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Feature articles this week:

  • Trade Update - Canadian beef continued to see strong demand in the global market. In the first five months of 2019, beef exports were up 19% (or 27,872 tonnes) in volume and 31% (or $312 million) in value to 178,197 tonnes valued at $1.3 billion. During the same period, domestic beef production was up 9% (or 40,121 tonnes). Sixty-nine per cent of the increased production was absorbed by the growth in exports...
  • Alberta and Saskatchewan Cattle on Feed - Canfax released its July 1st cattle on feed report today, marking the fourteenth consecutive month that on feed inventories have been above last year. As of July 1st there are 61,000 head more cattle on feed than last year and 110,000 head more than 2017. This is the largest July 1st on feed inventory since 2001. Survey fed cattle marketings totaled 133,425 head, 6% lower than last year...

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Upcoming Release Dates

  • 07.19 - Jul 1, USDA Cattle on Feed
  • 07.19 - Jul 1, USDA Cattle Inventory

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