Slaughter cows and bulls $3-4 higher, following the seasonal. This market usually peaks in mid March and it looks like it won’t be much different this year. All classes of feeders stronger. Some September delivery grass steers brought $3700 per head today. We are getting lots of questions regarding tariffs and how it would affect the beef business. It’s very difficult to know what to say because there is just so much that is unknown and unknowable. We are dealing with an increasingly unpredictable trading partner. However, there is a few things that we do know. Firstly, these proposed tariffs do not stop trade. Trade will continue but with price adjustments. It’s important to remember that the proposed 25% tariffs would apply only to the 20% of Canadian beef production that we export to the US. So, in effect, it’s a 5% tariff on all production. Secondly, it’s important to consider the effects that broad based tariffs would have on the Canadian dollar. If we get tariffs on oil, automobiles and parts, and forestry products there is no way in the world that the Canadian dollar stays at 0.695. We would expect at least a 4-5 cent reduction in value which gives us close to 10% improvement in beef pricing. Thirdly, the packers are continuing to offer contracts on finished cattle even with the threat of tariffs, although at a discount. The amount of this discount is presently about $80-100 per head less than what was offered before all this started. That would translate into about 0.15 per pound on a 600 lb steer. So instead of getting $3000 per head we’d get $2900. That’s hardly a disaster. I want to make it clear that I’m not an expert in any of these things and I don’t know as much as many industry participants. However, the bottom line is that while there is reason for concern there certainly is not reason for panic. Ian

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Jan

Markets

Regular Sale

Thursday, January 16, 2025
9:00 a.m. 3:00 p.m.
Box 615 (map)
Google Calendar ICS

Market Report

Regular Sale with Feeders / Slaughter Cows & Bulls

You can choose the way you market your cattle.

Overnight / Pre-weigh
Pre-weigh Feeders will be sold sorted in lots of your own Cattle

To book in cattle click here to contact us!

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Jan

Markets

Regular Sale

Thursday, January 9, 2025
9:00 a.m. 11:40 a.m.
Box 615 (map)
Google Calendar ICS

Market Report

Slaughter cows up $4-5 from before Christmas. Bulls a lot higher. Didn’t have many feeders this week but the market is on fire. Expect all classes of feeders to be up $10-20 per hundred. It’s a sellers market. Slaughter cattle in the US reached $203 USD this week, another record.

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Sale Dates

Listed For Rodvang Ranches

Listed For Diamond Willow Ranch.

Listed For Prairie Land & Cattle ….Cliff Drever

Listed For Schetzsle Marketing Corp.

Listed For Byron Kelts

Listed for Josh & Melissa Stenger

Listed for Brett & Lana Twa

Listed for Mundt Operations

Listed for Dave Comeau

Listed for Craig Tkach

Listed for Brad & Tashia Schmidt

Regular Sale with Feeders / Slaughter Cows & Bulls featuring Palpated Heifers & Bred Cows & Heifers

Listed for DR Land & Cattle

Listed for Norman Storch

Listed for Marc & Linda Robitaille

Listed for D & M Long Cattle Corp.

Listed for Stimson Ranching Ltd.

Walker Farms & G Double Bar Farms

Twin R Ranching Ltd.

Listed for Deagle Cattle Co.

Listed for Henry Jackson

Listed for Aaron & Carrie Compton

Listed for Spruceville Cattle Co.

Pugh Farms Bull Sale

Walker Farms & G Double Bar Farms

Regular Sale with Feeders / Slaughter Cows & Bulls

Featuring: Bred Heifers & Open Palpated Breeding Heifers

Listed for Rolling View Ranch

Listed for Bar E E Beebe Farms

Listed for Ron & John Kimber

Listed for Kyle & Twighla Christianson

Acadia Colony Charolais, Angus & Simmental Bull Sale

Walker Farms & G Double Bar Farms

Jeff Proudfoot

Dryland Cattle Trading Corporation