File photo of cattle on pasture.(MikeEntertainment/iStock.Getty Images)

Klassen: Feeder cattle market takes defensive tone

It’s that time of year when available supplies start to decline. At the same time, demand is limited. Most backgrounding operators have sufficient numbers and demand for grassers is waning. Ontario interest was noted in Manitoba and Eastern Saskatchewan, which appeared to sustain prices near last week’s levels.




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Prairie forecast: Mild with a chance of showers

A large area of low pressure stalled out just south of the Prairies early this week, bringing some much-needed significant rains that stretched from western Manitoba through Saskatchewan and into Alberta. This low is forecasted to rapidly break down over the next day or so and make way for some nice late-spring weather.


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle experience weather market

For the week ending May 4, Western Canadian feeder cattle prices were quite variable and the market was hard to define. Alberta and certain regions of Saskatchewan received snow, which caused the market to trade $3 to $5 lower. However, in Eastern Saskatchewan and Manitoba, feeder cattle prices were steady to $3 higher.