GFM Network News

Cattle feeder Rick Paskal, pictured with wife Diana, is worried about competing with U.S. feedlots if Lethbridge County’s $3-per-head tax
isn’t reversed.

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 […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Prolonged negative margins weigh on feeder market

Western Canadian feeder cattle prices traded $5-$10 lower last week, with certain auction barns experiencing a week-over-week decline of $15. After 15 months of devastating margins, feedlots have thrown in the towel. If one of the largest, most sophisticated and efficient feedlots shuts the doors, the smaller players are wondering what they’re doing in this […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market experiences mixed tone

Western Canadian feeder cattle markets experienced a diverse tone across the Prairies, with notable buying interest surfacing on yearlings. Compared to seven days earlier, prices for yearlings in southern Alberta were $5-$7 higher on average, as feedlots focused on purchasing local cattle. In southern Alberta, larger-frame lower-flesh black steers weighing 900 lbs. were quoted at […] Read more

(Photo courtesy Canada Beef Inc.)

Major Alberta cattle feeder set to shut feedlots

Reuters — One of Canada’s biggest cattle feeding operations, Western Feedlots, said Wednesday it will close feeding operations after marketing the cattle it currently owns, due to poor market conditions. Closure of Western’s feeding operations, likely early in 2017 once its current cattle are sold, will make it more difficult for ranchers to find markets […] Read more