
Tag Archives cattle markets

Canadian farmers plant less barley in 2025
Market Talk with Jerry Klassen
I’ve received many inquiries from cattle producers about the feed grain outlook for the 2025-26 crop year. Cow-calf producers have sold a record number of calves and yearlings for fall delivery. Feedlot operators are factoring in a fairly aggressive cost per pound gain in anticipation of larger feed grain supplies this fall. Following is a […] Read more

Where is the top of the fed cattle market?
Market Talk with Jerry Klassen
In late April, Alberta packers were buying fed cattle on a dressed basis at $486/cwt delivered, up about $30/cwt from a month earlier. Using a 60 per cent grading, live prices during the last week of April would equate to $292/cwt, up from the late March value of $274. In Kansas, live prices were quoted […] Read more

As recession risk rises in U.S., beef demand holds up
Prime Cuts with Steve Kay
The likelihood of a tariff-induced recession rises in the U.S. and worsening consumer sentiment jeopardizes what was expected to be a recovery year for food service and retail. So says Rabobank in its April Agribusiness Review. Trade disruption begins to weigh on pork values, leaving producers cautious, while milk production returns to growth while tariff […] Read more

Canadian beef genetics worth the miles for international buyers
Canadian cattle can thrive in both hot and cold climates, and breeders from around the world are taking note
Canadian cattle can thrive in both hot and cold climates, and breeders from around the world are taking note
Isaac Gomez has travelled the world looking for the best in cattle genetics. As a Black Angus breeder and mentor to other Black Angus and Hereford breeders in Mexico, he makes the trip to Regina every November for Canadian Western Agribition. It’s one of the top shows for showcasing Canadian cattle genetics, he said, second […] Read more
Total Canadian cattle, calf numbers shrink again
BeefWatch is prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattle Association
As the cattle herd shrinks, leverage has shifted from the retailer through the supply chain to the cow-calf sector. Heavier Canadian steer carcass weights supported fed production in 2024, offsetting smaller slaughter volumes. Fed and feeder cattle prices moved to record highs in the first quarter of 2025, building on momentum from the fourth quarter […] Read more

Klassen: Feeder cattle market jumps back to historical highs
For the week ending March 15, Western Canadian feeder cattle markets traded $8-$12 higher compared to seven days earlier. Prices fully recovered from the prior week with values quoted at or near historical highs. Finishing feedlots were aggressive across all weight categories due to strength in the nearby and deferred live cattle futures. Once again, […] Read more

U.S. cattle prices surged at start of 2025
Prime Cuts with Steve Kay
Live cattle prices in the U.S. continue to set new weekly records in what is one of the most remarkable price starts ever to a new year. Prices the first week of the year, based on a five-area steer, averaged US$198.93 per cwt live. They averaged US$202.58 per cwt the following week, US$203.67 per cwt […] Read more

Tariff threat clouds outlook for beef producers
Prime Cuts with Steve Kay
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

Questions surround 2024 cattle market
Market Talk with Jerry Klassen
Feeder and fed cattle traded at historical highs over the past year. I’ve received many calls and emails from cattle producers asking questions regarding the market fundamentals moving forward. Can producers expect prices to stay at higher levels or is the market vulnerable to downside potential? During August and September 2024, there were fears that […] Read more

U.S. facing crucial beef shortages
Prime Cuts with Steve Kay
The shrinking U.S. beef cow herd is raising more concern in the beef industry. Many observers wonder whether there will be enough cattle in the next two years to fill feedlots and beef processing plants and enough beef to satisfy consumer demand. There are no signs that producers have stopped sending more beef cows to […] Read more