VFO receives weekly market information from several sources.
The foundation of VFO market information is based on live sales that is derived from auction market data that is submitted to the Beef Farmers of Ontario for analysis. This information is based entirely on a live weight basis.
The Veal Market Report app is now available to download from iTunes and the Play Store. Click here for a step-by-step guide on how to download the app to your iPhone or Android phone. BlackBerry users can contact VFO to receive an optimized version of the app.
Current Market Reports
- Weekly Market Report
- Weekly Veal Supply at a Glance
- Market Graphs – November 2020
- The ups and downs of the veal market
- Veal Trade Tracker
Market Report Archives
REMINDER TO ALL ONTARIO VEAL PRODUCERS:
As of January 15, 2020, the weight limit for a veal carcass has been increased from 180 kg to 190 kg. The VFO, through our collaboration with the Canadian Veal Association (CVA), worked very hard over a very long period of time to make this amendment a reality. Please review this news release from the CVA for more details. It is up to our industry now to use this tool wisely.
What you need to know and why this matters:
- This amendment now brings the maximum weight limit for a veal carcass from 180 kg to 190 kg and came into effect January 15, 2020.
- The purpose of the amendment is to provide the Canadian veal industry with the flexibility and opportunity to manage veal carcass weights throughout the supply chain.
- The extra 10 kg provides a ‘sleeve’ to give both producers and processors some breathing room. If properly managed by everyone, the sleeve can reduce the number of overweight carcasses; and reduce the losses for both the producer and the processor.
- It is very important that all veal producers target their maximum shipping weights for 180 kg so that there remains some flexibility within the system to manage the veal carcass weights.
- Veal carcasses that go over the maximum weight limit of 190 kg are deemed ungraded beef carcasses.
- Processors need to send the appropriate market signals with purchasing ‘right-weighted’ veal cattle.
- The sleeve is an important tool to help producers and processors manage risk and ensure there is some tolerance in the supply chain if properly managed.
More Market Information:
– Quebec Electronic Auction
– Veal Prices and Statistics