By Dori Modney (@Dori_Modney on Twitter) with files from The Canadian Press and F-C-C

2018 offered generally strong cattle prices

Sep 10, 2018 | 2:44 PM

CALGARY —  Farm Credit Canada (FCC) says despite additional beef production, cattle and beef prices are holding up, and that domestic and international demand for beef continues to be strong.

F-C-C says feeder and calf prices through to August averaged steady to higher than last year, although fed cattle prices have been a bit lower.

As well, Alberta fed cattle and cull cow prices have been above the United States most of the year, and expanded their premium over Ontario.

This resulted in increased feeder cattle imports from the U-S into Alberta, despite Alberta having higher feed costs than the U-S.
 
According to the F-C-C, “Cow marketings have been over 10 per cent higher than last year, and given the lower feed stocks and higher feed prices, a higher culling rate through the fall is expected, and therefore a smaller herd and calf crop for 2019.”