Fed cattle supplies are not tight

Fed cattle supplies are not tight

Market Talk with Jerry Klassen

The April 2024 live cattle futures reached a contract high of $199.82/cwt on September 15. Since then, the cash and futures markets have been grinding lower and at the time of writing this article, the April live cattle contract was at $175.50/cwt. I’ve received many calls from feedlot operators inquiring about market direction for the […] Read more

With inflation having an impact on consumer spending, cattle markets will likely struggle to improve.

Fed cattle supply tightens

The Markets with Deb McMillin, from the January 2024 issue of Canadian Cattlemen

Fed cattle The fed cattle market has struggled since peaking in September. Lower fed cattle futures, lacklustre beef demand, increased beef imports and larger carcass weights contributed to lower prices in early December. The cash market was trading $8.74/cwt under the September high with a lift time of four to seven weeks. The fed cattle […] Read more


Photo: Canada Beef Inc.

Cattle prices turning lower

Market Talk with Jerry Klassen

I’ve been overwhelmed with calls over the past week as the recent issue of Canadian Cattlemen reached dinner tables and coffee shops. In the October issue, I hinted that the cattle market was turning over and would likely trend lower in the latter half of 2024. I always judge how successful my articles are by […] 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


Photo: Canadian Cattlemen file

Auction marts face changing industry

As the national cow herd shrinks, demographics shift and technology disrupts marketing, auction marts are figuring out how to adapt

As the national cow herd shrinks, demographics shift and technology disrupts marketing, auction marts are figuring out how to adapt

Western tradition is on display at the auction mart conference in Olds, Alta. People in cowboy hats and boots fill the conference room at the hotel. And the residents of Olds are very familiar with Western culture — even some of the town’s “welcome” signs depict bull riding. But as important as those traditions are, […] Read more

Production uncertainty drives feed grain markets

Production uncertainty drives feed grain markets

Market Talk with Jerry Klassen

Barley and corn prices have been extremely volatile over the past month. Large regions of Western Canada are experiencing drought-like conditions. At the same time, crop ratings for the U.S. corn crop reflect yield uncertainty in the Midwest. I’ve received many inquiries from feedlot operators and cow-calf producers regarding the price outlook for corn and […] 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

Good demand for beef, particularly grilling cuts, continued through the second quarter of 2023.

Good demand for beef, though retail prices see slight decrease

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

Fed cattle In the 26 weeks of recorded sales in 2023, 23 of the weeks saw week-over-week improvements. The peak was the third week of June at $247.84/cwt, which was a $61.80/cwt improvement from the start of 2023 and 41 per cent higher than the same week in June 2022. The start of July saw […] Read more


The annual grilling season began in early May, which is the best beef demand period of the year.

How will beef demand hold up?

Prime Cuts with Steve Kay

The entire beef chain, from ranch to retail and restaurant, depends on consumers to keep paying up for beef. But seldom do all links in the chain make money at the same time. Right now in the U.S., cow-calf operators, cattle feeders and packers are all making decent profits. But retail margins on beef have […] 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