GFM Network News



(Photo courtesy Canada Beef Inc.)

Klassen: Optimistic fed cattle outlook supports feeder market

Compared to last week, western Canadian feeder cattle markets traded $2-$4 higher. Strong demand was noted on yearlings, which spilt over into the lighter weight categories. Major feedlot operators in Alberta set the price structure, with aggressive orders flowing across the Prairies. Some operators have been holding back on purchases due to higher prices; however, […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Stronger live cattle futures lift yearling market

Recent rains rejuvenate Prairie pastures

Compared to last week, western Canadian yearling prices were quoted $3 to as much as $6 higher; calf markets once again traded $3-$5 on either side of unchanged depending on the region. Unbridled buying interest was noted on larger groups of high-quality yearlings. Despite the grass conditions this summer, cattle characteristics are rated above average […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Strong demand underpins yearling market

Western Canada will be seeking U.S. corn

Compared to last week, western Canadian yearling prices were unchanged to as much as $4 higher in some cases; calf markets traded $2-$3 on either side of unchanged as prices were quite variable across the Prairies. Major feedlot operators were extremely aggressive for yearlings. Larger groups of one-cut cattle were very well bid. April live […] Read more






(Photo courtesy Canada Beef Inc.)

Klassen: Yearling prices consolidate, calf values soften

Compared to last week, western Canadian yearling prices were relatively unchanged; however, calves weighing 500 to 700 lbs. were $2-$4 lower. Featherlight bawlers under 500 lbs. were down $6-$8 from seven days earlier. Strong feedlot buying interest supported quality groups of yearlings. Feed barley prices were down $5-$10 per tonne from last week while the […] Read more


CME October 2021 feeder cattle (candlesticks) with Bollinger (20,2) bands. (Barchart)

Klassen: Feeder market percolating higher

Weakness in feeder futures seen as temporary hiccup

Compared to last week, western Canadian yearling prices were $1-$4 higher on average; calves were steady to $2 higher. Limited volume of calves under 600 lbs. made the market hard to define; however, strong demand was surfacing across all weight categories. The weaker Canadian dollar, along with stronger live cattle futures, set a positive tone. […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market heating up

Volumes thin with auction barns in holiday mode

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