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Fed cattle prices hit six-year highs
Beef Cattle, Markets, News

Fed cattle prices hit six-year highs

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

By
Fed cattle It is not very often we see annual highs set for fed cattle in August! Fed cattle prices have traded the typical sluggish summer market for a contra-seasonal strong market driven by manageable supplies, smaller carcass weights and solid beef demand. The mid-August fed steer cash price was $177.41/cwt — not only the […] Read more
As higher protein prices hit consumers in the first half of 2022, chicken had a price advantage over beef and pork.
Markets, Prime cuts

Chicken lords over beef with consumers

Prime Cuts with Steve Kay

By
Beef is still king of the meat case in U.S. grocery stores. But chicken wins hands down in per capita consumption and has done so for years. Beef is regarded as the meat treat and chicken the survival food for protein. Now that food inflation stalks grocery store aisles and talk is increasing about the […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Markets, News

Strong seasonal demand bodes well for cattle market

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

By
Fed cattle The fed cattle market held up through the summer, with recent weeks trading between $174.18/cwt and $175.32/cwt. Strong seasonal demand heading into barbeque season as well as restaurant and food service beef movement recovering to pre-pandemic levels have supported prices. At mid-July, the fed steer average in Western Canada was $175.06/cwt, an increase […] Read more
(Photo courtesy Canada Beef Inc.)
Markets, Prime cuts

Cattle prices will see big rise

Prime Cuts with Steve Kay

By
At time of writing, this year is only two months old and already 2022 is shaping up to be a much better year for North American cattle producers. Forecasts are for higher prices for all classes of cattle in Canada and the U.S., especially as the cattle/beef sectors in both countries shake off the impact […] Read more
(Photo courtesy Canada Beef Inc.)
Feed markets, Market talk, Markets

Fed cattle supply outlook

Market Talk with Jerry Klassen

By
I’ve received many inquiries from cow-calf producers and feedlot operators regarding the fed cattle outlook for the spring and summer time frame. The Alberta fed cattle market has been trading at a discount to prices in Nebraska and Kansas. It appears that there is a backlog of market-ready supplies similar to last year. The Western […] Read more
Photo: Canada Beef Inc.
Livestock, Markets

U.S. fed cattle market, live export demand seen strong

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

By
Fed cattle The start of 2022 saw larger numbers of market-ready fed cattle as drought-placed cattle were on feed earlier than typical. At the same time, packing plants faced staffing issues as the Omicron wave peaked. Prices struggled to see a typical start-of-the-year improvement. At the start of February, feedlots were in a more current […] Read more
Live cattle market rally belies ‘broken’ claims
Markets, Prime cuts

Live cattle market rally belies ‘broken’ claims

Prime Cuts with Steve Kay

By
U.S. lawmakers on both sides of the aisle clamored all last year for legislation to “fix the broken” live cattle market. Late in the year, some introduced measures that would upend the way in which the majority of live cattle are purchased by packers. They argued that the measures they proposed would put more money […] Read more
The smaller your operation, the more you need to learn and the more you need to spend on market analysis.
Livestock, Market talk, Markets

Does market analysis enhance your profitability?

Market Talk with Jerry Klassen

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I’ve received many calls from cattle producers over the past few months regarding the feed and forage markets. The drought resulted in lower western Canadian grain and oilseed production. Forage crops were also devastated in many regions. Cow-calf producers are struggling with historical high forage and hay prices. Feedlot operators are facing the highest feed […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Market talk, Markets

Feeder cattle market outlook

Market Talk with Jerry Klassen

By
I’ve received many inquiries from cow-calf producers and backgrounding operators regarding the price outlook for feeder cattle. Western Canadian yearling prices made fresh 52-week highs earlier in fall; however, calf prices have been rather sluggish. In many cases, Alberta calf markets have been trading $5 to $10 below year-ago levels. Cow-calf producers are asking when […] Read more

Canadian Cattlemen Presents: Depth of Field

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