Canadian steer carcass weights have been record large this fall, reaching 973 lbs in late October, 24 lbs heavier than last year and 31 lbs heavier than the five-year average. This was 45 lbs heavier than the US average steer carcass weight. There have been several times in recent years that the Canadian market has gotten this much of a weight difference on the US market. In fact, most of the last four years has seen the Canadian market heavier on average...

Alberta D2 cows continued their fall price slide in November, down 13% from October, and have come off their summer highs, when prices peaked at $114/cwt in August. Alberta D2 prices are still 40% stronger than November 2021. From a historical perspective, cull cows typically soften throughout the second half of the year, before rebounding going into December...

It is challenging, but not unheard of, for all sectors of the supply chain to be profitable at the same time, as the output from one sector (e.g. feeder or fed cattle) are the inputs for the next. So that high prices received in one place, imply higher costs for another.