GFM Network News


Klassen: Quality features influence feeder cattle prices

Western Canadian yearling markets have traded in a sideways range over the past couple of weeks; major feedlot operators have been aggressive for 800-pound-plus feeders just off grass because these cattle are most efficient and therefore, most profitable. Grass yearlings were quoted steady to as much as $5 higher this past week. Backgrounded yearlings were […] Read more

Feed weekly outlook: Prices stronger after harvest

MarketsFarm — Feed grain prices have been higher as the harvest has concluded across most of the Canadian Prairies. “It feels like last week and this week, the harvest has wrapped up in many areas,” said Allen Pirness, a trader with Market Place Commodities in Lethbridge. “That should switch the focus for getting the crop […] Read more





Klassen: Feeder cattle market searching for direction

Feedlots expecting barley prices to drop

Western Canadian feeder cattle prices continue to trade in a sideways pattern. Compared to last week, prices were quoted $2-$3 on either side of unchanged. Most auction barns were on holidays last week and arenas that did hold sales experienced limited volumes. Therefore, the market was hard to define. U.S. feeder cattle markets were steady […] Read more

Shutdowns and slowdowns at packing plants caused by COVID-19 have created a backlog of 130,000 cattle that must be fed until they can be processed.

Packing plants back on track, but future uncertain

With a huge backlog of animals to work through, cattle groups are fearful of what comes next

Reading Time: 3 minutes Alberta’s beef-packing plants are working at or near full capacity but the crisis is not over yet, say cattle leaders. “Our processing capacity has continued to increase over the past few weeks and cattle prices have been relatively strong, but markets are still vulnerable to a disruption in the processing plants,” Alberta Beef Producers chair […] Read more





Feed weekly outlook: Lower stocks support grain prices

Corn still 'competitively' priced

MarketsFarm — Feed grain prices in Western Canada have been strong lately, as old-crop supplies reach seasonal lows. “We’re getting to the bottom of old-crop stocks,” said Allen Pirness of Market Place Commodities in Lethbridge. However, he noted, growing conditions on the Prairies have been favourable, with no indication of a “drought-induced early harvest.” Old-crop […] Read more

Livestock research gets even more complicated during pandemic

Cattle groups have tips for conducting on-farm research — two pages’ worth

Reading Time: < 1 minute The Canadian Cattlemen’s Association, Beef Cattle Research Council, and Canadian Beef Breeds Council has put together a two-page list of guidelines to follow if research is being conducted on your ranch or feedlot. Topping that list is: “Consider postponing on-farm research activities that require more than one person or interaction with farm operators whenever possible […] Read more