GFM Network News





After peaking in earlier October, yearling markets are now trending lower.

A few observations regarding the feeder cattle market

Market Talk with Jerry Klassen

Throughout the fall period, western Canadian calves were trading $10 to $15 below year-ago levels. Yearlings were quite firm earlier in September, reaching up to 52-week highs. After peaking in the first half of October, the yearling market has been slowly trending lower. This is counter-seasonal to price patterns we’ve seen in past years. Usually, […] Read more



Klassen: Feeder market remains firm

Feeder cattle markets experienced light volumes during the final week of December and prices were relatively unchanged compared to week-ago levels. Yearling values were slightly softer, as these cattle will not have enough time to be ready for the April fed market. Buying interest for mid-weight categories was characterized as sluggish, while light-weight bawlers were […] Read more




The Federal Reserve’s influence on cattle prices

Market Talk with Jerry Klassen

The U.S. Federal Reserve cut its key benchmark rate by 25 basis points on October 30, bringing its lending rate to the range of 1.50 per cent to 1.75 per cent. This was the third rate cut since July and it appears that Federal Reserve Chairman Powell will wait for further economic data before making […] Read more