Western Canadian feeder cattle prices were steady to $1 higher last week while U.S. prices were $1 to $3 higher. The weaker Canadian dollar enhanced demand from south of the border and domestic buying interest also resurfaced. Buyers searching for grass cattle were out in full force, competing with aggressive feedlot interests. CanFax reported April […] Read more
Klassen: Feeder cattle trend remains intact
Klassen: Feeder cattle comfortable near historical highs
Feeder cattle in Western Canada held value last week despite the Canadian dollar dipping to 12-week lows. Demand for grass cattle has subsided as many farmers are preparing to start seeding. Secondly, there is a fair amount of uncertainty in the world and feedlot operators chose to sit on their hands last week. The media […] Read more
Klassen: Upward trend continues on feeder cattle
The upward trend continues in feeder cattle as prices were once again $3 to $5 per hundredweight (cwt) higher last week. Rain across Western Canada has renewed buying interest for grass cattle. Farmers with any significant amount of pasture are now shopping for feeder cattle. The optimistic outlook for fed cattle has also brought the […] Read more
Feeder Cattle Outlook
I’ve had many calls over the past few weeks regarding the outlook for feeder cattle. U.S. feeder cattle prices appear to be reaching historical highs while Canadian prices have been rather stagnant throughout the winter and early spring. Producers are wondering when their local market will catch up to values south of the border. Ranchers […] Read more
Klassen: Man., Sask. feeder prices jump
April 26 — Feeder cattle prices in Manitoba and eastern Saskatchewan jumped by $4-$7 per hundredweight (cwt) last week. Buying interest for grass cattle skyrocketed after the snowfall in southern Alberta along with the rains in central Saskatchewan. U.S. grass cattle supplies are also tightening, improving the export program. April feeder cattle exports are on […] Read more
Klassen: Feeder prices slowly climb, exports improve
April 20 — Alberta feeder prices have climbed $10-$12 per hundredweight (cwt) since the first week of February. The market has done a good job of absorbing the larger supplies due to the slower export pace. Feedlot placements in Alberta and Saskatchewan during March were up 16 per cent over year-ago levels. This increase follows […] Read more
Klassen: U.S. feeder prices surge, Canadian prices ratchet higher
April 13 — U.S. feeder cattle are within reach of historical highs; strong feedlot competition along with tighter available supplies have resulted in prices surging $10 per hundredweight (cwt) in April. The U.S. Department of Agriculture reported the highest prices for six-weight steers in Nebraska brought back $138/cwt. Feedlots are being more aggressive with replacement […] Read more
Klassen: Feeders steady/higher on weaker feedgrains
April 6 — Feeder cattle prices in Western Canada were steady to $2 per hundredweight (cwt) higher last week while U.S. prices were $2 to $4 higher. The feeder market had a firmer tone after the U.S. Department of Agriculture’s prospective plantings and stocks report. U.S. farmers intend to seed 88.798 million acres of corn […] Read more
Klassen: Feeder cattle prices slowly climbing
March 29 — Improving feedlot margins and a slight dip in the Canadian dollar caused feeder cattle prices to ratchet higher last week. Slaughter cattle prices reached yearly highs and we are seeing this strength spill over into the feeder cattle complex. Supplies are still readily available and some cow/calf producers are liquidating cattle now […] Read more
Klassen: Feeder cattle prices consolidate
March 22 — Feeder cattle prices in Western Canada appear to be consolidating. Auction market volumes are 10 to 15 per cent above last year, reflecting the burdensome supply situation. Alberta and Saskatchewan feedlot placements during February were up 19 per cent over last year; however, marketings were down nine per cent in comparison to […] Read more
Canadian Cattlemen Presents: Depth of Field
