The recent meat recall at XL Foods is just another issue to provide adversity to the Canadian cattle industry.  With one of two Western Canadian packers being forced to deal with a meat recall the lift lines have pushed an already wide basis wider.   Additionally, the topic of a struggling pork industry has left… Read More

The US drought is capturing the attention of many people.  One of the groups that is majorly impacted by the drought but has been lost in this meteorological drama is the beef industry.  The US drought is playing a major role in the decision making of some beef producers and feedyards heading into the fall… 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

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

One of the questions on every producers mind is, “How long can these prices continue?” Looking at the demand side, we don’t see any real indication beside the seasonal dips that regularly occur. On the skeptical side however, whenever we have an extended run like this we have a tendency to wait for the other… Read More

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

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

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

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

 

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