Western Canadian feeder cattle prices experienced extremely aggressive buying interest this past week. Feeder cattle in the 700-pound-plus category were trading $2 to as much as $8 higher in some cases, while lighter-weight cattle were steady to $5 above week-ago levels. I was extremely surprised by prices and comments after the dismal January market behaviour. […] Read more
Klassen: Renewed buying interest drives feeder market
Klassen: Feeder cattle market turning over
Western Canadian feeder cattle prices were very uneven over the past week. Market reports from the major feeding regions reflected values steady to $3 higher, while other reports were steady to $5 lower. Gains were noted on cattle under 500 pounds, such as in central Alberta, where a small group of exotic and Charolais-based steers […] Read more
Klassen: Feeder cattle experience volatile price action
Western Canada’s feeder cattle prices traded in an volatile fashion this past week due to uncertain economics and beef demand uncertainty. Early in the week, auction barns were reporting values steady with week-ago levels; however, buying enthusiasm started to wane by Wednesday and prices were $3-$5 per hundredweight (cwt) lower by the weekend. Feedlot operators […] Read more
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