With the immense drop in fat cash cattle being sold on a weekly basis the reporting of sale data has changed. A high majority of fat cattle in Canada are being sold through forward contracting or formula (grid systems). Canfax is responsible to collect data from willing producers and report back information to the industry… Read More
Tag: CanFax
Cattle producers all along the supply chain now have access to a new, free market prices app based on historical Canfax data. Using Canadian pricing and continually updating with new pricing information, the CanFax CFX Pro mobile app is applicable and useful for all Canadian cattle producers, says Brian Perillat, with Canfax. Developed with industry… Read More
While the fundamentals seem to hint at conditions being right for the Canadian cow herd to begin an expansion phase, it’s not happening. Cull rates of about 10% would signal ranchers building their herds; 2013 numbers will end up somewhere about 15%, a number more synonymous with liquidation than expansion. According to Brian Perillat, senior… Read More
On November 26 and 27 Canfax will be hosting its second annual Canfax Market Forum at the Deerfoot Inn and Casino in Calgary Alberta. I had a chance to talk to Canfax Market Analyst Brian Perillat about the conference and specifically about some of the headlining speakers. Whether its COOL, currency and cattle markets or… Read More
To say it was a tough winter is perhaps an understatement. High feed costs, cold weather and the dollar at par or better weighed on the cattle market well into the spring. Add the misery of more stringent COOL requirements, and there have been some grumpy faces in the cattle market these days. Brian Perillat,… Read More
Food safety in the beef industry was a topic that was front and centre at this years Canfax Cattle Market Forum. Producers and industry members were left questioning just how far the impact of the recall would reach and how long the hangover would last. As we found out when we sat down with Brian… Read More
The 2012 fall feeder run seems to be moving at a very slow pace. Last weeks Canfax Cattle on Feed report would definitely confirm that. All things considered, the slow feeder run may be a blessing in disguise as many of the cattle liners are busy shipping cattle south due to the XL Foods closure… Read More
The cattle industry is facing some big challenges. Feed prices, exchange rates, beef recalls and a stalled cow herd size are pressuring the industry. We must not forget how good this industry has been to many and that volatility leads to opportunity for those that have foresight. On November 13 and 14th, Canfax will be… Read More
If you work on a ranch or feedyard, you know that you are constantly on the move. Whether its checking pens or pulling calves, the days can be long and hectic. Having said that, you need to still stay on top of the cattle markets and ensure you are making the right marketing decisions… Read More
As the US corn crop shrinks with the effects of the drought, it continues to lower Canadian calf and feeder price prospects. Although the rapid increase in grain prices have had the most dramatic impact on the cattle markets, there have been several factors that have been chipping away at Canadian prices the past few… Read More