
Tag Archives Meat industry

NAFTA talks cloud outlook
Prime Cuts with Steve Kay, from the January 2018 issue of Canadian Cattlemen
2017 turned out to be much better than expected for the U.S. red meat industry, and likely the Canadian industry as well. The U.S. industry last January faced a blockbuster protein year. Several equities and other analysts forecast doom and gloom for livestock prices and for profits for publicly traded companies. However, the exact opposite […] Read more

China dangles carrots at U.S. beef industry
Prime Cuts with Steve Kay from the December 2017 issue of Canadian Cattlemen
China is getting increasingly adept at dangling carrots to keep the U.S. at bay. Its latest carrot was to announce on November 9 that it had signed US$253 billion of business deals with U.S. companies. News reports quickly questioned whether the deals will turn into actual business. Buried in the massive total was news that […] Read more

Meat demand is the story of the decade
Prime Cuts with Steve Kay
Lest anyone in the North American livestock industry forget, all wealth to the industry comes from consumers at home and abroad. Cattle and hog producers might feel far removed from those consumers. But they are the people who determine whether producers can make a living or not. The industry to its credit has recognized this […] Read more

A salutory summer slide
Prime Cuts with Steve Kay
It sure was a salutary summer for U.S. cattle feeders who hadn’t hedged their cattle. Fed cattle prices plunged more than US$14 per cwt live from the third week of July to the end of August. Yet the market after that was still struggling to find a bottom. That’s certainly not how anyone expected the […] Read more

“If You Talk the Talk, You Gotta Walk the Walk”
Nutrition with John McKinnon
My August column focused on alternatives to current growth promoting technology. My general conclusion was that while there are alternatives on the market, they fail to achieve the same beneficial production responses as seen with implants, ionophores and prudent use of antibiotics. While I applaud and encourage continued research into new/alternative technology to promote production […] Read more

Fall prospects for feeder cattle
Market Talk with Jerry Klassen
Markets are understood looking backwards but must be traded looking forwards. — Larry Williams I’ve received many inquiries over the past couple of weeks in regards to the feeder cattle market. The recent price activity has surprised many producers and analysts, including myself. After a rather bearish outlook earlier in winter, the feeder cattle market […] Read more

The interrelationship in animal protein
Straight from the hip with Brenda Schoepp
Consumers around the world are making their needs very clear when it comes to animal protein. The Nielsen Global Health and Ingredient Sentiment Survey (2016) revealed what folks do not want in food. Surprisingly, the respondent results were consistently universal. Respondents were overwhelmingly concerned and did not want hormones or antibiotics in food in North […] Read more

Taking notice of the drivers in cattle markets
Prime Cuts with Steve Kay
When markets behave unexpectedly, it’s valuable to look back and see what the key drivers were to create such conditions. That’s just as true for cattle and beef markets as it is for financial markets. In the case of the first two in the U.S, aggressive feedlot marketings and better than expected beef demand at […] Read more

Feedlots bounce back in the West
Cattle Feeding: News Roundup from the May 2017 issue of Canadian Cattlemen
The feedlot sector in the West is growing again, according to the Canfax annual demographic survey of finishing feedlots in Alberta and Saskatchewan with a minimum one-time bunk capacity of 1,000 head. As of January 1, 2017, there were 158 feedlots of that size on the Canfax list, which translates to eight more finishing lots […] Read more

Salute the brave new owners
Prime Cuts with Steve Kay: From the April 2017 issue of Canadian Cattlemen
Entering the beef processing business is full of risk. Just ask those who have tried and failed over the past 25 years. So it’s worth saluting the owners of two new beef processing companies that have started operations at almost opposite ends of North America. I’m referring to Harmony Beef, which began operations February 27 […] Read more