MarketsFarm — Price increases for feed barley and wheat in Western Canada have caused more feeders to look elsewhere for sustenance for their livestock. Prices over the last year have shot up 25 to 40 per cent, according to Prairie Ag Hotwire. “Any time you run into a high-priced commodity market, the cost of feeding […] Read more
Feed weekly outlook: Alternatives in greater demand
Klassen: Extreme variability characterizes feeder market
Western Canadian feeder cattle prices were extremely variable over the past week which made the market hard to define. Compared to last week, yearling prices were quoted $2 to as much $6 lower while calves traded $2 lower as much as $5 higher. While some auction crowds were caught up with the negative news coverage, […] Read more
Klassen: Fed cattle bounce supports yearling market
Compared to last week, western Canadian yearling prices were relatively unchanged while calf values were extremely variable. In Alberta, calf prices were holding value but in Saskatchewan and Manitoba, feeder cattle under 650 lbs. were $3 to as much as $8 lower in some cases. Recent rains in Saskatchewan have come too late and auction […] Read more
Klassen: Feeder market stabilizes on lower supplies
Compared to last week, western Canadian feeder cattle prices were unchanged to $2 higher on average. Feeder cattle markets appear to have divorced from the fed cattle complex and calves are now reaching levels not seen since November last year. Feedlot operators were fairly aggressive on all weight categories under 900 lbs., but heavier yearlings […] Read more
Klassen: Feeder cattle upward trend stalls
Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Noticeable slippage was noted in shorter-keep cattle while lighter weight categories experienced spurts of $2-$3 above last week’s prices. Alberta packers were buying fed cattle at $292 on a dressed basis, up about $4-$6 from week-ago levels. However, auction rings experienced a subdued tone […] Read more
Cow-calf producers asked to take survey
The Beef Cattle Research Council (BCRC) is asking every cow-calf producer in B.C., Alberta, Saskatchewan and Manitoba to complete the Western Canadian Cow-Calf survey. The deadline to complete the survey is Feb. 28. It can be filled out online but the website also provides an option to print the survey and mail it postage-free. First […] Read more
Klassen — feeder cattle market reflects mixed tone
Western Canadian feeder cattle prices reflected a mixed tone over the past week with values $3 to $5 higher on vaccinated preconditioned calves; unvaccinated calves just off their mothers were $3/cwt to as much as $10/cwt lower in some cases. Yearling prices were also quite variable by as much as $10/cwt despite the tightening supply […] Read more