Canfax

Moisture conditions in Alberta have improved significantly over the past couple of weeks, thanks widespread, soaking rains. As of June 9th, around 70% of pasture growth is rated good to excellent. Tame hay growth conditions have also improved.

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📰 Understanding Today’s Bull Buyers:
Standing ringside at a bull sale or flipping through a catalogue with a neighbour reveals that there’s more than one way to pick a bull. Some buyers focus on the numbers. Others trust what they see. Most take a mix of both.…

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How Long Can It Last?:
As prices have stayed strong, we start to ask: How long can it last? What will it take to turn the market lower? The US cattle cycle is one of the most reliable agricultural commodity cycles. Driven by the biological lag of the long supply chain to respond to price signals for more beef: from retaining, breeding, calving and feeding…

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The July corn contract closed Friday at US$4.12/bushel, its lowest point in over a year. From its most recent high mid-May, the July contract has dropped US$0.64/bushel.

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❓ When you sell your calves at weaning, are you leaving profit on the table?

Retained ownership, backgrounding your own calves—is a major decision. While there is potential for higher revenue, it introduces costs, risk, and cash flow considerations.

💡 Sneak Peek:
✔ Risk vs. Reward Quantified: Retained ownership shifts your risk profile—from being a pure price taker at weaning to managing performance risk (health, feed conversion) and market timing risk over a longer period.
✔ The Infrastructure & Capital Question: Do you have the facilities, feed resources, and working capital to carry the added costs? What are the necessary investments and their impact on the overall profitability equation.
✔ The Critical Breakeven Calculation: How much additional gain must you achieve, at what cost, to outperform selling at weaning? This highlights the sensitive relationship between feed efficiency, cost of gain, and market price slides.

🧠 Does your operation have the management, margins, and mindset to capture the next stage of value?

This isn't a simple "yes or no" question. It's a strategic decision to determine if your operation's strengths align with the demands of retained ownership and how to structure it, to mitigate the risks involved.

📄 View the full report 24-13_Retained Ownership:https://canfax.ca/uploads/Analysis/CRS-Fact-Sheets/24-13_Retained_Ownership_JB_edits.pdf

The Canadian retail beef demand index (2000=100) which measures consumers’ willingness to pay, is at its strongest point since 1982. Beef demand has recovered from the decline seen through most of the 1980s and 1990s.

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Canadian Cull Cow Update:
Cow-calf producers continue to keep cows to stabilize the herd. YTD marketings (slaughter + export) have been smaller than last year in both the West and the East. Tight numbers have been price supportive…

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First quarter 2026 US beef exports were down 18% from 2025 as suppliers prioritized the domestic market. Exports were smaller to each of the top three trading partners. Japan (-17%) saw the largest decrease. South Korea was down 7% with Mexico down 8%.

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📢Canadian beef cattle producers: Canfax wants your perspective. Take 15 minutes to complete 14 questions and help modernize market information for the next two years. Deadline July 31st.

Click 📰Survey👉: https://www.surveymonkey.com/r/9XWPW8Z

Statistics Canada released 2024 and 2025 consumption data last week. Total per capita red meat and poultry consumption was up 3% from 2024. Per capita beef consumption was up 3.4%, pork consumption was flat, and total poultry consumption was up 4%.

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