beef

How tariffs could influence cattle prices

The Markets: A 10 per cent tariff on Canadian cattle could be absorbed by U.S. consumer prices

During the first couple weeks of January, auction markets in Western Canada experienced a surge in sales as cow-calf producers increased selling prior to the Trump inauguration. Feeder cattle markets have been trading at record highs, which may have contributed to the feeder cattle liquidation; however, most cattle producers were selling in anticipation of U.S. […] Read more


Spring projections are for continued lower placements in feedlots.

Tighter fed cattle supplies projected for second quarter

The Markets: The trend has been toward fewer cattle in feedlots across North America in late 2024

At the time of writing this article, April 2025 live cattle futures were trading just above $197, which was a fresh contract high. The market appears to be incorporating a risk premium due to uncertainty in beef production in both Canada and the U.S. This has provided Alberta feedlot operators opportunities to lock in favourable […] Read more

feedlot strathmore alberta

Feeder cattle prices should remain at historical highs in 2025

The Markets: Heifer retention is expected this year in both Canada and the U.S.

At the time of writing this article in the latter half of December, U.S. and Canadian feeder cattle prices were trading at or near historical highs. I’ve received many inquiries from cattle producers regarding the price outlook for feeder cattle in 2025. The benchmark for the western Canadian feeder market is central Alberta. During December […] Read more


cattle in alberta feedlot

Feeder market trades at or near historical highs

The Markets: Larger supplies by numbers and weight will mean more beef supply year over year

During the last week of October, Alberta packers were buying fed cattle on a dressed basis in the range of $403-$408 per hundredweight ($242-$245/cwt on a live basis). This was unchanged from a month earlier. Breakeven pen closeouts are in the range of $250-$255/cwt, so margins are in negative territory for the time being. The […] Read more

The number of cattle being grounded in Canada dropped in 2024.

Fed cattle market grinds lower

The Markets: Softer demand shows up as North American employment weakens

During the second week of September, Alberta packers were buying fed cattle on a dressed basis in the range of $406-$410/cwt, down from prices of $425-$428/cwt a month earlier. Beef demand appears to be softening as unemployment levels increase. In addition to weaker consumer spending, September and October are two months when beef demand typically […] Read more


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

Photo: Canada Beef Inc.

Klassen: Feeder cattle market stabilizes

For the week ending August 31, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. Finishing feedlots are exuding a cautious sentiment. While order buyers had a full deck, there were upside limits. Pen-sized strings of quality yearlings traded at a premium to average values. Alberta packers were buying fed cattle […] Read more