Western Canadian feeder cattle jumped $3-$5 on average last week, with 800-plus-lb. yearlings trading as much as $8 higher. Historically high finishing margins finally resonated with feedlot operators and a precarious attitude from recent weeks was thrown by the wayside. Order buyers were inundated with interest as bids were relatively firm across the Prairies. Adverse […] Read more
Klassen: Feeder cattle jump on healthy margin structure
Klassen: Feeder cattle drop on cautious feedlot demand
Western Canadian feeder cattle markets traded $3 to as much as $8 below week-ago levels as feedlot managers anticipate growing beef supplies during the late spring and summer. Heavier weight categories absorbed the brunt of the selling pressure, with backgrounding operators liquidating fall-placed calves. Certain groups of higher-quality heifers held value with the purpose of […] Read more
Set the agenda for Bov-Innovation
Reading Time: < 1 minute The Beef Cattle Research Council wants beef producers to take a 10-minute survey on what topics they would like to see presented during Bov-Innovation at the Canadian Beef Industry Conference in August 2017. Bov-Innovation is an extension event for producers and features innovative, underutilized, or emerging production practices that feedlot and cow-calf operators may want […] Read more
Klassen: Feeder cattle market between hammer and anvil
The western Canadian feeder cattle market was hard to define this past week. Heavier feeder cattle were $3 lower to as much as $4 higher compared to week-ago levels; however, calf prices and lighter-weight feeders were steady to as much $6 higher. Alberta feedlot operators led the charge on calves with buying activity noted across […] Read more
Klassen: Feeder cattle prices lukewarm on mixed factors
Western Canadian feeder cattle markets were steady to $2 higher compared to week-ago levels. All weight classes experienced lukewarm buying interest, despite improving margins in the feedlot sector. Most auction barns experienced minimal numbers; cow-calf producers are holding back on sales hoping for stronger values and extreme cold temperatures hindered cattle movement, especially in the […] Read more
Klassen: Winter conditions weigh on feeder market
Western Canadian feeder cattle prices traded steady to $3 lower compared to seven days earlier. The market tends to soften during the first major snowstorm each year, but the established risk discount was not as severe as in past years. Notwithstanding the cold temperatures and adverse weather conditions, feedlot operators continued to step forward fairly […] Read more
Compensation promised for ranches under TB quarantine
Ottawa promises financial help while Alberta Beef Producers trying to arrange for feedlots to take in calves
Reading Time: 5 minutes Beleaguered ranchers with quarantined herds are getting some relief as the Canadian Food Inspection Agency has approved a beef industry plan to allow calves to be sent to feedlots. “We’re working with the CFIA on the conditions and requirements,” said Rich Smith, executive director of Alberta Beef Producers. “Obviously, it would be hard to get […] Read more
Six risk factors for BRD in feeder calves
There are many factors to consider to minimize BRD (bovine respiratory disease) when bringing in feeder calves. Knowing the history of the calves at weaning time, distance transported, vaccination and health history, as well as upcoming weather conditions will help you determine the level of risk. In bringing in calves, or for that matter feeding[...]
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High costs threaten southern Alberta feedlot sector
Lethbridge County’s ‘head tax,’ WCB premiums, and a looming carbon tax are making his business uneconomical, says a prominent feeder
Reading Time: 4 minutes Other cattle feeders in southern Alberta may suffer the same fate as Western Feedlots if a local $3-per-head tax isn’t reversed. Last month, Western Feedlots — one of the country’s largest with 100,000-head capacity at its facilities near Strathmore, High River, and Mossleigh — announced that it would be winding down cattle ownership and feeding[...]
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Province ups feeder loan guarantee fund
Reading Time: < 1 minute The provincial government is increasing its loan guarantee fund to $100 million (from $55 million previously) for cattle and sheep producers buying and feeding livestock for market. The Feeder Association Loan Guarantee Program supports local, producer-run co-operatives in obtaining competitive financing. Feeder association members use the guarantee to secure capital from lending institutions to buy[...]
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