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beef carcasses
Beef Cattle, Cattleman’s Corner, Columns, Markets

Beef demand made seasonal highs in July

The Markets: Cattle markets have started to grind lower, but the feeder market has held

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The beef market appears to have made a seasonal high during the first week of July. Wholesale choice beef prices reached up to US$329/cwt during the week ending July 6 before fading to US$319/cwt during the third week of July. Weaker wholesale values have resulted in lower U.S. fed cattle values. During the first week […] Read more
Photo: Canada Beef
Beef Cattle, Livestock, News

Maritime beef producers get price protection

Two-year pilot gives Maritime producers an equivalent program to the rest of the country

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Producers in New Brunswick and Prince Edward Island, and soon Nova Scotia, will have access to a program that will allow them to purchase insurance on price protection for their beef cattle in case of an unforeseen market disruption.
The beef cattle industry is bracing for a level of heifer retention this summer and fall that's expected to lower the feeder cattle supply.
Cattleman’s Corner, Markets

Lower feedlot placements support cattle market

Cow-calf producers should think about selling calves in late summer versus fall

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During the last week of April, Alberta packers were buying fed cattle on a live basis in the range of $256-$258 per hundredweight delivered, up $18/cwt from three weeks earlier. Alberta fed cattle basis levels have strengthened as market-ready supplies tighten. In Kansas and Texas, live sales, f.o.b. feedlot, were reported at US$182/cwt, down US$3/cwt […] Read more
A year-over-year decrease in Q1 feeder cattle placements in both Canada and the U.S. is expected to lead to tighter market-ready supplies during the summer.
Cattleman’s Corner, Columns, Markets

Expect stronger cattle markets for third quarter

A surprise reduction in beef production could mean higher prices

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During the second week of March, Alberta packers were buying fed cattle on a dressed basis in the range of $378-$380 per hundredweight (cwt) delivered. Prices f.o.b. (free on board) the feedlot in southern Alberta were quoted from $225 to $226/cwt. The market has been consolidating over the past month, as market-ready fed cattle supplies […] Read more
Nearly half of a beef carcass is consumed by consumers with average to above-average incomes.
Cattleman’s Corner, Columns, Markets

How consumer spending drives fed cattle prices

Here's why a small change in spending affects the beef market

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Cattle producers are bombarded with charts and data from cattle inventory reports and cattle on feed surveys. During the fall of 2023, live cattle futures and were trending lower. Every analyst I was reading was focused on how low supplies were from a historical perspective; however, fed cattle prices were on a downward spiral. It’s […] Read more
Kit Pharo says ranchers can increase their production per acre and their profitability.
Beef Cattle, Cattleman’s Corner

A key to cattle business survival

Produce more pounds of beef per acre versus more pounds per cow, this U.S. rancher says

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North America producers are receiving higher prices for cattle than ever before — “yet very few are really profitable,” Kit Pharo says. Most cow-calf producers “are too dependent on outside inputs, which are also at record-high costs,” says Pharo, who operates Pharo Cattle Company in Colorado and was the keynote speaker at the recent Holistic […] Read more
Cattle producers need to be aware, as we head toward 2025, that a small change in supply has a large influence on price.
Cattleman’s Corner, Columns, Markets

Cattle herd declines while economy expands

One per cent increase in consumer spending means one per cent increase in beef demand

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I often place myself two years in the future, with a view of the past two years. The old saying is that hindsight is 20/20. Well then, place yourself in the future and look backward. If I were giving a cattle market outlook in March 2026, the summary would be the following: During 2024, feeder […] Read more
The largest factor influencing beef demand is consumer spending.
Beef Cattle, Cattleman’s Corner, Markets

Consumer spending calls the shots on cattle prices

Market Update: History shows U.S. cow-calf producers need one year of historical high prices to trigger large-scale herd expansion

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U.S. and Canadian cattle prices have been trading near historical highs over the past couple of months. Feedlot margins have been hovering in positive territory throughout the summer. Demand for yearlings and calves has been unprecedented as finishing operators reload for another round of feeding. After consecutive years of financial struggles and drought, cattle producers […] Read more
Cattle prices encouraging herd expansion
Beef Cattle, Cattleman’s Corner, Markets

Cattle prices encouraging herd expansion

Market Update: Consumer spending on beef has been strong, but will it continue?

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During the third week of June, Alberta packers were buying fed cattle on a dressed basis at $415/cwt delivered. Prices f.o.b the feedlot in southern Alberta were averaging $246/cwt. The U.S cattle herd has been contracting for the past four years. Cattle prices are now functioning to encourage expansion. Wholesale beef prices are also trading […] Read more
The western Canadian feeder market has been trading near historical highs.
Beef Cattle, Cattleman’s Corner, Markets

Beef demand makes seasonal highs

Market Update with Jerry Klassen: Consumer spending may decline if interest rates continue to increase

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During the week ending March 18, Alberta packers were buying fed cattle on a live basis at an average price of $205/cwt delivered, up $9/cwt from mid-February. In the U.S., live cattle were trading in the range of US$164-US$165/cwt, up US$4/cwt from 30 days earlier. Beef demand typically makes a seasonal high in the latter […] Read more

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