Canfax

The staff of Canfax and Canfax Research Services wishes everyone a safe and enjoyable holiday season in 2024. We look forward to being your go-to source for market information and analysis in 2025. Check out some of our free reports this holiday season. https://lnkd.in/gqQtKA8D #cattlemarkets #CanfaxMarket

From January to October, Canadian feeder cattle exports to the US totaled just over 93,000 head, 16% smaller than last year and 27% smaller than the five-year average. YTD, Western Canadian feeder exports were down 18% from last year while eastern Canadian feeder exports were up 56%. Learn more at https://www.canfax.ca/ #cattlemarkets #CanfaxMarket

The Daily Cattle Report provides a summary of news, prices, indicators and trading activity in the beef industry. www.canfax.ca On the top tool bar, under Resources, click the Daily Cattle Report link. For more in-depth analysis, become a member. https://lnkd.in/gVw6rckQ

The December USDA World Agricultural Supply and Demand Estimates report projected corn production for 2024-25 to be steady with their November report. However, ethanol use (+50 million bu) and exports (+150 million bu) have been revised higher, decreasing ending stocks by 200 million bu. Learn more at https://www.canfax.ca/ #cattlemarkets #CanfaxMarket

With higher prices comes increased volatility! Awareness of breakevens is essential. Canfax has a breakeven calculator for both backgrounding and fed cattle. Fill in the required information and results are provided in seconds! Click here: https://lnkd.in/giChfXiA #cattlemarkets #CanfaxMarket

Alberta 550 lb steers rallied to $452/cwt in November and established a new all-time high. Ontario 550 lb steers also climbed in November, to $438/cwt and were within 2% of their all-time high set in August 2024. US 550 lb steers averaged C$421/cwt in November, 4% shy of their all-time high set in June 2024. Learn more at https://www.canfax.ca/ #cattlemarkets #CanfaxMarket

Are you looking for the perfect Christmas gift for the beef farmer in your family? Why not get them a Canfax subscription? Subscriptions start at only $175+tax. You’ll get our flagship Weekly Market Outlook and Analysis, Members Only privileges and more. https://lnkd.in/gVw6rckQ

Alberta hay prices moved counter seasonally lower in October, establishing an annual low. Hay averaged $224/ton, down 8% from October 2023, and was 14% higher than the five-year average and 43% higher than the 10-year average. Learn more at https://www.canfax.ca/ #cattlemarkets #CanfaxMarket

Canfax, is Canada’s source for cattle market information. Providing expert analysis of market trends in the North American beef industry for over fifty years. We are looking for a talented, self-motivated individual to participate in our 2025 Summer Intern Program. More information at https://lnkd.in/gYGiDB8C #CanfaxMarket

Canadian steer carcass weights averaged 965 lbs in October, 7 lbs heavier than last year and 13 lbs heavier than the five-year average. Western Canadian steer carcass weights were 4 lbs heavier than last year and 10 lbs heavier than the five-year average. Ontario steer carcass weights were 18 lbs heavier than last year and 26 lbs heavier than the five-year average. Learn more at https://www.canfax.ca/ #cattlemarkets #CanfaxMarket