GFM Network News






Beef production will likely be slightly below year-ago levels during the latter half of 2020.

Fed cattle market outlook

Market Talk with Jerry Klassen

Alberta fed cattle prices reached up to $275 on a dressed basis during the first half of January but have since come under pressure. At the time of writing this article at the end of January, Alberta packers were showing bids in the range of $262 to $265 delivered. April live cattle futures reached contract […] Read more








Feed barley outlook

Market Talk with Jerry Klassen

I’ve received many inquiries from feedlot and backgrounding operators regarding the price outlook for feed barley. The Western Canadian feed grains complex made seasonal lows during September of 2019. Lethbridge area feedlots were buying feed barley at just under $200/mt delivered. However, the market started to ratchet higher during October. Adverse weather and the delayed […] Read more

Klassen: Feeder market remains under pressure

Compared to last week, western Canadian feeder cattle prices were steady to $3 lower in Alberta while prices eroded by $2-$5 in Saskatchewan and Manitoba. Noticeable weakness was evident in yearling prices, while grass cattle experienced limited slippage. Backgrounding operators are starting to liquidate fall-placed calves. Quality was quite variable, with fleshier cattle experiencing sharper […] Read more