Average western Canadian feeder prices were relatively unchanged from week-ago levels; however, the yearling market in southern Alberta traded $3-$5 higher as feedlot operators focused on sourcing local cattle. High-quality yearlings are coming on the market and steady demand was evident across the Prairies. Strength in the deferred live cattle futures along with the deterioration […] Read more
Klassen: Feeder market waiting for direction
Klassen: Feeder cattle market softens
Compared to last week, western Canadian yearling prices were $2-$5 lower on average while calf markets were relatively unchanged. Weakness in deferred live cattle futures, along with stronger barley prices, set a negative tone. Most of the Prairies have received less than 40 per cent of normal precipitation over the last 30 days, but this […] Read more
Klassen: Small volumes characterize feeder cattle market
It’s that time of year when the feeder cattle market experiences a calm before the storm. The fall run will get underway over the next three weeks and recent market activity appears to be quite positive. Last week, yearlings and calves traded $3 on either side of unchanged compared to seven days earlier. However, larger […] Read more
Klassen: Stronger beef demand underpins feeder market
Compared to last week, Western Canadian yearling markets traded $2 to $4 higher on average while calves were relatively unchanged. It appears that yearling supplies could be down 2 per cent to 4 per cent this fall which has feedlots being more aggressive early in the season. Major markets in Alberta led the charge higher […] Read more
Klassen: Feeder market jumps on optimistic outlook
Western Canadian yearling prices were slightly softer during the second week of July, due to the historical high weekly marketings of feeder cattle south of the border; however, the market fully recovered last week. Feeder cattle prices tend to make a seasonal high in late July and this year is no exception. Market reports in […] Read more
Klassen: Weaker barley prices enhance yearling prices
Compared to last week, yearlings traded $3 to as much as $8 higher, with strong buying interest noted from Lethbridge-area feedlots. Supplies of quality feeders are rather snug at this time of year and buyers were extremely aggressive on local packages. Prices in the non-major feeding areas appeared to lag southern Alberta markets but orders […] Read more
Klassen: Weaker corn, barley prices support feeder market
Western Canadian yearling prices traded $3 to as much as $8 above week-ago levels while calves were steady to $2 higher. Alberta packers were buying fed cattle in the range of $140-$143, unchanged from week-ago levels; however, a fortuitous $5 bounce in the U.S. fed cattle market bolstered buying enthusiasm for replacements. Feeder cattle futures […] Read more
Klassen: Spring weather revitalizes feeder market
Compared to last week, western Canadian feeder cattle markets traded $4-$6 higher. Yearlings led the charge higher with quality packages selling $5 to as much as $8 above week-ago levels. The return of seasonal temperatures provided a shot of adrenaline for the feeder market. There are quite a few operations carrying minimal numbers because of […] Read more
Klassen: Feeder market stabilizes
Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Stronger export demand appears to be supporting the market in Manitoba and certain pockets in Saskatchewan; however, Alberta feedlot interest remains subdued. Adverse weather continues to plague southern Alberta. Snow and freezing temperatures followed by brief melting periods have resulted in very poor […] Read more
Klassen: Feeder market continues lower trend
Western Canadian feeder cattle markets traded $5 to $8 below week-ago levels; noticeable declines were noted in the lighter weight categories, which were down $6 to as much as $10. Adverse weather continues to plague the feedlot regions of Alberta and Saskatchewan. Another snowfall over the weekend caused pen conditions to erode to lowest levels […] Read more
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