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Canfax Canada's go to source for national cattle & beef fundamentals, and market information for over 50 yrs

Canfax is a nonprofit organization, funding itself through memberships as well as data information services it provides to industry stakeholders. In this new millennium, cattlemen, feedlot managers, and agri-business professionals will continue to rely on up-to-the-minute information as an essential tool for maximizing profit in today's beef sector. Whether your operation needs to plan for three hours or three years into the future, Canfax delivers timely, accurate information for 21st Century cattle industry professionals.

📰 Hay Supply Builds, Creating a Chance to Refill the Baleyard:Favourable growing conditions have supported hay productio...
10/20/2026

📰 Hay Supply Builds, Creating a Chance to Refill the Baleyard:
Favourable growing conditions have supported hay production across the Prairies this year, although wet weather made harvest difficult in some areas. Overall, forage supplies are looking better than in recent years.

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10/19/2026

Canfax, is Canada’s source for cattle market information. Canfax Research Services (CRS) provides the Canadian beef industry with statistical and market information on the domestic and global beef trends.

We are looking for a talented, self-motivated individual to participate in our 2027 Summer Intern Program.

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Strong Feeder Basis Inadequate to Support Backgrounding Margins:The 850 lb feeder steer basis was historically strong in...
10/19/2026

Strong Feeder Basis Inadequate to Support Backgrounding Margins:
The 850 lb feeder steer basis was historically strong in the third quarter, averaging 19.13 compared to -9.06 last year and a three-year average of -9.13. The cash-to-futures basis helps producers evaluate whether to sell now or retain ownership and sell later..…

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YTD, total US cow slaughter is down 4% from last year. Beef cow slaughter is down 14% with weekly slaughter volumes lowe...
10/16/2026

YTD, total US cow slaughter is down 4% from last year. Beef cow slaughter is down 14% with weekly slaughter volumes lower for 36 of 39 weeks. Dairy cow slaughter is up 4.5% compared to last year. Weekly slaughter is larger for 33 of 39 weeks.

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📰 Calf Prices Beyond Tomorrow: Balancing Opportunity and Risk:The traditional cattle cycle spans roughly 10 years, with ...
10/15/2026

📰 Calf Prices Beyond Tomorrow: Balancing Opportunity and Risk:
The traditional cattle cycle spans roughly 10 years, with five years of declining production followed by five years of rebuilding. North American beef production peaked in 2022, suggesting a potential production bottom around 2027. However, tight supplies and strong prices could persist even as the market approaches a turning point…

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Ontario corn spiked to $280/tonne in September, up 20% from last year, 5% above the five-year average and 19% above the...
10/14/2026

Ontario corn spiked to $280/tonne in September, up 20% from last year, 5% above the five-year average and 19% above the 10-year average. Furthermore, corn is at its highest point since June 2023. Impacting feedlot cost of gain.

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Cutout Demand Holding:The USDA Choice cutout has mostly ranged between US$370-390/cwt this year. Seasonally, the cutout ...
10/12/2026

Cutout Demand Holding:
The USDA Choice cutout has mostly ranged between US$370-390/cwt this year. Seasonally, the cutout typically faces pressure in October. With leverage shifting back to the packer this summer, the cutout is expected to have a larger influence on fed cattle prices this fall..…

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US Utility cows followed along historical trends between January and July, peaking near US$181.50/cwt. The market turned...
10/09/2026

US Utility cows followed along historical trends between January and July, peaking near US$181.50/cwt. The market turned in August. By September, US Utility cows were down 16% from July. And below the previous year for the first time since March 2021.

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📊Competitive Feed Costs — What Sets High-Profit Farms Apart?Winter feed is one of the biggest costs in a cow-calf operat...
10/08/2026

📊Competitive Feed Costs — What Sets High-Profit Farms Apart?

Winter feed is one of the biggest costs in a cow-calf operation — but the cheapest feeding program is not always the most profitable one.

Are your winter feed dollars working as hard as they should — or are hidden costs quietly eating into profitability?

🔹 Build your edge:
✔ Know Your True Feed Cost: Winter feed costs ranged from approximately $331 to $1,171 per cow across benchmark farms, showing how much cost structures can vary between operations.
✔ Daily Cost Adds Up: Top-third farms averaged $3.17 per cow per day, compared with $3.62 across all benchmark farms — a 45-cent difference that can add up quickly across a herd.
✔ Manage the Cost, Not Just the Feed: Lower feed costs do not automatically mean higher profits; the goal is to get the most pounds of calf and reproductive performance from each feed dollar.

🧠 Where is the biggest opportunity in your winter-feeding program to improve cost efficiency without sacrificing herd performance?

📄 View the full report:
https://canfax.ca/uploads/COP-Analysis/25-4_Winter_Feed_Costs.pdf

The price spread on Alberta D2 cow and US Utility cow prices (converted to C$) has been on either side of par since Janu...
10/07/2026

The price spread on Alberta D2 cow and US Utility cow prices (converted to C$) has been on either side of par since January. YTD, Western Canadian cow exports have been 38% below the five-year average. However, volumes are up 55% from last year when Alberta D2 cows averaged a $1/cwt premium to the US market.

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Address

#180, 6815/8th Street NE
Calgary, AB
T2E7H7

Opening Hours

Monday 8am - 4pm
Tuesday 8am - 4pm
Wednesday 8am - 4pm
Thursday 8am - 4pm
Friday 8am - 4pm

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+14032755110

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