OFA YOUNG FARMER SUMMIT

Equipment Technician Demand Reaches New Highs

A new report warns Canada will need thousands of equipment technicians in the next decade, with labor shortages affecting dealer growth, customer service, and industry revenue.

Canada Could Add $5.4 Billion by Food Processing in the Country

Shifting 10 per cent of Canada’s raw crop exports to domestic processing could boost the economy by $5.4 billion and create 34,000 jobs, according to a new report from EY.

New herbicide for soybean producers

Growers can implement Zidua Prime into their operations for the 2027 season

Canfax Weekly Article | Report for the week of September 21, 2026

The Canfax average fed steer and heifer price closed around $292/cwt live, $2.50/cwt lower than the previous week. Fed cattle prices are at the lowest point since December 2025. Light trade was reported last week with dressed sales ranging from $486.50–$489.50/cwt FOB the feedlot. Cattle that traded were scheduled anywhere from early October to early November delivery. Western Canadian steer carcass weights have steadily increased this summer and are 2 pounds shy of their highs set back in January. Ontario was the bright spot for the Canadian fed market as their prices strengthened last week. Last week, the Canfax feeder steer and heifer price closed the week $8–$11/cwt higher. Despite higher prices, all classes of cattle are trading below last year. With good grass conditions across much of the Prairies, the yearling run has been slow to develop. Over the past week, there was a bigger offering of forward delivery calves with over 50,000 head marketed for fall delivery. In some cases,

U.S. August cattle placements fall to record low

U.S. feedlots placed fewer cattle in August than in any other August since the data series began in 1996, according to the latest Cattle on Feed report from the United States Department of Agriculture (USDA). Despite the decline, cattle and calves on feed for the slaughter market in feedlots with a capacity of 1,000 head or more totalled 11.2 million head as of September 1, up one per cent from a year earlier. August placements totalled 1.62 million head, down nine per cent from the previous year. Net placements were reported at 1.57 million head. USDA data shows it was the lowest August placement total since the series began in 1996. The report was largely in line with pre-report trade expectations, which anticipated lower placements and marketings alongside slightly higher on-feed inventories. Marketings during August totaled 1.52 million head, down three per cent from the same month last year. It was also the lowest August marketing total since 1996. Other disappearance totaled