A cow and calf in the late winter.

Comment: Managing market risk

We don’t know what 2022 has in store for us — hopefully rain at the right time and good cattle prices all through the fall. But hoping is not planning, and to plan, you need good information. So what should producers be watching in the markets as the year progresses? I asked Brian Perillat, senior […] Read more



New year sees large fed cattle supply in Canada

New year sees large fed cattle supply in Canada

The Markets with Deb McMillin, from the February 2022 issue of Canadian Cattlemen

Fed cattle Due to the drought-forced placement pattern last year, the market-ready fed cattle supply in Canada is larger than normal for the start of a new year. This, coupled with uncertainty in the cattle market due to labour disruptions in many industry sectors, has led to a back-log of front-end supply and a soft […] Read more

Both cattle feeders and packers have found Alternative Marketing Agreements advantageous to making money.

NCBA musters packer procurement data into framework

Free Market Reflections with Steve Dittmer

I’m sure you all up North have noticed the Great Counter-Intuincy we have down here in the States. Don’t look the term up. I just invented it. But whatever common sense would intuitively indicate, our presidential administration makes the counter move. If natural gas and propane and fertilizer prices are way too high, consider shutting […] Read more


File photo of a feedlot in the U.S. where cash prices have hit multi-year highs.

U.S. cash cattle market sees significant gains, Canadian market more subdued

The Markets with Deb McMillin, from the January 2022 issue of Canadian Cattlemen

Fed cattle The cash market in the U.S. has seen significant gains, with prices reaching highs not seen since 2015. However, in Canada, ample market-ready supply coupled with recent packing plant labour issues kept a lid on local prices and led to a wider than historically normal basis. A huge shift in basis took place […] Read more

High boxed beef prices in 2021 were the result of several factors.

Dittmer: Experts analyze American fed cattle marketing

Free Market Reflections with Steve Dittmer

Texas A&M University’s Agricultural and Food Policy Center co-ordinated and has published a 201-page study authored by 17 agricultural economists and market analysts from 10 different universities, plus support from the USDA chief economist. Entitled U.S. Beef Supply Chain: Issues and Challenges, the study was commissioned in August of 2020 by the U.S. House Agriculture […] Read more


Fed cattle supply outpaces demand, non-fed cow price lowest in a decade

Fed cattle supply outpaces demand, non-fed cow price lowest in a decade

The Markets with Deb McMillin, from the December 2021 issue of Canadian Cattlemen

Fed cattle Canadian supplies are outpacing demand. Even with more slaughter shifts, the fed market remained within a fall low trading range. Fall 2021 saw most trade fall within $155.61/cwt and $158.25/cwt. The mid-November average is $156.38/cwt for fed steers in Western Canada, $22.88/cwt above the same week in 2021. Higher input costs created negative […] Read more

Feeder cattle markets steady despite high feed grain prices

The Markets with Deb McMillin, from the October 18, 2021 issue of Canadian Cattlemen

Fed cattle Fed cattle prices have held a steady trading range over the past several weeks. The last full trading week in September saw the Alberta fed steer average $158.01/cwt, which was $24/cwt higher than the same week in 2020. This sideways trading pattern shifted the fed spot basis back to a premium position, $0.45/cwt […] Read more


Continued demand for beef keeps fed cattle prices steady

Continued demand for beef keeps fed cattle prices steady

The Markets with Deb McMillin, from the September 27, 2021 issue of Canadian Cattlemen

Fed cattle Aggressive local slaughter, continued beef demand and up-to-date marketing of front-end supply kept fed cattle prices steady to slightly higher through August and September. The first week of September leading into the Labour Day weekend saw an average fed steer price at $156.27/cwt, an increase of $1.88/cwt from the previous week and over […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Optimistic fed cattle outlook supports feeder market

Compared to last week, western Canadian feeder cattle markets traded $2-$4 higher. Strong demand was noted on yearlings, which spilt over into the lighter weight categories. Major feedlot operators in Alberta set the price structure, with aggressive orders flowing across the Prairies. Some operators have been holding back on purchases due to higher prices; however, […] Read more