Easter Beef Show prices leave cattle producers optimistic

Ryan Ross
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Stormy weather couldn’t dampen the spirits at the Easter Beef Show and Sale where prices were keeping farmers optimistic about the industry’s future.

This year’s grand champion sold for $5.50 a pound on Friday and Dora MacKinley, one of its owners, was pleased with the price.

“It’s great,” she said.

The annual Easter Beef Show and Sale in Charlottetown gives cattle farmers a chance to show off their animals and sell them in an auction.

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Last year the grand champion sold for $6.25 a pound while the reserve grand champion went for $4.25 a pound.

This year’s reserve champion sold for $5.25 a pound and the early sales were seeing other cattle selling for about $4 a pound.

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Brian and Dora MacKinley’s champion was the first on the auction block and its price was expected to set the tone for the rest of the day’s sales.

The couple had hoped to get about $5 a pound and Dora said it was a good price.

“It’s a good bonus for us,” she said.

Ivan Johnson, chair of the P.E.I. Cattle Producers Association, said the industry has recently been getting some of the best prices it has seen in a long time.

“Everything looks positive in the future as long as we can maintain our cattle numbers or even increase them,” he said.

Johnson said the industry has gone through some tough times in recent years.

“Things are just starting to look a little more positive for anybody who’s in the beef industry.”

rross@theguardian.pe.ca

twitter.com/ryanrross

Organizations: P.E.I. Cattle Producers Association

Geographic location: Charlottetown

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  • same story
    March 29, 2014 - 07:44

    Why was the price lower this year? The price of beef is much higher than last year.