Tag Archives Canfax
Canfax celebrates golden anniversary
Marketing: News Roundup from the September 2019 issue of Canadian Cattlemen
Canfax reached a major milestone this year, marking 50 years of analyzing markets and trends in the North American beef industry. Today Canfax is a division of the Canadian Cattlemen’s Association, served by a team of four livestock market specialists and two people in its research division. But, as Lee Hart writes, it started simply, […] Read more
Beef Watch: Canadian cattle herd steady
Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association
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
Western Feedlots is gone, what now?
News Roundup from the October 24, 2016 issue of Canadian Cattlemen
As our October 24 issue went to press, people across the industry were still trying to assess the impact of the surprise September 22 announcement that Western Feedlots Ltd. is mothballing its feeding operations. The company plans to feed out the remaining cattle at its High River and Mossleigh yards until sometime in early 2017. The […] Read more
Comment: Hold on!
Hold onto your hat, the roller-coaster that is today’s cattle market is still running downhill. When it hits bottom is everybody’s guess, but it won’t be for a while yet. In the meantime the red ink continues to pile up in feedlots, pulling feeder prices down just as the fall run opens for business. From […] Read more
Beef Watch: U.S. cattle herd expanding, Canadian herds stabilized
Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association
The U.S. herd is expanding, while the Canadian beef cattle herd has stabilized. Cattle prices have peaked and producers are now watching to see how far and how fast prices will drop with more pounds of protein available in North America. This will be largely determined by domestic and international demand, which were very strong […] Read more
Beef Watch: Canadian herd shows no growth
Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association
U.S. herd expansion in 2015 means more calves are available south of the border this fall. In contrast the Canadian herd continued to contract. As U.S. beef production rebounds in 2016, there is potential for beef and cattle prices to decline. Current prices are being supported by a lower exchange rate. Has Canada missed out on […] Read more
Consumers want sustainable beef, but defining that may be murky
CNS Canada –– McDonald’s plans on using sustainable beef by 2016, and intends on sourcing at least part of it from Canadian producers. The fast food giant’s latest step toward sustainability is to define what exactly that means. Defining sustainability is important, according to a beef brand officer, because in some cases it’s something consumers […] Read more
AgriClear… cattle marketing on your terms
AgriClear received an enthusiastic welcome from Canadian and American buyers and sellers after it was launched in mid-June, according to company president David Moss. “We’ve had registrations, live listings, and lots of positive response,” he said. AgriClear is a platform for marketing cattle to anyone anywhere in Canada and the U.S. any time via your […] Read more
TMX turning to cattle sales
Reuters — TMX Group, operator of Canada’s TSX stock exchange, hopes to rope a piece of the $90 billion North America cattle sector, and said Tuesday it would offer the continent’s first online sales platform of its kind. The expansion into a new business comes weeks after the TMX completed a six-month operations review, which […] Read more
Beef Watch: Canadian cattle inventories decline, U.S. herds expanding
Beef Watch is prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen's Association
While U.S. herd expansion is underway, the Canadian beef cattle herd remains in the consolidation phase. Cow-calf and feedlot profitability improved significantly in 2014 with record cattle prices, lower feed costs and strong beef demand, but risk factors such as weather conditions, input costs and competition from pork and poultry need to be closely watched […] Read more