Compared to last week, western Canadian feeder cattle markets traded steady to $2 higher on average. Alberta packers were buying fed cattle on a dressed basis in the range of $353-$357/cwt delivered last week, up from the average price of $348/cwt delivered seven days earlier. Strength in the fed cattle market continues to support the […] Read more
Klassen: Feeder market eyes feed grain complex
Downside expected in new-crop barley prices
Klassen: Stronger fed cattle market pulls feeders upward
Feedlots becoming more current with production
Compared to last week, western Canadian yearling and calf markets were quoted steady to $5 higher on average. Strength was noted in southern Alberta. In the Lethbridge area, prices for lighter flesh replacements were up as much as $10 from seven days earlier. Larger supplies of backgrounded cattle are coming on the market at this […] Read more
Klassen: Feeder market scaling fresh heights
Heifer retention expected in U.S. this spring
Compared to last week, western Canadian yearling markets traded $5 to as much as $10 higher. Replacements in the 650- to 800-lb. category were up $6-$12; calves under 650 lbs. were relatively unchanged although volumes were limited. Lightweight calves were hard to come by last week. Weather may have been a factor. Many factors contributed […] Read more
Klassen: Feeder market continues the climb
Statistics show tightening supplies in Canada, U.S.
Compared to last week, western Canadian feeder markets yearling markets traded $2-$5 higher. Replacements in the 700- to 800-lb. weight category appeared to jump $5 to as much as $15 in some cases. Calves weighing 500-700 lbs. were unchanged to $4 higher on average after rallying nearly $20 over the past month. There were limited […] Read more
Klassen: Calves jump on corn outlook
Softer barley values underpin yearling market
Compared to last week, western Canadian feeder cattle markets traded $5 to as much as $12 above week-ago levels. Alberta packers were buying fed cattle on a dressed basis in the range of $332-$335 delivered, up $5-$8 from last week. Stronger fed cattle prices and softer barley values underpinned the yearling market. Buyers were finicky […] Read more
Klassen: Feeder market stabilizes after recent climb
Calf prices in Manitoba show premium over Alberta
Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged. Replacements weighing 650-800 lbs. appeared to traded steady to $4 higher while calves under 650 lbs. were steady to $4 lower. The cost per pound gain is reaching unprecedented levels and fleshier cattle were discounted quite severely in some cases. […] Read more
Klassen: Canadian feeder market rationing demand
Demand from Ontario remains aggressive
Compared to last week, western Canadian yearling prices were up $4-$6 while calf markets traded $6 to as much as $10 above week-ago levels. May feeder cattle futures are trading at a $8 premium to the nearby March contract. The carrying charge in the futures market has encouraged buyers to step forward sooner rather than […] Read more
Klassen: Larger supplies of backgrounded cattle weigh on feeder complex
Compared to last week, western Canadian yearling markets traded steady to $3 lower. Calf prices were quoted $5 lower to $3 higher. Backgrounded cattle appeared to have a softer tone as more numbers come on the market. Usually, the bulk of the volume for backgrounded cattle are animals over 850 lbs. However, this year, the […] Read more
Klassen: Feeder market percolates higher amid finicky buyers
Ontario feedlots bring demand for West's calves
Compared to last week, western Canadian feeder cattle markets traded steady to $4 higher on average. Certain pockets in Manitoba and eastern Saskatchewan had steer calves up $4-$8 from week-ago levels. Alberta values were relatively unchanged from seven days earlier on all weight categories. Steady demand was noted from Ontario feedlots for calves while Alberta […] Read more
Klassen: Feeder market’s upward trend continues
Manitoba, Saskatchewan see limited gains
Compared to last week, western Canadian feeder cattle markets traded $2-$3/cwt higher on average. Southern Alberta appeared to lead Western Canada. Prices in the Lethbridge area were up $8/cwt to as much as $15/cwt from week-ago levels. Major operations have liquidated a significant amount fed cattle and become more current with production. There was a […] Read more
Cyber-Savvy Farmer
