As consumers run short of disposable income in 2024, it is expected there will be a reduced demand for beef.

USDA increases beef production forecasts

Market Update with Jerry Klassen: All factors suggest the winds of market change are beginning to blow

Alberta fed cattle prices during November were averaging $385/cwt on a dressed basis, down $5/cwt from 30 days earlier. Live prices f.o.b. feedlot in southern Alberta were quoted in the range of $228/cwt to $230/cwt, the lowest since May. The market has come under pressure as U.S. beef forecasts for the first half of 2024 […] Read more