GFM Network News

More News →

Beef Cattle

(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market heating up

Volumes thin with auction barns in holiday mode

By ,
Compared to last week, western Canadian yearling steers traded $3-$4 higher while yearling heifers were steady to $2 higher. Mid-weight calves or young yearlings from 600 to 800 lbs. were $3-$5 higher on average. Calves under 600 lbs. were relatively unchanged. Favourable rains across the Prairies have enhanced crop prospects for barley and wheat. April […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market in consolidation mode

Feeder values in West showing premium over U.S.

By ,
Compared to last week, western Canadian feeder cattle prices were quite variable depending on the weight category. Replacement cattle weighing over 800 lbs. were steady to $4 lower while feeders weighing 700-800 lbs. traded steady to $4 higher on average. Feeder cattle under 600 lbs. were unchanged from seven days earlier. The fed cattle market […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market remains firm

Canada's feeder exports down off year-ago levels

By ,
Compared to last week, western Canadian feeder cattle prices were steady to $2 higher on average. Strength was noted in the mid-weight categories as lighter calves and yearlings (900 pounds-plus) were relatively unchanged. Major feedlots were dominant buyers, with little demand surfacing for grassers. Feeding margins are in positive territory and recent rains have enhance […] Read more
Packers have seen good margins and that’s drawing huge numbers of U.S. cows north but it’s been a different story for feedlots, which have struggled for years to make money.
Beef Cattle, Livestock, News

A flood of American cattle is coming north — but the tide may turn

Alberta usually exports cattle but a quarter of a million U.S. cows a year are coming to Western Canada

By
Reading Time: 5 minutes Alberta feeder cattle imports have exploded, reaching highs not seen since the early 2000s. But feedlot operators are still struggling to turn a profit, and adding to their woes, the surge in American cattle may soon slow. “We were barely importing any feeders four or five years ago,” said Brian Perillat, manager of Canfax. “We […] Read more
A Western blot analysis, used to detect specific proteins in tissue samples, is used to confirm BSE in cattle. (Peggy Greb photo courtesy ARS/USDA)
Beef Cattle, Livestock, Markets

OIE ruling turns page on BSE in Canada

Canada's BSE status upgraded to 'negligible risk'

By ,
The international body overseeing countries’ animal disease control measures has assigned Canada the lowest level of risk for bovine spongiform encephalopathy (BSE) — a move which stands to help clear away lingering trade barriers against Canadian beef. The World Organization for Animal Health (OIE) on Thursday announced it has delivered “negligible risk” status for BSE […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market heating up

Wholesale beef prices climbing

By ,
Compared to last week, quality yearling packages were $2-$5 higher while calf values were unchanged to $2 higher. A surge in buying interest surfaced for yearlings last week as fed cattle prices continue to trade near 52-week highs. Alberta packers were buying fed cattle in the range of $162-$165 delivered and breakeven pen closeouts are […] Read more
File photo of a steak sandwich with chimichurri sauce at a street food market in Buenos Aires. (Aleksandr_Vorobev/iStock/Getty Images)
Beef Cattle, Livestock, Markets, Reuters

Tensions build over Argentina’s beef export ban

Rural associations pledge pause in livestock trading

By ,
Buenos Aires | Reuters — Argentine farm groups will halt trading of livestock in protest against a 30-day government ban on beef exports aimed at bringing down domestic prices, the country’s main producer groups said in a joint statement Tuesday. The South American country’s centre-left Peronist government unveiled the ’emergency measure’ to tamp down high […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Drier conditions will influence feeder market

By ,
The feeder market was hard to define this week. The quality of yearlings was quite variable. Fleshier types were heavily discounted while quality packages were unchanged from seven days earlier. Calf prices were mostly unchanged; however, values were down $4-$6 in drier pockets of southern Saskatchewan and southern Manitoba. Southern Alberta barley prices were quoted […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Stronger fed cattle prices underpin feeder complex

Limited feed and forage hinder further upside

By ,
Alberta packers were buying fed cattle on a dressed basis in the range of $265-$270 delivered this past week, up $3-$5 from seven days earlier. Live prices were quoted at $159-$162 delivered using a 60 per cent grading. If the feedlot operator booked their feed grains earlier in winter, live prices are $2-$3 above breakeven […] Read more

Special Podcast

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending June 11, 2021.

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.