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Feature articles this week:

  • Canadian Cattle Slaughter - Canadian cattle processing rates have been impressive this year. Year to date cattle slaughter has been 2,586,467 head, 10% higher than last year, 4% higher than 2019, and 11% higher than the five-year average. This is the largest year to date slaughter since 2006. This large slaughter has been the result of increased fed slaughter. Although non-fed slaughter this year is above last year's depressed levels, it is 10% below 2019 ...
  • USDA Cattle on Feed - The USDA released the October 1st cattle on feed report today and it will likely be viewed as somewhat bullish to the market next week. The main deviation is the fact that placements were reported 3% lower than last September while the pre-report estimates were for placements to be at least 1% larger than a year ago ...

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Upcoming Release Dates

  • 11.19 - Nov 1, USDA Cattle on Feed
  • 11.12 - Nov 1, AB/SK Cattle on Feed

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