With growing concern over the realities of a limited calf supply do to the aggressive culled cow rate in the past five years. Ranchers are optimistic in their economic future because of the barriers of re-entry and the inability for supply to increase in the near term. I discussed the cow calf supply issue with… Read More

It seems that a cowboy is judged by a couple different metrics.  He’s judged by the way he wears his cowboy hat, the brand of chew he carries, and the kind of boots he wears.  I really have none of those since I don’t wear a hat, don’t chew and never wear boots.  How would… Read More

I have now been to the NCBA twice and both were very interesting experiences. In 2010, the cattle industry was begging for different fortunes while in 2011 the meeting was lifted with significant bullsihness for cattle prices. I can remember meeting with Gregg Doud, NCBA Chief Economist at the 2010 meeting where I asked him,… Read More

It’s very interesting to listen to the people that attended the NCBA meeting during the height of the BSE outbreak.  They will tell you that as Canadian’s our presence at the NCBA was met with a tiny bit of friction.  Now the relationship is on much firmer footing and returning to the strength seen in… Read More

One of the highlights of the the NCBA convention every year is the cattle market outlook by CattleFax. As everyone left the session on Friday the consensus of the attendees was, “CattleFax is very bullish.” At the NCBA 2011 convention I had the opportunity to discuss the cattle market with Duane Lenz of CattleFax.  Duane… Read More

It is really hard to find analysts, feeders and ranchers that are bearish on this cattle market. The industry as a whole is pretty bullish in comparison to prior years and especially in comparison to two years ago.  Everyone is bullish prices in 2011 but are they bullish margins and if they are not, should… Read More

Managing risk is a major part of running any farm or livestock operation. Alberta recently tried to aid it’s provincial livestock producers by launching the Cattle Price Insurance Program (CPIP). Recently Ontario Provincial Ag-Critic, Mr. Ernie Hardeman, MPP, questioned why the Ontario government was stalling in implementing a similar program to ensure Ontario producer competitiveness…. Read More

The last seven years have not been kind to the income statement and balance sheet of the cattle feeder in Canada. With that has come a harsh reality for many small to mid €“sized feeders that were dealing at schedule one banks. Many on the schedule ones have decided to focus on the larger feeders… Read More

 

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