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Feature articles this week:

  • Beef Production Outlook - Total beef production (domestic and live slaughter exports) in 2020 is projected to be down 0.8% at 3.42 billion pounds (1.55 million tonnes), as larger carcass weights offset some of the decline in marketings. Assuming processing levels continue at normal levels through the end of the year, domestic production is projected to be down 1.5% to 2.86 billion pounds (1.3 million tonnes) and live slaughter ...
  • US Beef to Pork Ratio Goes Low - The hog cutout usually fluctuates between USD$60-80/cwt, with a history of big swings. Week ending October 23 had the hog cutout at USD$97/cwt. Demand for processing items was up with belly and ham primals leading the charge. Hams were up 35% from same week last year at USD$88.28/cwt. Bellies were up 47% from same week last year at USD$171.24/cwt. Supply is a touch constrained by tight labour ...

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Upcoming Release Dates

  • 11.20 - Nov 1, USDA Cattle on Feed
  • 11.13 - Nov 1, AB/SK Cattle on Feed

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