Category: Beef Market Update

Beef Market Update – NCBA 2012 – The Rancher is in the Drivers Seat

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…. Read more »

Beef Market Update – Cattle Industry Sees Opportunity to Make Money in 2012

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… Read more »

Beef Market Update: Annes Christmas Wish List

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… Read more »

Beef Market Update – Will 2012 Be Great For the Rancher and the Cattle Feeder?

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… Read more »

Beef Market Update: WTO Rules in Favor of Canada on COOL

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… Read more »

Beef Market Update: Balancing Volatility & Strong Fundamentals

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… Read more »

Beef Market Update – U.S. Cattle on Feed Report Provides Insight Into the Hot Feeder Market

The USDA October Cattle on Feed Report came out late last week with one number in particular well above U.S. analysts estimates. The October 1st on-feed inventory was roughly a percent above estimates, re-establishing the impact the drought in key cattle producing parts of the U.S. is having on the regular flow of cattle. The… Read more »

Beef Market Update: AB & SK Cattle on Feed Report and Trade InBalance

The Alberta & Saskatchewan Cattle on Feed report came out last week and a number of over arching themes emerged. The small herd numbers are evident when we take a look at feed yard placement numbers and heifer retention. The strong calf prices seem to be driving that heifer retention as ranchers consider replentishing the… Read more »

Beef Market Update: October Brings Opportunity for Ranchers and Feedyards

Expect the unexpected is one of those phrases we’ve been trained to associate with something negative. In the reality of this global economic situation, that is understandable. Sometimes however, we get an unexpected silver lining type situation. The story surrounding our Canadian dollar and our cattle exports is one of those. A weaker dollar,(even if… Read more »

Beef Market Update: A Dropping CDN Dollar and Slumping Boxed Beef Sales

With the announcement of the TWIST package in the United States this week, the currency and commodity markets have been put into a volatile mess. I say mess, cattle feeders say relief. With the Canadian Dollar dropping below par for the first time since February, Canadian cattle feeders can now breath a sigh of relief… Read more »

Beef Market Update: The Hot Feeder Run Continues

The fall of 2011 may prove to be one of the most profitable seasons that the cow-calf producer has seen since the beginning of the last decade. Feeder cattle prices have begun the feeder run in Western Canada on a very hot step. Some will say though that the rancher needs a series of these… Read more »

Beef Market Update – The Roller Coaster of Confusion Continues

In the last two weeks the feeder price and fat cattle price has moved in a very violent down and up swing. Is it based on fundamentals? I am not an analyst but someone that tries to follow the cattle industry closely and I have no way to tell you whether this market is going… Read more »