Table of contents
- 2023 Harvest Sample Program
- Apply for a cash advance under the Advance Payments Program
- Apply now for an Agricultural Society Innovation Award
- Artificial intelligence, the food sector and the consumer
- Cattle on feed reports show tighter supplies
- Cow inventories – Are we still liquidating
- Feed barley prices are moderating
- Feeder cattle prices are strong
- Forage sources
- Improving on-farm irrigation systems
- Lamb market trends
- Perseverance in the pork sector
- Pet ownership and pet food trends
- Rebuilding Alberta’s cattle herd
- The value of straw
- U.S. hog contraction still ahead
- What to do when crop prices are volatile
- CropChoices updated for 2022
- Agri-News – Newsletter archive
- Elm pruning ban starts April 1
- Nominations open for Agriculture Hall of Fame 2022
- 2022 Crop considerations
- AgriProfit$ cow/calf benchmark report
- Register for Open Farm Days 2022
- Cropping Alternatives 2022 now available
- Preventing wildfires is always in season
- Canadian crop movement
- Certified seed costs
- 2021 Agricultural Society Innovation Award recipients
- Ocean shipping rates – what do they mean for Canadian exporters
- Participate in Halal Expo Canada
- Caution when winter burning
- Understanding canola basis
- Nitrogen prices and exports
- Take part in the SIAL Canada trade mission
- Consider the right time for manure or compost application
- High crop prices vs low 2021 crop yields
- The gift of an Alberta Christmas tree
- Great gifts for commercial producers
- Stocking stuffers for livestock producers
- Invitation to dairy farmers
- Apply for an Agricultural Society Innovation Award
- Growing gifts for gardening enthusiasts
- Canadian crop usage
- Cattle prices and above-average sales
- Alberta Open Farm Days a big success
- Better safe than sorry with winter burning
- Natural gas prices
- Consider the right source of manure or compost for field application
- Stored canola is well worth protecting
- Dealing with food loss and waste
- Live cattle imports and cattle slaughter both higher
- COVID-19 and demand for e-commerce
- Sugar beets are important to Alberta’s economy
- The canola market – sell, replace or hold
- Canadian Agricultural Partnership Farm Technology program
- Canadian Agricultural Partnership Water program
- Diagnosing pesky forest pests
- Field selection for fall manure or compost application
- Alberta lamb prices continue to be strong
- Harvest Sample Program
- 2021 Alberta nitrogen prices
- Prevent lead poisoning on pastures
- Be in the know this wildfire season
- A canola pricing option to consider
- Sign up now for the 2022 Dairy Cost Study
- Richardson’s Ground Squirrel control
- FireSmart your spring cleaning – Around your home
- COVID-19 and meat price trends
- Alberta rat control - taking care of business
- Forward pricing wheat
- FireSmart your spring cleaning – Around your property
- Crop Reporting Program
- Alberta approved farmers' markets now open
- Albertans can do their part to prevent wildfires
- Minimal canola carryover
- Hard work pays off for Sherwood Park-based company
- May gardening possibilities based on frost probabilities
- Cattle on feed inventories
- Using the Alberta Climate Information Service Fusarium Risk Tool
- The Canadian dollar and commodity prices
- Okotoks-based company wins gold at SIAL’s Innovation competition
- Dangers of blue-green algae
- Help protect Alberta’s beautiful elm trees
- Weather and weather data at your fingertips
- Fed cattle prices holding strong
- Fireworks and exploding targets can cause wildfires
- Put option basics
- Risk to bighorn sheep and mountain goat populations
- Lamb and sheep market update
- Interactive export catalogue launched
- Global appetite for pork
- COVID-19 and foodservice trends
- Video Ante-Mortem Inspection program
- Crop prices have fallen - back to marketing basics
- 2022 Alberta canola seed costs
- Register for Getting Into Food Service
- Sheep industry fares well despite challenges
- Canadian canola crop prospects
- Register for Vendor 101 training
- Learn about the legalities of the food co-packing industry
- Bunnies and biosecurity – What you can do
- Canola crop options – Sell, replace or store
- Optimism for fall calf prices
- Smaller cow herd seems likely
- Determine the right rate for manure or compost application
- Agricultural Society Innovation Award accepting applications
- Get an assessment of your grain’s quality
- AgriProfits supports the Canadian Cow-Calf Cost of Production Network
- Alberta and U.S. cattle price spreads
- Advance Payments Program
- Change in AOPA Livestock Type Calculator
- Consider short-term in-field manure storage
