid-month financial turmoil. In Canada, the cash market was not negatively affected and steadily improved, posting new record highs. The first week of April saw the fed steer average in Alberta at $217.59/cwt, an improvement of $7.17/cwt […] Read more
While concerns about high food prices remain, there is reason to be optimistic about domestic beef consumption in 2023.
Markets, Prime cuts

Demand for beef is key in 2023

Prime Cuts with Steve Kay

By
U.S. consumers in 2023 can anticipate greater availability of pork, broiler meat and turkey but less beef. Demand for all proteins will largely depend on consumer concerns about inflation and whether the U.S. economy has moved into a recession. Beef demand at retail and food service is robust. Beef currently has an advantage over pork […] Read more

Canadian Cattlemen Presents: Depth of Field

Glacier Farmmedia Podcast

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Aug. 15, 2025

Sponsored By:
More Videos →

Latest Market News

More Market News →