Beef Market Update, August 11: More cattle ahead, but how many?

It’s a tale of two different markets when you look at the Canadian cattle business versus what’s happening in the U.S. where feeders are anticipating a bigger calf crop this fall.

Western Canadian feeders are looking at the same kind of numbers in terms of supply as last year, notes Anne Wasko in this latest Beef Market Update.

“We know there’s more cattle coming, but as we came into the spring of 2017, clearly we learned we can get through more cattle when demand is there, and we’ve had great retail demand and export demand has been superb in 2017,” she notes.

Anne and Shaun discuss recent relative strength in the feeder market, how dryness has producers looking ahead to 2018, feed supplies in southern Alberta and more:

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