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Livestock prices are a lot better than a year ago. The Saskatchewan Ministry of Agriculture publishes a Market Trends report that lists current grain and livestock prices versus the price one year earlier. A1 steers in Saskatchewan are currently listed at 90 cents a pound. A year ago, the price was 82 cents. D1 / D2 cows are a lot better at around 59 cents as compared to only 39 cents last year. With the fall calf run approaching, a lot of cow-calf producers will be following the price of feeder calves. The report lists the current price of 500 to 600 pound steer calves at $1.20 a pound, versus $1.09 last year. That’s roughly another $60 per calf. While that’s helpful, prices will have to increase further to provide a decent return. Many livestock analysts and observers believe cattle prices will indeed continue to strengthen. Look at the big turnaround in the hog industry. A year ago, Index 100 market hogs in Saskatchewan were around $95 per hundred kilograms. Now prices are in the $150 to $160 range. That’s the kind of increase cow-calf producers would like to see. I’m Kevin Hursh.

DynAgra, an independent Western Canada-based Company, is dedicated to providing growers with the tools to manage the risk and maximize the profitability of their farm business through the continued innovation of agricultural products and services. We are committed to developing and providing growers with the latest in precision agronomics, variable rate technology, soil fertility, crop protection, fertilizers, custom application and financial solutions.