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Wholesale Beef Shifts

Wholesale Beef Shifts

Year to date, the Choice cutout has averaged a $3/cwt premium to Select, the narrowest since 2011. The wholesale beef market is at a unique crossroads. Larger Choice and Prime grading compared to Select has kept the Choice-to-Select spread historically narrow through the first half of May...

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USDA Cattle on Feed

USDA Cattle on Feed

USDA released its May 1st cattle on feed report this afternoon and should be viewed as bearish, as feedlot placements came in above expectations. One could argue with the sharp pull back on the futures market late in the week, a lot of the bearish news has already been priced into the market...

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DOMESTIC MARKET REPORT | Q1 2026

DOMESTIC MARKET REPORT | Q1 2026

The Canadian cattle herd is turning toward expansion, while the U.S. herd continues to decline. This will allow Canadian cow-calf producers to take advantage of a strong market while investing in their herds. Canada’s headline inflation rate grew at its slowest rate in five years; however, food inflation accelerated in 2025...

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The Complete Source for National Cattle and Beef Fundamentals

Canfax, a division of the Canadian Cattle Association, has been providing expert analysis of markets and trends in the ever-changing North American beef industry for over 50 years.

At Canfax, we deliver timely, accurate information for 21st Century cattle industry professionals.

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