steers Archives | Alberta Farmer Express

CME September 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Klassen: Strong demand underpins yearlings

By Jerry Klassen, GFM Network News August 4, 2020

Compared to last week, yearlings traded steady to $4 higher on average; calves traded $2-$4 lower, although light volumes made the market hard to define. All eyes were on feeder cattle futures, which closed up nearly $4 for the week. This set the direction in Western Canada. Auction barns in Manitoba and Saskatchewan remain in […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market drawing attention

By Jerry Klassen, GFM Network News July 28, 2020

Compared to last week, Western Canadian yearling prices were $2 to $4 higher while calf markets traded $2 to $4 on either side of unchanged. U.S. prices were also up $2 to $4 which lent support to Canadian domestic values. Volumes remain thin across the prairies; many producers are busy with silage operations and pasture […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market banks on fed cattle recovery

By Jerry Klassen, GFM Network News May 12, 2020

Compared to last week, western Canadian yearling prices were $4 higher to $4 lower, with the exception of southern Alberta where quality packages were unchanged to $6 higher. Calves and grass cattle traded $2 lower to as much as $5 higher. Certain auctions in Western Canada reported calves trading $4 to as much as $8 […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market digesting lower beef demand

By Jerry Klassen, GFM Network News March 17, 2020

Compared to last week, western Canadian yearling prices were down $12-$18; mid-weight calves were down $10 to as much as $15 while calves under 550 lbs. were down $4-$8. The market is incorporating a risk discount due to uncertainty in beef demand for the second and third quarters of 2020. Feedlot margins are in negative […] Read more

An image created by Nexu Science Communication, together with Trinity College in Dublin, shows a model structurally representative of a betacoronavirus, the type of virus linked to COVID-19. (Nexu Science Communication via Reuters)

Beef Cattle, Finishers, Livestock, Markets

Klassen: Coronavirus fears weigh on feeder markets

By Jerry Klassen, GFM Network News March 3, 2020

Western Canadian feeder prices were not immune to the meltdown of financial and commodity markets last week. Buyers appeared to incorporate a risk discount due to uncertainty in beef demand over the next few months. Compared to last week, larger groups of quality yearlings traded $3-$5 lower while smaller packages were down $4 to as […] Read more

Finishers, Livestock, Markets

Klassen: Calves remain firm while yearlings falter

By Jerry Klassen, GFM Network News February 25, 2020

Compared to last week, western Canadian yearling markets traded $3-$5 lower while calves and grassers traded within $5 on either side of unchanged. Calves were extremely variable with similar weight cattle sometimes trading $6-$8 apart at the same sale. Supplies of calves coming on the market appear to be lower than last year. This may […] Read more

Finishers, Livestock, Markets

Klassen: Calf prices divorce from yearling markets

By Jerry Klassen, GFM Network News February 18, 2020

Compared to last week, yearling prices were steady to as much as $4 lower depending on the region in Western Canada. Alberta packers were buying fed cattle at an average price of $252 on a dressed basis, down $6-$8 from last week and down about $20 from the last week of January. Weakness in fed […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market lacks buying interest

By Jerry Klassen January 29, 2020

Compared to last week, western Canadian feeder cattle markets traded $2-$5 lower on average. Values in Alberta were relatively unchanged but markets in the eastern Prairie regions appeared to trade $4 to as much as $6 below week-ago levels. Alberta yearlings were relatively unchanged, but noticeable slippage was noted in the non-major feeding regions. Feedlots […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market starts 2020 on steady tone

By Jerry Klassen January 14, 2020

Compared to last week, short-keep replacement cattle and feeders in the mid-weight categories were steady to $3 lower on average; feeder cattle under 600 lbs. traded $2 lower to as much as $5 higher. Featherlight calves remain strong trading at similar levels to late December. Most auction markets resumed their regular sales schedules last week. […] Read more

CME January 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Finishers, Livestock, Markets

Klassen: Feeder cattle edge higher on improving margins

By Jerry Klassen December 3, 2019

Compared to last week, western Canadian yearlings were $2-$3 higher; calf prices were $2 to as much as $4 higher; calves under 600 lbs. were $4 to as much as $10 higher in some cases. February and April live cattle futures appear to be incorporating a risk premium due to the uncertainty in beef production […] Read more

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GFM Network News

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Tag Archives steers

Klassen: Strong demand underpins yearlings

Klassen: Feeder cattle market drawing attention

Klassen: Feeder market banks on fed cattle recovery

Klassen: Feeder market digesting lower beef demand

Klassen: Coronavirus fears weigh on feeder markets

Klassen: Calves remain firm while yearlings falter

Klassen: Calf prices divorce from yearling markets

Klassen: Feeder market lacks buying interest

Klassen: Feeder market starts 2020 on steady tone

Klassen: Feeder cattle edge higher on improving margins

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