Improving consumer income is sustaining beef consumption levels even in the midst of all-time high beef prices.

Cattle markets expected strong through ‘til fall

Consumer spending appears to have an appetite for meats


Fed and feeder cattle markets across Canada continue to trade at historical highs on the heels of very strong beef demand. Alberta fed cattle prices continue to hover in the range of $200 to $202 per cwt; higher quality Charolais cross steers averaging 700 pounds are reaching above $300 across Western Canada. Improving consumer incomes […] Read more









calf

Higher feed costs to push calves down

I’ve received many inquiries from cattle producers regarding the barley outlook for the summer and fall. The cost-per-pound of gain is an important factor determining feeder cattle prices and there is generally an inverse relationship between feed grain prices and feeder cattle values. When feed grain prices increase, (as experienced during the U.S. Midwest drought […] Read more

(Canada Beef Inc. photo)

Klassen: Stronger demand lifts feeder cattle prices

Western Canada’s feeder cattle prices were quite volatile over the past week, experiencing various surges on firm momentum from seven days earlier. In southeastern Saskatchewan and Manitoba, calves under 650 pounds were averaging $5 to $8 above week-ago levels on solid U.S. buying interest. Calves under 400 lbs. were touching the $380-$390 levels in this […] Read more


Crude oil price has little impact on cattle market

Crude oil price has little impact on cattle market

A review of the numbers fails to show any correlation between the two

Over the past month, I’ve received many inquiries from cattle producers in regards to the relationship between crude oil prices and the cattle market in Western Canada. Cattle prices have remained near historical highs while crude oil values have dropped by nearly 60 per cent since the summer of 2014. Often we are confident that […] Read more

(USDA.gov via Flickr)

Aggressive herd expansion reverses shrinking U.S. cattle supply

Chicago | Reuters — Affordable feed and record-high spikes in cattle prices in 2014 encouraged U.S. ranchers to increase their herds at a faster pace than previously expected during the past year, analysts said in response to a government yearly cattle report on Friday. Expansion efforts by producers helped turnaround the seven-year decline in the […] Read more