Market Intelligence Update from Canada Beef: U.S. imports of Canadian beef see continued growth

Market Intelligence Update from Canada Beef: U.S. imports of Canadian beef see continued growth

Sales of Canadian beef In August, U.S. imports of Canadian beef moved higher for the second consecutive month. August beef imports totalled 85.4 million pounds (38,755 tonnes) carcass weight, four per cent higher than August 2022 and three per cent higher than the five-year average for August. August is typically the peak month for Canadian […] Read more

Beef demand has been resilient to inflation for the most part, but recent weeks have seen a pullback as household expenses continue to increase.

Fed-cattle prices dip, beef demand sees pullback

The Markets with Deb McMillin, from the December 2023 issue of Canadian Cattlemen

Fed cattle  After months of mostly steady fed cattle prices, the market dipped in mid-November in response to negative packer margins, large volumes of contract cattle limiting cash trade and slower beef movement. The November 10 fed steer average at $230.89/cwt is 25 per cent or $47/cwt higher than the same week in 2022. When […] Read more


Fed cattle prices hold steady, beef production below year-ago levels

Fed cattle prices hold steady, beef production below year-ago levels

The Markets with Deb McMillin, from the November 2023 issue of Canadian Cattlemen

Fed cattle The fed price in Western Canada has held mostly steady as supplies have been ample but manageable with adequate fall demand. Slaughter capacity limited upside as additional cows took up some of the available hook space. Recently, the fed steer average has stayed between $390/cwt and $391/cwt.  The mid-October average is right at […] Read more

Beef demand is going to slow in 2024 as consumers rein in spending, Jerry Klassen predicts.

Is the economy at the peak of expansion?

Market Talk with Jerry Klassen

When I started writing for Canadian Cattlemen many years ago, I had the pleasure of talking to an old-time cattle feeder. He gave me some extraordinary wisdom. He stated if you want to be a successful analyst in the cattle market, you need to focus on economy and consumer spending.  Since the recession in 2020, […] Read more


Producers vaccinating calves before weaning.

The economics of preconditioning

Why aren’t more producers preconditioning calves? Kathy Larson dives into the research

Does preconditioning your calves pay? It has been a long-studied and debated topic. When it comes to preconditioning cattle, “every operation is different,” says Kathy Larson, research associate for the department of agricultural and resource economics at the University of Saskatchewan. Larson says there is opportunity for profit in preconditioning every year but it’s variable. […] Read more

Calves in the auction mart in the fall.

Auction mart report for week of Sept. 1, 2023

Regional market analysis from Manitoba and Saskatchewan, courtesy of the Livestock Markets Association of Canada members.

Southern Sask | Western Man. Southern Saskatchewan report, courtesy of Whitewood Livestock Light run this week. Expect it to be the third week of September before we see many calves. Demand across all classes. Had several light, fresh calves but quality wasn’t the greatest. Expect this market to remain strong. Will see some pressure as […] Read more


calf and cow

Fed cattle prices strong, parched pastures accelerates yearling run

The Markets with Deb McMillin, from the September 2023 issue of Canadian Cattlemen

Fed cattle Feedlot margins are positive while packer margins have started to struggle. As packers push back, carcass weights have grown, supplies have increased slightly and beef demand dipped lower during the extreme summer heat. All this has contributed to a seasonal reduction in fed cattle prices.. From the June price high of $247.84/cwt, prices […] Read more



(Geralyn Wichers photo)

Klassen: Feeder market consolidates at historical highs

Higher borrowing costs offset lower feed prices

For the week ending Saturday, western Canadian yearling steer prices were quoted $2-$4 higher; yearling heifers traded $2 higher to $5 lower. Calves were relatively unchanged although volumes were limited. Larger groups of quality genetics were well bid while second tier cattle were marginally discounted off the highs. Some ranches are liquidating yearlings about one […] Read more

Record fed cattle prices, feeder prices also seen strong

Record fed cattle prices, feeder prices also seen strong

The Markets with Deb McMillin, from the June 2023 issue of Canadian Cattlemen

Fed cattle Fed cattle prices continue to set new records in 2023. Significant increases in exports led to current marketing positions for feedlots sooner than expected. Supplies are tight and carcass weights have dropped which has packers looking to secure inventory and cut back on kill days. In mid-May the fed steer average in Alberta […] Read more