Short-term gains, long-term pains

The market still needs to discourage beef production — and that hurts

Fed and feeder cattle prices have been percolating higher recently as the markets adjust to lower-than-expected first-quarter beef production. Alberta fed cattle prices have been hovering in the range of $162 to $165, which is approximately $25 above break-even pen closeout values. Healthy feedlot margins allowed feedlots to bid up feeder cattle prices. Larger-frame steers […] Read more

The 2017 market has flickering bright lights

The 2017 market has flickering bright lights

Lower retail prices help to fuel increased beef demand

The price outlook for fed and feeder cattle prices has improved over the past month. First, beef production during the first half of 2017 will be lower than earlier anticipated. Second, offshore North American beef demand has strengthened in Southeast Asia due to lower exports from Australia. Third, Canadian exports of fed cattle and beef […] Read more


(Dave Bedard photo)

Cargill profit jumps on meat demand, big U.S. crops

Reuters — Global commodities trader Cargill on Tuesday reported a sharply higher adjusted quarterly profit led by strong results from its beef and turkey businesses and robust demand for North American grain and oilseed crops. The privately held company said adjusted operating earnings jumped nearly 80 per cent in the second quarter ended Nov. 30 […] Read more

beef on a winter pasture

Important to maintain proper BCS

Cattleman's Corner: Cows looking good going into winter still need to be fed

Warm temperatures and lots of rain right into fall regenerated pastures producing plenty of nutritious grasses for cattle. Many gestating cows are going into the winter, healthy and in decent shape. By feeding them well-balanced overwintering diets, we can continue this momentum, so these beef cows can get through a typical cold winter and be […] Read more


Choose a good cut of beef such as tenderloin or flat iron steak (see recipe further down).

Well done, medium, rare or… raw?

Prairie Palate: Steak Carpaccio

My friend Joanne said she would not eat raw lamb, and that was fine with me. So while everyone else at the table made adventurous forays to try the lamb, she watched bemused. When they liked it, she looked puzzled. And when the bowl was almost empty, she finally picked up a piece of pita […] Read more

More thoughts on market options

More thoughts on market options

You may not need a price premium to see benefits of preconditioned calves

Market analyst Jerry Klassen in his recent column isn’t painting a very bright cattle price outlook picture heading into this winter and early into 2017. An oversupply of beef in the U.S. and Canada is holding prices down. And of course those pork guys continue to push more product out the door — a lot […] Read more


Producers hit with ‘sticker shock’

Market Update: Bottom of the market may be in sight in mid-2017

There was an old saying on the trading floor — “Up the mountain; down the mountain.” After extreme highs; traders need to prepare for extreme lows. Earlier in summer, I thought the cattle markets would start to stabilize and maybe turn around in October. However, I have to eat my words because as of mid-October, […] Read more



The Markets: Good thing consumers are eating

The Markets: Good thing consumers are eating

High beef and pork production continues to weigh on the market

Fed and feeder cattle prices continued to trend lower in August and early September as the market absorbs the year-over-year increase in beef production. Alberta packers were buying fed cattle in the range of $133 to $136 in late summer; values we haven’t seen since January of 2014. Feedlot margins continue to erode and the […] Read more

Lower meat prices attract consumers

It’s still going to be a slow fall for prices, although expected to pick up in 2017

Cattle prices appear to be stabilizing as the market absorbs the surge in third-quarter beef production. Alberta packers have been buying fed cattle in the range of $145 to $148 in August while prices in the U.S. Southern Plains have been hovering around US$120. Wholesale beef prices have also held value, enhancing margins for packers. […] Read more