Compared to last week, western Canadian feeder cattle markets traded $2 to as much as $6 higher. Moderate to stronger buying interest was noted across the Prairies. Once again, feedlot operators were fairly aggressive on quality yearling packages; semi-weaned and weaned calves were a solid $3-$5 higher while unweaned lighter calves experienced minimal price appreciation. […] Read more
Klassen: Feeder market ends 2017 on positive tone
Klassen: Stronger fed cattle market underpins feeder complex
Alberta fed cattle prices surged $11-$12 this past week, with packers buying fed cattle in the range of $262-$264 on a dressed basis. While most feedlot operations are carrying sufficient numbers at this time of year, quality packages of heavier replacements were extremely precious. Yearlings and calves above 850 lbs. sold steady to $5 above […] Read more
Who’s your daddy?
A study that used DNA testing to determine the siring success of individual bulls produced some surprises
Reading Time: 3 minutes DNA testing can help you know which bulls are siring calves and make better management decisions. “There was a lot more variation in what bulls were actually doing and which bulls were siring calves than we thought going into this,” Stacey Domolewski said during a recent Beef Cattle Research Council webinar. As part of a […] Read more
Klassen: Feeder cattle market falters
Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $6 lower. Alberta feeder cattle prices appeared to move in line with major U.S. markets, which were also down $3-$5 from week-ago levels; however, minimal slippage was noted in eastern Saskatchewan and Manitoba. Weakness in deferred live and feeder cattle […] Read more
Klassen: Winter weather weighs on feeder complex
Compared to last week, western Canadian feeder cattle prices were relatively unchanged. However, quality features played a larger role in the price structure. Buyers shied away on fleshier yearlings which is often the case when margins move into negative territory. It’s that time of year when thicker coats can be somewhat misleading and buyers pulled […] Read more
Klassen: Feeder market rally stalls
Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Eastern Prairie markets were softer but continue to maintain a $5 to as much as $8 premium over major feeding regions of Alberta. We’ve seen a sharp year-over-year increase in imports from the U.S., which is causing a variable price structure to develop across […] Read more
Klassen: Feeder cattle market surges
Western Canadian feeder cattle markets experienced a precipitous bounce over the past week. Compared to seven days earlier, yearling traded $4-$6 higher; calf markets were trading $3 to as much as $10 above week-ago levels; prices for feather-light bawlers surged with 300- to 400-pounders touching the magical $300 level in some areas. Optimal weather enhanced […] Read more
Klassen: Feeder market maintains upward momentum
Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $8 higher. Strong gains in the live and feeder cattle futures, along with the softer Canadian dollar, set a positive tone for all weight categories. Central and southern Alberta feedlot operators were quite aggressive on local cattle, which caused major […] Read more
Klassen: Feeder market experiences renewed optimism
Compared to last week, yearlings traded $3-$5 higher while calf prices were $5 to as much as $10 higher in some cases. Southern Alberta yearling prices were unchanged this week after trading at premium to western Canadian markets earlier in September. The U.S. Department of Agriculture came out on Tuesday and lowered its beef production […] Read more
Klassen: Strong Canadian dollar weighs on feeder market
Compared to last week, western Canadian yearling prices were down $3-$6 on average while calf values dropped $5 to as much as $10 in some cases. Most auction barns held feature yearling sales last week; there were small groups of calves available but the market was quite variable and hard to define in the lighter […] Read more