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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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How to read EPDs (expected progeny differences)

Video: How to read EPDs (expected progeny differences)

Expected progeny differences (EPDs) may look complicated at first, but they are a practical tool for making informed beef cattle breeding decisions. The bulls or replacement heifers you select today will influence herd performance, productivity and profitability for years to come.

This animated video, produced by the Beef Cattle Research Council, explains how to read and use EPDs in a clear, straightforward way. You’ll learn what the numbers mean, how to interpret them and see a step-by-step example of comparing EPDs between animals to help select genetics that fit your herd goals.