- Uncertainties in the lamb market
- Keep safe burning practices top of mind
- The Pacific Northwest – A priority export market for Alberta companies
- Learn about exporting to the U.S. Midwest
- Growing opportunities for health products in the Mexican market
- Canadian crop deliveries and exports
- AgriProfits – Dairy Cost Study program
- Accessing free market intelligence
- Alberta hay prices
- Improve returns from culled cows
- Understanding the basis for crops
- 2022 Cattle market review
- Getting more Alberta products on the shelf
- Communication - A key to any successful business
- Register for the Farm to Market to Table Conference
- Check those bins
- Winter manure management considerations
- Recognizing innovative agricultural societies
- Cattle by the numbers
- Canola price seasonality
- Jack Lewis inducted into the Agriculture Hall of Fame
- Tracking environmentally sustainable agriculture in Alberta
- Bruce Beattie inducted into Agriculture Hall of Fame
- COVID-19 and healthy food trends
- Simone Demers-Collins inducted into Agriculture Hall of Fame
- 2022 Alberta lamb and sheep market update
- Assess manure storage and wintering site locations
- Register for Open Farm Days 2023
- Cropping Alternatives 2023 now available
- La Nina boosts Australian crop production
- Hog market update
- COVID-19 and vitamins and supplements
- Guidelines add clarity when investigating sites for manure facilities
- Strong Canadian crop movement to date
- Keep your Premises Identification account up to date
- CropChoice$ updated for 2023
- U.S. Choice-Select boxed beef price spread
- Trends that will shape the grocery industry in 2023
- How to use CropChoice$
- Retail and foodservice sales slowly returning to pre-pandemic normal
- Why bighorn sheep and domestic sheep or goats should not mix
- 2023 Crop Reporting program
- Canadian canola market
- 2023 Alberta approved farmers' markets now open
- Dangers of blue-green algae when temperatures rise
- Can Canada see beef herd expansion in 2023?
- Canola usage remains strong
- Lamb and sheep market remains resilient
- Benefits of installing shallow buried pasture water pipelines
- Oat price outlook improves
See event listings and more articles in this edition of Agri-News: September 26, 2022 issue
“Although there are some concerns of increasing costs and dry pasture, there is reason to be optimistic about fall calf prices,” says Ann Boyda, livestock economist with the Alberta government. “Calf and feeder prices showed strong performance this summer, with calf prices ending the second week of September at the highest pricing in recent history, but not reaching the record highs experienced in 2015.”
Typically, the fourth quarter sees feeder prices seasonally decline with the increased supply of weaned calves. Boyda says it is safe to presume that this decline will be smaller this year. Other factors that come into play in pricing include the prospect of better grain crops this year, strong beef export demand, smaller U.S. and Canadian cattle herds and strong cattle futures.
“New-crop barley is being delivered to Alberta feedlots and replacing some of the U.S. corn. Decline in barley price through summer has recently stabilized but demand for new-crop may see a slow rise.”
As of July 1, 2022, Statistics Canada reports western Canadian cattle inventories being down 3.2% to 9.5 million head. Increases were reported in Alberta (up 1.4%); however, the increase in Alberta was expected to be greater given the drought in 2021. Breeding heifers declined across the Western provinces with Alberta reporting a decline of 9.4%. Boyda notes there are no signs of herd expansion in the U.S. either.
“Futures support a strong finish to 2022. We look to futures contract prices as an indicator of what the market thinks cattle will be worth at a specific future time. The Chicago Mercantile Exchange live and feeder cattle futures ended higher on September 2, 2022 for upcoming contracts expiring in October and December.”
The supply side is supportive of strong prices and the beef markets on the demand side have shown resilience to changes in economic conditions. For the first half of 2022, Alberta live cattle and beef (Fresh, Frozen or Chilled, incl. Offal) exports increased by 40.2% and 5.7% in volume over the first half of 2021.
“Domestically, there has been some movement to purchase of less expensive cuts but beef prices are expected to hold steady. This reinforces an optimistic outlook for fall of 2022,” says Boyda.
For more information, see:
Contact
For more information, connect with Anna Boyda at 780-422-4088.
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