Fed Cattle Rally Stalls Below Break-Even as Herd Rebuilds and China Access Opens — All Three Production Stages in Transition

ByWestern Farm Report April 23, 2026April 23, 2026

Western Farm Report | Livestock Products / Beef Published: April 23, 2026 Production stages covered: Cow-calf · Backgrounding · Feedlot

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US Markets
WESTERN FARM REPORT
ByWestern Farm Report April 13, 2026April 22, 2026
The 2026 winter wheat crop entered the growing season in its worst early-spring condition since 2022. USDA NASS’s first Crop Progress report of the season, released April 6, rated just 35% of U.S. winter wheat in good-to-excellent condition — 13 percentage points below the same reading one year earlier and 16 points below the five-year…
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Livestock Producers | Pork
Indonesia, Traceability, and the True Cost Per Pig: What Alberta and Saskatchewan Hog Producers Are Navigating in 2026
ByWestern Farm Report April 20, 2026April 23, 2026
The story of Prairie pork in 2026 is not one story — it is several, running simultaneously at different speeds. Feed cost per pig is up modestly from recent lows. A new export market of 280 million people opened in February with Canada’s first-ever pork access to Indonesia. Traceability regulation amendments that producers in Alberta…
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Beef
Record Highs and Real Risk: What’s Driving Feeder Cattle Prices Canada-Wide in 2025-26
ByWestern Farm Report April 17, 2026
Steer calves in the 500–525 lb. range were trading around $500 per hundredweight (cwt) in central Alberta at the start of 2025. By April of that year, 300–400 lb. steer calves in Saskatchewan had cleared the $600/cwt mark for the first time on record. Those are not misprint numbers—they reflect a structural shift in feeder…
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Dairy | Livestock Producers
Prairie Dairy in 2026: Growing Output, Stable Prices, and a Trade Debate That Will Define the Decade
ByWestern Farm Report April 13, 2026April 23, 2026
The Canadian dairy sector produced $8.88 billion in farm cash receipts in 2024 — up 46% from a decade earlier — and enters 2026 in strong financial shape. Farmgate milk prices received their annual increase effective February 1, 2026, production has grown consistently, and domestic demand for cheese and high-protein dairy ingredients continues to expand….
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Tariff Watch
WESTERN FARM REPORT
ByWestern Farm Report April 13, 2026April 22, 2026
India Reverses Course — Yellow Peas Restored to Duty-Free Access Through March 2027Free Access · Tariff WatchRead Western Farm Report — FreeRegister with your email address for full access to all content. No subscription. No credit card. One click to verify.Read Free — Enter Your EmailWe respect your privacy. No spam, ever.
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Livestock Producers | Pork
Prairie Pork in 2026: An in depth look
ByWestern Farm Report April 13, 2026April 23, 2026
Canadian hog producers are generating strong margins in 2026, supported by solid domestic and international demand for pork. The supply picture is tight enough to keep prices supported, and the sector is in considerably better financial shape than it was two years ago. But the trade environment surrounding Canadian pork is the most complicated it…
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