GFM Network News



Klassen: Feeder market sends mixed signals

Compared to last week, western Canadian yearling markets were steady to $4 lower while calves were steady to $2 higher. Barley prices have jumped $3-$6 per tonne over the past week, with winter conditions hindering off-farm logistics. Alberta packers were buying fed cattle in the range of $149-$150 last week; however, in Nebraska, fed cattle […] Read more


Klassen: Buyers’ temperance subdues feeder market

Compared to last week, western Canadian yearling prices were under pressure trading steady to $3 lower; however, eastern Canadian orders were prevalent in Manitoba and eastern Saskatchewan, where values were relatively unchanged from week-ago levels. Alberta feedlot demand was subdued as the deferred live cattle futures traded to three-month lows. Most operations are holding high-priced […] Read more

Klassen: Low volumes characterize feeder cattle market

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels; however, low volumes and various-quality cattle characterized the market. It’s that time of year, when stragglers and recovering sick animals come available and discounts were quite sizeable on substandard cattle. Quality late bloomers were well bid and there was no shortage of buyers. Feedlot […] Read more


Klassen: Feeder cattle prices remain firm

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels, although larger groups of quality cattle were priced $3-$5 higher. Most auction barns reported small packages on offer with a larger variance in quality. However, there was limited slippage, even on late stragglers. Prices were rather surprising, with one producer noting that medium-frame, medium- […] Read more