
Tag Archives cattle markets

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

Klassen: Weather factors influence calf prices
Compared to last week, western Canadian yearling markets traded $4 lower to as much as $5 higher. Mid-weight feeder cattle traded relatively unchanged with strong demand noted on steers. Steer calves were firm, trading $2-$5 higher while heifer calves traded $4-$5 on either side of unchanged. The market was hard to define for calves and […] Read more

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

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

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

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
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
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

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