silhouette of an oil rig

Low oil prices will definitely impact beef market

Fed cattle prices reached record highs in mid-December with Alberta packers purchasing steers in the range of $179 to $182, up nearly $10 from a month earlier. Market-ready supplies of fed cattle remain relatively tight while consumer demand has increased during the holiday season. Retailers have been selling beef in smaller packages in an effort […] Read more



cattle in a U.S. feedlot

Cattle fundamentals remain healthy

Fed cattle prices in Alberta continue to hover between $168 to $172 due to tighter market-ready supplies, steady consumer demand and a weaker Canadian dollar. Cattle on feed numbers continue to come in below year-ago levels in both Canada and the U.S. Cheaper feed grain prices have allowed feedlots to hold cattle and be patient […] Read more




Consumers balk at higher beef prices

Retail beef prices have surged higher since January, resulting in softer beef consumption. Average American at-home and away-from-home food expenditures were running four and three per cent, respectively, above year-ago levels earlier in 2014. But since March, at-home food spending is now below year-ago levels by two per cent while away-from-home food spending is down 8.4 […] Read more