Canfax Analyst Says Feeder Market Remains Strong

The beef industry is continuing its recovery from the COVID-19 shutdown.

 

Brian Perillat is a senior analyst with Canfax.

 

"I think plants are doing really well. They continue to be processing cattle near or at capacity, the pre-COVID capacity. Throwing in some Saturday shifts as well. We've been actually processing more fed cattle the last few weeks than a year ago. That's been really positive news for the industry. We still continue to have a bit of backlog but for the most part, I'd say feedlots are in pretty good shape."

 

He says the feeder market remains fairly strong.

 

"Fed cattle market continues to be under pressure with the cattle around well below a year ago...On the other hand, the feeder market continues to be quite resilient, I guess you could say. Some of the yearlings are a little bit below a year ago."

 

Perrilat notes the Canadian dollar has been creeping up near 75 cents U.S.

Video: Dicamba Returns for Georgia Farmers: What the New EPA Ruling Means for Cotton Growers

After being unavailable in 2024 due to registration issues, dicamba products are returning for Georgia farmers this growing season — but under strict new conditions.

In this report from Tifton, Extension Weed Specialist Stanley Culpepper explains the updated EPA ruling, including new application limits, mandatory training requirements, and the need for a restricted use pesticide license. Among the key changes: a cap of two ½-pound applications per year and the required use of an approved volatility reduction agent with every application.

For Georgia cotton producers, the ruling is significant. According to Taylor Sills with the Georgia Cotton Commission, the vast majority of cotton planted in the state carries the dicamba-tolerant trait — meaning farmers had been paying for technology they couldn’t use.

While environmental groups have expressed concerns over spray drift, Georgia growers have reduced off-target pesticide movement by more than 91% over the past decade. Still, this two-year registration period will come with increased scrutiny, making stewardship and compliance more important than ever.