Nearly half of a beef carcass is consumed by consumers with average to above-average incomes.

How consumer spending drives fed cattle prices

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

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




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Klassen: Feeder market resumes the climb

For the week ending March 30, Western Canadian feeder cattle markets traded $4 to $6 higher on average. Fleshier backgrounded yearlings were relatively unchanged. Buyers were fairly cautious on backgrounded heifers with some packages actually softer than seven days earlier. Larger strings of quality genetic, low flesh steers were up $6 to as much as $10 in some cases. Weaned, premium, calves were up a solid $5 to $6 on average.






Cattle producers need to be aware, as we head toward 2025, that a small change in supply has a large influence on price.

Cattle herd declines while economy expands

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

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