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Most indicators point to favourable market
Cattleman’s Corner, Finishers, Markets

Most indicators point to favourable market

Market Update: Numbers for the first quarter show good demand, strong prices

By
Alberta packers were buying fed cattle at $268 on dressed basis in mid-January, which is up $10 from last month. Fed cattle values on a live basis were quoted at $163 in Alberta and US$124 in the U.S. Southern Plains. The market appears to be percolating higher due to tighter than expected market ready supplies. […] Read more
A look at what’s ahead for the Canadian dollar
Cattleman’s Corner, Markets

A look at what’s ahead for the Canadian dollar

Market Update with Jerry Klassen: Expect a slower economy, more debt and likely more taxes

By
The Canadian dollar eroded by 7.8 per cent during 2018 with most of this deterioration coming in the fourth quarter. For cattle producers, this isn’t necessarily negative. Recent data shows that year-to-date feeder cattle exports for the week ending Dec. 8, 2018 were 191,863 head, up a whopping 66 per cent over the same period […] Read more
Beef demand in 2018 pushes more production
Cattleman’s Corner, Finishers, Markets

Beef demand in 2018 pushes more production

Market Update: Fed-cattle prices need to rally 
for feeders to be profitable

By
During the second week of December, Alberta packers were buying fed cattle in the range of $150 to $152, up from $2 to $4 from a month earlier. Market-ready supplies in Alberta and Saskatchewan are running above year-ago levels which has limited the upside in the fed cattle market. South of the border, U.S. fed-cattle […] Read more
Both Canada and U.S. calf crop numbers are estimated higher from last year.
Cattleman’s Corner, Finishers, Markets

Calf production numbers increase forecast

Market Update: Producers need to be ready with risk management plans

By
Alberta fed cattle prices have come under pressure over the past month. Alberta packers were buying fed cattle in the range of $147 to $149 during the second week of November, down $4 to $6 from a month earlier. Weakness in the fed cattle market has spilled over into the feeder complex. Western Canadian yearling […] Read more
Time to buy cattle price insurance
Cattleman’s Corner, Finishers, Markets

Time to buy cattle price insurance

Market Update: Cow-calf producers should sell their feeders with the lofty futures and historically strong basis

By
Alberta packers were buying fed cattle in the range of $151 to $153 on a live basis in mid-October, up approximately $10 from a month earlier. While Alberta prices have been percolating higher, fed cattle values in Kansas have hovered around US$111 on a live basis over the past four weeks. Market-ready supplies of fed […] Read more
cattle in a feedlot
Cattleman’s Corner, Cow-Calf, Markets

Price opportunity for calves and yearlings

Market Update: Strong consumer demand is using up beef supplies


By
The market outlook for fed and feeder cattle is looking brighter compared to a month ago. Beef demand is coming in larger than anticipated due to the corporate and personal tax cuts south of the border. Recent U.S. data shows that restaurant spending was up nearly 10 per cent over year-ago levels during the summer […] Read more
cow and calf on pasture
Cattleman’s Corner, Finishers, Markets

Cattle market looking strong in many respects

Market Update: Not a great fall to be thinking of backgrounding calves

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In early August, Alberta packers were buying fed cattle in the range of $244 to $247 on a dressed basis while live-basis prices were quoted in the range of $145 to $146. The market has traded in a sideways range throughout the summer and it appears that the seasonal lows may be in place. Beef demand is coming in higher than anticipated with the […] Read more
Cattleman’s Corner, Finishers, Markets

Yearlings gain on tighter supplies

Market Update: Feedlots counting on lower feed costs this fall

By
In late June, Alberta packers were buying fed cattle in the range of $243 to $245/hundredweight on a dressed basis and $143 to $145 on a live basis. The fed cattle market has dropped about $12 over the past month and will likely continue to grind lower into July and August. The U.S. and Canadian […] Read more
Low fed cattle prices and rising feed grain values are likely to keep yearling and calf markets under pressure.
Cattleman’s Corner, Cow-Calf, Markets

Feeder red ink will affect fall calf market

Market Update: Consumer spending to slow while beef production increases

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Alberta fed cattle prices were hovering in the range of $153 to $155 in mid-May as the market moved through a period of seasonal strong demand. U.S. cattle-on-feed inventories continue to run five to seven per cent above year-ago levels. Larger market-ready supplies have caused the U.S. weekly slaughter pace during May to average about […] Read more
Cattle market absorbing larger supplies
Beef Cattle, Cattleman’s Corner, Markets

Cattle market absorbing larger supplies

Market Update: Beef consumption increasing after early-spring snowstorms

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Alberta packers were buying fed cattle in the range of $263 to $265 per hundredweight on a dressed basis in late April while live sales were reported from $157 to $169. The market appears to have stabilized after a softer tone earlier in spring. Analysts are expecting second-quarter beef production to come in sharply higher […] Read more

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