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Feature articles this week:

  • Canadian Retail Meat Prices - Canadian retail beef prices have been relatively flat this year. Retail prices were below a year ago to start 2019, but since May prices have been above a year ago. Through to the end of October, retail prices have averaged 0.5% above last year.In May 2018, retail beef prices fell below the previous year, and prices continued to see year over year declines until May of this year...
  • Alberta and Saskatchewan Cattle on Feed - Canfax released its December 1st cattle on feed report this afternoon. These last two cattle on feed reports have not been overly bullish for the feedlot sector. Large placements for October and November pose some price and basis risk for the fed cattle market into the second half of 2020. December 1stcattle on feed inventories are 9% larger than last year and...

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