Concept american and Canada flag on cracked background

Tariffs threaten trade upheavals in North American beef industry

Prime Cuts with Steve Kay

The imposition of 25 per cent tariffs on Canadian and Mexican exports to the U.S., and retaliatory tariffs by the two countries, are likely to cause significant trade upheavals throughout North America until they are removed. The U.S., as previously announced, imposed its tariffs on March 3 after delaying its move for 30 days. The […] Read more


Photo: Canada Beef

Stronger demand and lower supplies boost price

Market Talk with Jerry Klassen

The December live cattle futures made a low of $173.50 on September 9. At the time of writing this article, the December contract was $189. During September and October, the live cattle futures rallied about $16. In the U.S., the four largest packing firms handle 85 per cent of all steer and heifer purchases. Apparently, […] Read more

The reduction in cow slaughter volumes since May suggests the Canadian beef cow herd is entering the consolidation phase of the cattle cycle.

Canadian beef cow inventory smaller, fed carcass weights heavier

BeefWatch is prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattle Association

The Canadian beef cow herd is showing signs of entering the consolidation phase of the cattle cycle. Beef cow inventories were smaller, but there were more beef breeding heifers on July 1. The U.S. cattle herd is estimated to have declined from last year. Feeder imports from Mexico and heavier carcass weights have supported U.S. […] Read more


‘Don’t pay for analysis that has no influence or minor influence on the cattle market.’ – Jerry Klassen

What is market analysis for the cattle producer?

Market Talk with Jerry Klassen

When I provide cattle or grain market outlooks for a producer group or specific organization, I start the presentation by asking how many of the attendees subscribe to some type of market analysis. It is no surprise that there is usually a handful of people who put up their hands. Often cattle producers will say […] Read more

Weakness in equity markets pulls cattle markets lower

Weakness in equity markets pulls cattle markets lower

Market Talk with Jerry Klassen

Live and feeder cattle futures dropped sharply in early August.  While the supply fundamentals for the cattle market hadn’t changed, the cattle futures started to incorporate a risk discount due to the uncertainty in demand. Consumer confidence appears to be decreasing and job growth has slowed. Restaurant spending made seasonal highs in June and recent […] Read more



Hamburgers On The Grill

Reality tempers optimism in U.S. beef industry

Prime Cuts with Steve Kay

Reality often tempers optimism in most parts of one’s life. When my newsletter’s website crashed in late January, I hoped a new one would be up and running in about two weeks. It took five weeks and more blood, sweat and tears than I had bargained for. This year began with much promise for the […] Read more


Canada, U.S. cattle inventories further decline

Canada, U.S. cattle inventories further decline

BeefWatch is prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattle Association

All eyes are on moisture conditions this spring, as a snow drought covered a large portion of the Canadian Prairies this winter. Some of the highest (nominal) feeder prices in history last fall were combined with heifers being sent into feedlots. Feeder prices moved higher this spring to make new record highs on lower feed […] Read more

Feed grain prices poised to strengthen

Feed grain prices poised to strengthen

Market Talk with Jerry Klassen

During the first week of January, Lethbridge area feedlots were buying feed barley in the range of $310-$320/tonne delivered. In central Alberta, operations were making purchases from $270/tonne to $310/tonne. The feed barley market came under pressure in December after the release of Statistics Canada’s November crop survey. Weaker corn prices have also contributed to […] Read more