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Cattle markets shift from bear to bull - ranchers set to benefit

What a difference a year makes.

A year ago, ranchers were being squeezed by tight margins and profits - if any - were slim at best.

This year market prices for calves have been rocketing upwards into the stratosphere and with any luck later this fall ranchers are set to cash in.

“There is a fair bit of optimism this year. The markets have improved. They are much stronger this year right across the board compared to a year ago,” Garner Deobald president of the Saskatchewan Stock Growers Association said.

The two day AGM was held Monday and Tuesday, June 5-6, at the Moose Jaw Exhibition Grounds.

Improved soil moisture conditions, as well as access to water, has most ranchers looking forward to what is shaping up to be a better year, he said.

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Fatal Wildfire Endangering Our Beef Supply

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Thanks for spending the winter with us here on the farm. Today we deliver a load of relief supplies to the area that is being devastated by the largest wildfire Nebraska has ever seen. Ranchers and farmers are working alongside countless firemen and the National Guard to get it contained. Stay warm and have a great weekend, we'll see you soon.