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Fall feeder cattle outlook
Finishers, Market talk, Markets

Fall feeder cattle outlook

Market Talk with Jerry Klassen, from the April 2017 issue of Canadian Cattlemen

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Feeder cattle prices have been percolating higher since November 2016 and I’ve received many inquiries regarding the price outlook for the fall of 2017. The U.S. cattle herd is moving through an aggressive expansionary phase while the Canadian cattle inventory has remained relatively stagnant. The year-over-year increase in feeder cattle numbers south of the border […] Read more
Manitoba aims to increase its beef herd
Beef Cattle, News, News Roundup

Manitoba aims to increase its beef herd

Associations: News Roundup from the March 2017 issue of Canadian Cattlemen

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Manitoba Beef Producers (MBP) head into this year with hopes of expanding the provincial cow herd, preparations being made to deal with full traceability, and plans to lobby for fairness to producers as governments move forward with plans for a carbon tax. The association is also preparing for the introduction of the $2.50 per head […] Read more
(JBSsa.com)
Beef Cattle, Livestock, Reuters

JBS weighs suspending U.S. IPO

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Sao Paulo | Reuters — Brazil’s JBS SA, the world’s biggest meatpacking company, will decide in coming days whether to suspend listing its overseas operations after a corruption scandal, newspaper Folha de S. Paulo said Monday. A person involved in the deal told Reuters last week JBS had no intention of delaying the US$1 billion […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle drop on cautious feedlot demand

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Western Canadian feeder cattle markets traded $3 to as much as $8 below week-ago levels as feedlot managers anticipate growing beef supplies during the late spring and summer. Heavier weight categories absorbed the brunt of the selling pressure, with backgrounding operators liquidating fall-placed calves. Certain groups of higher-quality heifers held value with the purpose of […] Read more
cattleman on a horse
Beef Cattle, Cow-Calf, Features

A sampler of ranchers’ views on 2017

As might be expected, their plans range from expansion to standing pat and retirement

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Rebuilding and expanding herds, or staying about the same — that seems to be what western Canadian ranchers have in mind as they head into 2017. Despite a sharp downturn in the cattle markets in 2016, only one member of this Ranchers’ Panel was talking about downsizing, with retirement in mind. The 2016 fall market […] Read more
To veer away from producing beef that the consumer wants is the fastest way to lose even more.
Beef Cattle, Free Market Reflections

The attempted resurrection of a horrible idea

Free Market Reflections with Steve Dittmer

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As is often true with proposed regulation, it helps to consider the source in evaluating the origin, impetus and motivation. With the attempted resurrection of then GIPSA administrator J. Dudley Butler’s so-called “GIPSA Rule,” the cast of proponents is very similar to mCOOL, with which Canadians are all too familiar. R-CALF, the Organization for Competitive Markets […] Read more
cattle herd
Beef Watch, News

Beef Watch: Canadian cattle herd steady

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

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Sellers have lost leverage throughout the supply chain as larger protein supplies in North America are pressuring prices down. Lower cattle prices have resulted in serious red ink for feedlots and disappointing calf prices this fall. Cow-calf returns have dropped but remain above the 10-year average. For producers who have made major infrastructure investments over […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Prolonged negative margins weigh on feeder market

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Western Canadian feeder cattle prices traded $5-$10 lower last week, with certain auction barns experiencing a week-over-week decline of $15. After 15 months of devastating margins, feedlots have thrown in the towel. If one of the largest, most sophisticated and efficient feedlots shuts the doors, the smaller players are wondering what they’re doing in this […] Read more

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