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Canadian Beef Producers Now Competing With Australia

Australia has become a competitor for Canadian beef producers.
 
Michael Young is president of Canada Beef.
 
"Traditionally, it's been just the Americans that we competed against but since BSE the Australian sector has moved into the grain fed category and they've since fully developed it," he said. "We run into them everywhere. They put a good product in the box. We need to compete against it, there's nothing wrong with it but there are attributes, sort of emotional and functional attributes, that are associated with Canadian beef that are appealing to some of the markets that we're in."
 
Young spoke last week in Brandon at Manitoba Beef Producers' AGM.
 
He also talked about how the reduction of the swine herd in China due to African swine fever is opening up opportunities for other protein sources, such as beef.
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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.