Beef Market Update: Prices Drop Below Year-Ago Levels, With One Exception

by

Opinion

The beef price cycle certainly appears to have peaked, as Canadian cattle prices have dropped below year-ago levels in the last few weeks. Anne Wasko of Gateway Livestock and RealAg’s Shaun Haney try to look through the fog of what’s happening in the beef market, with dropping prices and increasing protein supplies across North America, in this new Beef Market Update. As Anne notes, there’s only one exception in the entire beef supply chain where prices haven’t dropped lower than where they were last year: the grocery store. Despite falling cattle values, October figures released by Statistics Canada this week showed…

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