For the week ending April 19, Western Canadian feeder cattle markets traded $2 to $3 above week-ago levels. Many auction barns did not have sales due to Good Friday but sale volumes were also smaller at active locations.
Klassen: Fall fed cattle supply concerns strengthen feeder complex
Klassen: Feeder market returns to historical highs
For the week ending April 12, Western Canadian feeder cattle markets traded stead to as much as $10 higher compared to seven days earlier. The market has fully recovered from U.S. tariff uncertainty. Strength in the fed cattle market and healthy feeding margins continue drive replacement prices upward.
Klassen: Feeder market experiences volatility during U.S. tariff week
During the week ending April 5, the feeder market felt sluggish early in the week. Prices were a bit softer on Monday and by Wednesday morning, quoted values were $10 to as much $20 below week ago levels. After making weekly lows Wednesday, prices fully recovered to the previous week’s levels.
Corn and barley feed market outlook
Market Talk with Jerry Klassen
Feedlot operators and feed grain traders are focusing on new crop production. The USDA held their annual Agriculture Outlook Forum on February 27 and they expect U.S. farmers to increase corn planted area by 3.4 million acres. In Canada, traders and government analysts are expecting a year-over-year increase in barley acres from three per cent […] Read more
Klassen: Healthy feedlot margins supports feeder complex
For the week ending March 29, Western Canadian feeder cattle markets traded $5/cwt lower to $5/cwt higher compared to seven days earlier. The price structure was largely determined by the crowd's mindset regarding potential U.S. tariffs.
Klassen: Feeder cattle follow live cattle futures higher
For the week ending March 22, Western Canadian feeder cattle markets traded steady to $5 higher on average. Higher quality strings under 600 pounds traded $5 to as much as $10 higher in some cases but the lighter weight categories were quite variable across the Prairies.
Klassen: Feeder cattle market jumps back to historical highs
For the week ending March 15, Western Canadian feeder cattle markets traded $8-$12 higher compared to seven days earlier. Prices fully recovered from the prior week with values quoted at or near historical highs. Finishing feedlots were aggressive across all weight categories due to strength in the nearby and deferred live cattle futures. Once again, […] Read more
Klassen: Tariff drama results in volatile feeder cattle market
For the week ending March 7, there were two distinct price structures. On Monday, March 3, feeder cattle prices were relatively unchanged from the previous week. However, once the U.S. implemented tariffs for Canadian cattle on March 4 , feeder cattle markets dropped by $10-$15/cwt on average.
Klassen: Feeders remain firm despite tariff uncertainty
For the week ending March 1, Western Canadian feeder markets traded steady to $6 higher compared to seven days earlier. Despite expected tariffs, there was no fear to secure ownership.
Tariff influence on beef and cattle prices
At the time of writing this article, there are no U.S. tariffs on Canadian beef or cattle. Over the past month, I’ve been overwhelmed with calls some days from producers asking about the influence of a U.S. tariff on prices for finished cattle and feeders. We all dreaded courses on Agriculture Trade and Policy in […] Read more
