Cattle margins struggling amidst lower prices

Cattle margins struggling amidst lower prices

Market Update with Jerry Klassen

Western Canadian fed and feeder cattle prices have experienced severe volatility over the past month and it appears that this price behaviour will continue over the winter. While the market continues to factor in growing beef supplies, retail and restaurant demand remains uncertain. Alberta packers have been buying fed cattle in the range of $170 […] Read more

No bright lights ahead in beef market

Market Update with Jerry Klassen

The fed and feeder cattle market have many fundamental factors to digest over the next few months. Alberta packers were buying fed cattle near $169 in late October, which is down from the late spring highs of $204. Breakeven values on pen closeouts are in the range of $195 to $198 so in the best-case […] Read more


Feedlots looking at negative margins this fall

Feedlots looking at negative margins this fall

Market update with Jerry Klassen

Fed and feeder cattle prices have come under pressure over the past couple weeks as the market anticipates growing beef, pork and poultry supplies. The cattle complex is in a transition stage from contraction to expansion while pork and poultry have experienced production increases throughout 2015. The demand picture has also turned softer. Canada is […] Read more

Cattle market is a tough one to call

Cattle market is a tough one to call

Risk of increased 2016 production could throw a wrench into prices

This past spring, we saw the stars align with all major factors favouring higher beef and cattle prices. Moving into fall of 2015, the cattle market continues the transition phase with growing meat supplies along with softer consumer demand. Alberta packers were buying fed cattle at $182 in mid-August, which was down from the spring […] Read more