Dec. 1 — Feeder cattle prices in Western Canada remain soft due to larger available supplies and negative margins in the finishing feedlot sector. Values were $1 to $2 per hundredweight (cwt) lower on average this past week, with cattle merchants reporting additional pressure on the heavier calves. “Tax deferred” buying is starting to step […] Read more
Klassen: Larger supplies anticipated in Canada, U.S.
Klassen: Feeder cattle exports way down
Nov. 23 — Feeder cattle markets were steady to $2 lower in Western Canada for the week ending Nov. 20. Margins for the finishing feedlot remain deep in red ink and there is very little buying enthusiasm among feedlot managers these days. The fed cattle market in Alberta traded in the range of $76-$78 per […] Read more
Klassen: Supplies weighing down feeder market
Nov. 17 — According to CanFax, the number of feeder cattle placed in Alberta and Saskatchewan feedlots during January through October was 1.682 million head, which is down 5.3 per cent from 1.776 million head for the same timeframe in 2008. Canadian feeder cattle exports to the U.S. for the first 10 months of 2009 […] Read more
Klassen: Enthusiasm hits feeder market
NEW FEATURE: Jerry Klassen, an independent commodity trader well known to readers of Canadian Cattlemen and the Cattleman’s Corner section in Grainews for his analysis of the livestock markets, now brings a new weekly column on cattle markets to AGCanada.com and its affiliated sites. Nov. 9 — U.S. feeder prices are $3-$4 per hundredweight (cwt) […] Read more
Klassen: Feeders higher on lower Canadian dollar
NEW FEATURE: Jerry Klassen, an independent commodity trader well known to readers of Canadian Cattlemen and the Cattleman’s Corner section in Grainews for his analysis of the livestock markets, now brings a new weekly column on cattle markets to AGCanada.com and its affiliated sites. Nov. 3 — Feeder cattle prices in Western Canada have been […] Read more
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