Insights and Stories on Beef

Nov. 12, 2024 at 10:33 am CST

The weaker Canadian dollar has enhanced the feeding margin structure on incoming replacement calves and this translated into stronger values on premium genetic packages. Finishing feedlot operators in Alberta and Ontario were fairly aggressive in Manitoba and Saskatchewan markets.

By Jerry Klassen

Nov. 5, 2024 at 9:56 am CST

For the week ending November 2, Western Canadian yearling and calf markets were relatively unchanged from seven days earlier. Strong demand continues to support the feeder complex at historical high prices.

By Jerry Klassen

Oct. 29, 2024 at 9:12 am CDT

For the week ending 26, Western Canadian calf markets were up $8-$12/cwt on average compared to seven days earlier. Pee-wee calves were up $20-$25/cwt compared to the prior week. Finishing feedlot operators were active buyers in all weight categories while backgrounders were cleaning up on smaller packages of calves under 550 pounds. 

By Jerry Klassen

Oct. 22, 2024 at 9:59 am CDT

For the week ending October 19, Western Canadian yearling markets traded $3 to $5 on either side of unchanged compared to seven days earlier. Calf prices were $5 to as much as $10 higher.  Strength in the deferred live cattle futures along with the weaker Canadian dollar has resulted in positive margins on incoming calves. Therefore, the calf market has developed a floor price.

By Jerry Klassen

Oct. 17, 2024 at 10:54 am CDT

A slump in U.S. beef production has opened the door for Australia to export record amounts of meat, growing its market share in North America and Asia and channelling billions of dollars to cattle processors and farmers.

By Peter Hobson, Reuters