GFM Network News


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market remains firm

Canada's feeder exports down off year-ago levels

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



(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle markets experience volatility

Beef prices encourage slaughter pace

Compared to the previous week, western Canadian feeder cattle markets traded $3-$4 on either side of week-ago levels. Prices were quite variable across the Prairies with four main factors influencing buyer sentiment. First, the eastern Prairie regions experienced adverse winter weather. Auction barns in Manitoba and eastern Saskatchewan had smaller volumes on offer. Buyers shied […] Read more




(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle demand surges

Cow-calf producers already thinking spring

Compared to last week, western Canadian yearlings sold $3-$5 higher while calves traded $6 to as much as $10 higher. The return of moderate temperatures enhanced buying enthusiasm across the Prairies. Strength in deferred live cattle futures appeared to offset strong feed grain values. Yearling prices were rather soft through January and the first half […] Read more


CME April 2021 lean hogs with 20- and 100-day moving averages plus CBOT May 2021 corn (yellow line). (Barchart)

U.S. livestock: Lean hogs climb on falling grain futures

April live cattle close lower

Chicago | Reuters — CME Group lean hog futures climbed Wednesday, supported by lower feed grain futures and expectations the U.S. herd will shrink moving into the spring, traders said. CME’s most-active April lean hogs added 1.65 cents to close at 73.075 cents/lb., while the spot February contract strengthened 1.95 cents to end at 68.425 […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Barley, wheat prices very likely to increase

Increases seen tied to rising U.S. corn

MarketsFarm — Two Alberta traders believe strong feed grain prices will continue to push higher over the next week of January, with much of the upswing tied to the rise in corn prices in the U.S. “As corn edges higher, becoming the preferred direct replacement to barley, your barley floor comes up and wheat starts […] Read more


(File photo)

Feed weekly outlook: Export demand supports prices

MarketsFarm — Feed grain prices remain strong into the winter, due to steady feedlot demand and solid export activity. Brandon Motz of CorNine Commodities at Lacombe, Alta. said feedlots have freed up some pen space after COVID-19 shutdowns created backlogs, but demand remained steady. “There’s more pen space in southern Alberta, compared to other years,” […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Barley bids firm as feeders seek coverage through spring

MarketsFarm — Feed barley bids held firm through November in Western Canada, with higher prices for deferred delivery as feedlots work to secure supplies in the face of solid export demand. Spot feed barley bids in the Lethbridge, Alta. area have held in the $270-$275 per tonne range through November, said Jim Beusekom of Market […] Read more