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Canadian Dollar

$77.65
0.06
February 9, 2022 Issues & Insights

Rethinking the packing sector

Wow, have you looked at the price of a steak lately? Canadian retail beef prices are at the highest level in history, inflating over 20% a year. A good steak or roast can cost $25-50 in the store; can you believe it? That is for an unbranded commodity product sold from a largely undifferentiated commodity…

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January 20, 2022 Checking in with ABP

All for the Beef — Happy New Year and welcome to 2022

What a year we endured in 2021, but as the saying goes, “don’t look back you’re not going that way.” Of course, at ABP we do need to reflect upon our organization and industry experiences, learnings, and considerations from this past year, as that continues to be a foundation for the growth of our organization…

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December 4, 2021 Issues & Insights

Cargill workers vote in favour of new contract

Unionized workers at Cargill High River have accepted the company’s new offer, according to UFCW Local 401. Voting wrapped up on Saturday, with 71 percent in favour of the contract. “The contract is the best of its kind and presented unprecedented gains in this time of economic and political uncertainty and during the biggest health…

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December 1, 2021 Issues & Insights

Unionized employees prepare to vote on Cargill’s Nov 30 offer

Unionized employees at Cargill will begin voting on an updated offer proposed by Cargill on Thursday. The union representing those employees, UCFW, Local 401 says that while they won’t release the exhaustive outline of the offer, in their words it includes: As much as $4,200 in retroactive pay for many Cargill union members, A $1,000…

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November 29, 2021 Issues & Insights

Bargaining continues as latest Cargill offer voted down

According to United Food and Commercial Workers Union (UFCW), Local 401, Cargill union members voted down Cargill’s contract offer by a 98 percent margin this week. “Cargill workers have told their employer through another overwhelming vote that they matter and that they deserve something more,” said UFCW Local 401 President Thomas Hesse. “We will be…

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November 29, 2021 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of November 29, 2021

Last week the Canfax fed heifer price closed around $160/cwt, $5/cwt higher than the previous week. This is the highest fed prices have been since June. Last week dressed sales were reported at mostly $270/cwt delivered. With weaker basis levels many producers passed bids and a decent portion of last week’s cash offering will be…

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Top Stories

August 8, 2022 Current Markets & Forecasts

Canfax Weekly Article | Report for the week of August 8, 2022

August 5, 2022 Checking in with ABP

July Auction Market Update

August 2, 2022 Issues & Insights

What We're Reading | Optimism has returned with the rains for the cattle sector

Cattle Report

Updated: 09/08/2022

Steers

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Heifers

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Choice Steers

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Choice Heifers

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Boner Cows

Over 500 lbs: US$ 166.30

Canadian Dollar

$77.65   0.06

Livestock Price Insurance Index

Expiry Fed Feeder Calf
31-Oct 174 226 -
28-Nov 172 222 -
23-Jan 184 224 -
20-Feb 184 226 -
20-Mar 184 228 -
17-Apr 192 228 -
Last Updated on August 4, 2022