Real Agriculture
This friday is the release of the USDA Cattle on Feed report and the early consensus is that US feedyard placements will be confirmed tighter. As Anne discusses in the video, this is the scenario that many thought would play out last year but the drought proved otherwise. An interesting issue is that there is some [...]
This edition of the Beef Market Update is…….complicated. Let’s start with the things we expected. We knew those summer lows were coming and we knew that risk management would be extremely valuable to producers in this volatile market. We even expected a little bit of the unexpected, i.e. a recent case of BSE in California. [...]
In this episode of the Beef Market Update, we break down the latest U.S., Alberta and Saskatchewan Cattle on Feed reports. As far as the reports go, there are no big surprises with numbers up 3% in both. What do those aggressive placements mean for numbers come summer? What kind of lows can we expect [...]
One of the questions on every producers mind is, “How long can these prices continue?” Looking at the demand side, we don’t see any real indication beside the seasonal dips that regularly occur. On the skeptical side however, whenever we have an extended run like this we have a tendency to wait for the other [...]
If a person were to describe the overall mood of this year’s NCBA Conference, it would be descibed as price bullish and margin bearish. As we have mentioned before, it’s a cautious optimism for feeders and packers, which comes with a recognition of the volatility that producers have gone through and are also facing in the future. [...]
Volatility was the recurring theme in the cattle industry over 2011. The fact is that the mood created by that volatility has carried into 2012. Even with things looking up for producers, the violent swings of the 2011 market are tempering any optimism with caution. Those sentiments were apparent at this year’s Tiffin Conference as [...]
It’s Christmas on this episode of the Beef Market Update and this year we get Anne to give us her Christmas list. 2011 hasn’t been a perfect year. The Beef Market Christmas tree has a few bright ornaments and a few broken branches to mark the 2011 calendar year. The year finished with some bright [...]
Where will 2012 see the cattle market go? Who’s star will rise? there is potential for a great year for the cattle feeder depending on where the global economy will leave the Canadian Dollar and the demand for beef. That profitability could be tempered by rising feeder costs. The cow calf producer looks to be facing a great [...]
The major story on every beef industry radar was last weeks WTO ruling in favour of Canada with regard to the U.S. Country Of Origin Labelling legislation. The resulting effect on the market……meh. The fact is, the entire industry is awaiting the U.S. appeal and the looong drawn out process to begin again. It’s a [...]
Understanding the cattle market right now can be a real head-scratcher if you don’t know what to pay attention to. Trying to determine the factors influencing the wild market swings is like chasing the wind. There are a number of outside factors all exerting some kind of influence from unstable overseas markets to inside bids [...]
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