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Canadian Net Beef Trade 2023

Canadian Net Beef Trade 2023

Canadian beef export volumes totaled 498,917 tonnes (product weight) in 2023, a modest 2.4% decline from 2022 but a significant 9.7% higher than the five-year average. Canadian beef import volumes totaled 186,557 tonnes, a significant 11.2% higher than 2022 and 9.8% higher than the five-year average.........

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USDA Cattle on Feed

USDA Cattle on Feed

USDA released its February 1st cattle on feed report for feedlots over 1,000 head bunk capacity this afternoon, and it should be viewed as moderately bullish further out and slightly negative in the near term....

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December Weather Update

December Weather Update

We have a lot of moving pieces contributing to the current El Niño event and its strength. Technically ocean surface conditions in the ENSO region (El Niño Southern Oscillation of the Central Tropical Pacific) are extremely warm, and through November this is the third strongest El Niño event in that regard since 1980. However, the atmosphere has not fully embraced this ocean condition and remains much weaker in terms of its El Niño strength...

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What's New?

  •   2.23 - Feb 1, USDA Cattle on Feed
  •   2.16 - Feb 1, AB/SK Cattle on Feed
  • 12.04 - Canadian Weather Outlook, Dec 2023

Chart of the Week

Chart of The Week

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