Originally published on May 15, 2024 on Canadian Cattleman
By Canadian Cattlemen Staff
| Cost of Production April 2024 |
|
| Alberta |
|
| Yearling steers (850 lb) |
$324.27/cwt |
| Barley |
6.38/bu |
| Barley Silage |
79.75/ton |
| Cost of gain (feed) |
98.45/cwt |
| Cost of gain (all costs) |
152.01/cwt |
| Steers |
240.16/cwt |
| Break-even (Sept. 2024) |
$251.28/cwt |
|
|
| Ontario |
|
| Yearling steers (900 lb) |
$315.97/cwt |
| Grain corn |
5.25/bu |
| Corn silage |
44.00/tonne |
| Cost of gain (feed) |
89.49/cwt |
| Cost of gain (all costs) |
146.73/cwt |
| Fed steers |
241.04/cwt |
| Break-even (Oct. 2024) |
$248.27/cwt |
*Mid-month to mid-month prices. Break-evens: East end wt. 1,450 lb., 183 days. West end wt 1,325 lb., 125 days.
| Market Prices |
(Cdn $/cwt) |
|
| Source: Canfax |
Alberta |
Ontario |
| April 2024 |
|
|
| 500-600 lb. steer calves |
429.31 |
394.12 |
| D1,2 Cows |
168.05 |
150.76 |
| March 2024 |
|
|
| 500-600 lb. steer calves |
426.57 |
385.61 |
| D1,2 Cows |
148.63 |
140.22 |
| February 2024 |
|
|
| 500-600 lb. steer calves |
391.28 |
350.79 |
| D1,2 Cows |
127.02 |
128.62 |
| January 2024 |
|
|
| 500-600 lb. steer calves |
376.20 |
326.92 |
| D1,2 Cows |
128.65 |
119.35 |
| December 2023 |
|
|
| 500-600 lb. steer calves |
382.16 |
338.54 |
| D1,2 Cows |
125.45 |
127.37 |
| November 2023 |
|
|
| 500-600 lb. steer calves |
385.67 |
366.05 |
| D1,2 Cows |
134.91 |
124.84 |
| October 2023 |
|
|
| 500-600 lb. steer calves |
399.14 |
380.35 |
| D1,2 Cows |
133.83 |
140.81 |
| September 2023 |
|
|
| 500-600 lb. steer calves |
379.18 |
378.75 |
| D1,2 Cows |
147.80 |
141.92 |
| August 2023 |
|
|
| 500-600 lb. steer calves |
365.82 |
326.56 |
| D1,2 Cows |
151.70 |
136.26 |
| July 2023 |
|
|
| 500-600 lb. steer calves |
343.69 |
316.35 |
| D1,2 Cows |
152.51 |
138.98 |
| June 2023 |
|
|
| 500-600 lb. steer calves |
349.64 |
337.25 |
| D1,2 Cows |
153.41 |
138.45 |
| May 2023 |
|
|
| 500-600 lb. steer calves |
343.35 |
307.94 |
| D1,2 Cows |
146.51 |
125.95 |
| Apr. 2023 |
|
|
| 500-600 lb. steer calves |
327.91 |
299.26 |
| D1,2 Cows |
131.80 |
121.98 |
| Canadian Slaughter to Mar. 30, 2024 |
2024 |
2023 |
| Total Canadian federally inspected slaughter |
843,455 |
866,967 |
| Average steer carcass weight |
974 lb |
932 lb |
| Total U.S. slaughter to Apr. 12, 2024 |
8,922,000 |
9,404,000 |
| Trade Summary |
2024 |
2023 |
| Exports |
|
|
| Fed cattle (includes cows) to U.S. to Mar. 30, 2024 |
152,770 |
137,121 |
| Feeder cattle and calves to U.S. to Mar. 30, 2024 |
33,721 |
31,266 |
| Dressed beef to U.S. to Feb. |
144.33 mil. lbs |
132.86 mil. lbs |
| Total dressed beef to Feb. |
194.07 mil. lbs |
185.05 mil. lbs |
| Imports |
|
|
| Dressed beef from U.S. to Feb. |
28.98 mil. lbs |
29.22 mil. lbs |
| Dressed beef from Australia to Feb. |
8.80 mil. lbs |
3.96 mil. lbs |
| Dressed Beef from New Zealand to Feb. |
5.87 mil. lbs |
4.63 mil.lbs |
| Dressed Beef from Uruguay to Feb. |
12.66 mil. lbs |
8.66 mil. lbs |
