Beef Market Update – Cautious Optimism Among Producers at the Saskatchewan Stock Growers Meeting

“The number one cure for high prices is high prices” That also was a pretty good reflection of the mood surrounding the Saskatchewan Stock Growers annual general meeting this week. 

There is  great optimism for the rancher heading into the fall run as I expect feeder cattle to have strong prices attached to them.  Whether those feeders end up in the US or Canada is a debatable question considering the impending doom for the Canadian feeding advantage as barley rises into a declining corn price. 

Having said that many ranchers are hesitant to get to optimistic and aggressive on herd building in case there is a correction to the cattle market in general.  Feedyards are placing cattle with a projected loss and money supply is getting tighter for the feedyard.  Remember that ranchers have to think inn longer increments than the rest of the industry.  Ranchers are thinking about how healthy this market will be in 3 years not just this fall. With the losses that have been sustained by ranchers over the past 8 years, the last thing ranchers want to do is purchase peak priced pairs or heifers instead of being more patient to expand the herd. 

Follow me on twitter

I hope that you enjoy this episode of the Beef Market Update from the Cypress Hills at the Saskatchewan Stock Growers Annual Meeting. 

If you cannot see the embedded video below click here.


Anne Dunford

President of Cattle Trends Inc., which consults for companies and individuals in the cattle business. Also a regular contributor on


Ontario Bans Coyote Trapping & Hunting in 40 Municipalities

The Ontario Ministry of Natural Resources and Forestry has announced a hunting and trapping ban on wolves and coyotes across 40 townships, effective immediately. Said to be a step towards protecting Ontario wolves, specifically the recently re-named Algonquin wolf, hunters and trappers will be banned from hunting or trapping wolves and coyotes in three additional districts: The…Read more »


Leave a Reply