Reading Time: 5 minutes The Eastern Slopes are what many people picture when they think of Alberta — a sweeping landscape of grass and rolling hills giving way to forests and ridges framed by the majesty of the Rocky Mountains. But all that beauty masks serious issues, including the considerable strain on riparian areas. Key to the effort to […] Read more
Foothills ranchers share rules for water resiliency
Keep it simple: Riparian areas play an outsized role in vital watersheds, and caring for them isn’t complicated
CCA looks back on 90 years
Reading Time: < 1 minute The Canadian Cattle Association is celebrating its 90th anniversary with a series of videos. The initial video looks at how marketing at a new level has paid off. “We’ve become the second-largest high-quality, grain-fed beef producer in the world,” CCA executive vice-president Dennis Laycraft says in the video. “We went from producing bone-in product … […] Read more
Saskatchewan holds Crown grazing rents at last year’s levels
Also, leaseholders on drought-downgraded land eligible for rate cut
Cattle producers leasing Crown land for grazing in Saskatchewan won’t see a rate hike this year and may be eligible for a significant rate cut. The provincial government announced Wednesday it has frozen the rates charged to producers who lease Crown grazing land in 2023 at their 2022 level. The freeze will apply to all […] Read more
Backlog of fed cattle should soon be cleared, says analyst
There are still challenges, but the coming year is shaping up well so far
Reading Time: 2 minutes A backlog of fed cattle that has adversely affected feedlots should start to clear soon, says a livestock economist with Alberta’s agriculture department. Feedlots in Alberta and Saskatchewan had plenty of fed cattle supply at the end of 2022 and fed cattle basis levels were wide, said Ann Boyda. “Any further backlog is expected to […] Read more
Klassen: Feeder market’s upward trend continues
Manitoba, Saskatchewan see limited gains
Compared to last week, western Canadian feeder cattle markets traded $2-$3/cwt higher on average. Southern Alberta appeared to lead Western Canada. Prices in the Lethbridge area were up $8/cwt to as much as $15/cwt from week-ago levels. Major operations have liquidated a significant amount fed cattle and become more current with production. There was a […] Read more
Klassen: Feeder market price discovery continues
Ontario buying interest leading Prairie market
In last week’s issue, we mentioned there was a large discrepancy in prices across Western Canada. Compared to the third week of December, prices in Manitoba were up $8/cwt to as much as $15/cwt, while Alberta markets were steady to $2/cwt higher. This past week, feeder prices in the eastern Prairie regions were relatively unchanged […] Read more
Goodbye and good riddance — 2022 was not kind to cattle feeders
The COVID hangover, more cattle on feed, and lots of labour woes all contributed to a year to forget
Reading Time: 4 minutes The fed cattle sector couldn’t catch a break in 2022 and it wasn’t any one thing that created the problem. “This has been going on for sure since February/March,” said Jacob Bueckert, who operates Driland Feeders near Warner and is chair of the Alberta Cattle Feeders Association. “I don’t know if we ever fully caught […] Read more
Klassen: Feeder market looks upward
Quality of available cattle contributes to volatility
Western Canadian feeder cattle prices were quite variable. Compared to three weeks ago, Alberta prices were steady to $2/cwt higher while in Saskatchewan, prices were $8-$10/cwt higher on average with lighter-weight cattle jumping as much as $15. For example, in central Alberta, higher-quality 800-lb. steers were trading from $230 to $235 and 600-pounders were valued […] Read more
McDonald’s reported set to exit Kazakhstan on Russia war spillover
Reuters — McDonald’s Corp. is set to abandon Kazakhstan as disruptions triggered by the Ukraine crisis have left the nation without a substitute for Russian meat supplies, Bloomberg News reported Wednesday, citing people familiar with the matter. The fast-food giant, which exited Russia in May, banned its local franchisee from procuring meat patties from Russian […] Read more
Klassen: Feeder market to start 2023 on firm tone
Counter-seasonal behaviour expected
There were no market reports last week due to the holiday season; however, I still received a few calls from cattle producers regarding the feeder market outlook for the first quarter of 2023. The feeder market finished 2022 at 52-week highs. Steers averaging 500 lbs. were readily trading over the psychological $300 level while 900-lb. […] Read more
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