(Photo courtesy Canada Beef Inc.)

Klassen: Western Canadian calf markets percolate higher

Strength in the deferred live cattle futures has spilt over into the feeder complex. Alberta and Saskatchewan placements in the lighter weight categories are down from year-ago levels which is resulting in stronger Alberta fed cattle basis levels for next spring.  These are the main factors influencing the calf markets in Western Canada.  












Fed cattle prices are expected to trend lower from October 2024 to December 2025.

Cattle market vulnerable to slower economic growth

The Markets: Watch consumer trends for indications of a beef price slowdown

Alberta packers were buying fed cattle on a dressed basis in the range of $425-$428/cwt delivered in mid-August. Live prices were quoted at $255/cwt (US$186), f.o.b. feedlot, in southern Alberta. The fed market has come off the summer highs as demand eases moving into the fall period. Monthly restaurant spending on both sides of the […] Read more