Cull cow and bull prices have transitioned from strong to red hot over the last few weeks. The market is certainly calling for available cull animals to move to market. There are many factors on both the supply and demand side of the cull market that have been price supportive. Somewhat like the fed market… Read More
Category: Cattle
“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… Read More
I am hearing major frustration from some of the younger cow calf producers regarding the difficulty of trying to expand their cow herd in this crazy market. Prices for pairs has shot higher at the same time when banks may be less than eager to lend to the cattle industry. Add on top of that… Read More
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… Read More
Today’s Canfax COF report for May 1 exposes the current feedlot inventory situation. As of May 1, total numbers on feed were down 7% from last year, down 10% from 2010 and the smallest May 1 inventory other than 2008. Coincidentally, that was also a year that saw large exports of feeder cattle during the first 4 months… Read More
Do you eat as much meat as you used to? Many people in North America do say no, yet the the US still eats the second highest amount of meat per capita in the world according to the Economist. The average American consumers 276 pounds of meat per year while Personally I still love… Read More
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…. Read More
Cattle market conditions today saw the LC and FC pit futures trade limit down on the news of the 4th case of BSE in the US. Overnight trading (Tues night) has already seen some recovery off of those pit lows earlier today. Markets will be closely watching the communication of this BSE case to US… Read More
The Canadian Cattlemen’s Association’s Young Leaders program provides invaluable mentoring partnership opportunities for young entrepreneurs involved in the cattle industry. Ryan Beierbach is one of those young leaders that benefitted from the program. Ryan lives in Whitewood, Saskatchewan where he operates both a ranch and a ranch supply store as well as serves on the… Read More
Canfax released its Cattle on Feed Report this morning and for the first time since June of last year, cattle on feed in Saskatchewan and Alberta feedlots were reported lower than the previous year. Aggressive placements earlier last fall, a pick-up of feeder exports in the first quarter of this year, and the resulting higher… Read More
Every cowboy or cowgirl needs to make sure that they look good. Whether you are headed to church or on horseback on the ranch in East End, Saskatchewan, you need a cowboy hat that makes a statement about yourself. At NCBA 2012 in Nashville, my ranching friend Barry decided that he needed a new cowboy… Read More
Running a ranch can be tough work in the large open space of Western Canada. Animals get spread out, the landscape doesn’t allow you to get close to the animals always and labor is hard to come by. This is where the where the PNEU-DART System comes into play. Now the PNEU-DART does come with… Read More
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… Read More
There can be no underestimating the importance of a mentor in your life. Head knowledge is important, but the ability to apply that knowledge in the right way is something only life can teach you. Being able to walk with someone who’s been there can provide you with all of the benefits of that experience…. Read More
Depending on how many cattle you feed and what stage those cattle are at, the silage pit can be your second home during the day. It can also be a very dangerous place depending on how high that pile is. Typically if your pile is high, you end up creating a cliff when you dig… Read More