As trade talks with the U.S. continue, the Canadian Cattle Association says it’s pleased to see a focus on the upcoming review of the Canada-U.S.-Mexico trade agreement (CUSMA) while tariff-free access for CUSMA-compliant goods is maintained.
“This is vitally important to cattle and beef producers,” said association president Tyler Fulton in an Aug. 5 statement.
“The North American beef industry is highly integrated,” he said. “CUSMA has played a key role in allowing beef producers from the U.S. and Canada to reap the benefits flowing from the economies created by that integration.”
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Klassen: Feeder market in price discovery mode
For the week ending August 2, Western Canadian feeder cattle markets traded steady to as much as $10 higher. Quality yearling packages off grass were up as much as $15 in some cases. Prices for similar weight cattle were quite variable across the Prairies, which made the market hard to define. The market appears to be in price discovery mode for the grass yearling market.
Most agricultural goods, including beef, are exempt from current 35 per cent tariffs under CUSMA.
The Canadian Cattle Association will host the North American Beef Cattle Leaders’ trilateral meeting in September. The trilateral meeting brings together national cattle producer organizations from Canada, the U.S. and Mexico.
The group will discuss animal health, the competativeness of the North American beef sector and trade, Fulton said.
“CCA will continue to work with the Government of Canada, provincial members, and engage with stakeholders on both sides of the border to advocate for positive outcomes for the North American beef sector in preparation for the 2026 CUSMA review,” he added.
