GFM Network News


Feeder cattle volumes are picking up and basis is seasonally strong heading into the fall run.

McMillin: Cattle on feed in Alberta, Sask., higher than year ago levels

The Markets with Deb McMillin, from the September 2019 issue of Canadian Cattlemen

Fed cattle To mid-August, Canadian fed cattle traded mostly steady, at an average on both sides of $146/cwt since the middle of July. The average steer the second week in August averaged $146.25/cwt which is $3.49/cwt higher than the same week in 2018. The third week of August didn’t see enough trade to establish a […] Read more

In the near term, calf prices on light volumes should remain steady.

McMillin: Domestic, global beef demand strong

The Markets with Deb McMillin, from the August 2019 issue of Canadian Cattlemen

Fed cattle It’s uncommon to see fed cattle prices pick up through the month of July. However, this has been the case in the last two weeks in Alberta. Beef demand both domestically and globally has been strong and sellers continue to be current in their front-end supply, which has created some leverage. The mid-July […] Read more


Feeder cattle futures moved sharply lower at the start of May.

McMillin: Cattle prices see sharp decline

The Markets with Deb McMillin, from the June 2019 issue of Canadian Cattlemen

Fed cattle Fed cattle prices have seen a sharp price decline over the past couple of weeks. Current fed steer prices are averaging $150.88/cwt, which is a decrease of $11.55/cwt over the past three weeks. Pressure in May is typical following the spring high in the fed market. While barbecue season is just getting started, […] Read more