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 |
