Finishers , Latest & Featured | Canadian Cattlemen

Klassen: Cattle producers facing drought-like conditions

By Jerry Klassen, GFM Network News 2 days ago

Alberta packers were buying fed cattle on a dressed basis in the range of $262-$265 delivered this past week. Using a 60 per cent grading, the live price would be in the range of $157-$159. If a feedlot booked the bulk of its feed grains earlier in winter, feeding margins are now hovering in positive […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle divorce from futures’ direction

By Jerry Klassen, GFM Network News April 27, 2021

Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Higher-quality yearlings and calves were steady to $4 higher in Alberta and Saskatchewan; in Manitoba, yearlings traded $2-$4 lower while calves were $3-$5 higher. Domestic cattle markets appeared to divorce from feeder and live cattle futures. June live cattle futures finished the week […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle markets experience volatility

Beef prices encourage slaughter pace

By Jerry Klassen, GFM Network News April 21, 2021

Compared to the previous week, western Canadian feeder cattle markets traded $3-$4 on either side of week-ago levels. Prices were quite variable across the Prairies with four main factors influencing buyer sentiment. First, the eastern Prairie regions experienced adverse winter weather. Auction barns in Manitoba and eastern Saskatchewan had smaller volumes on offer. Buyers shied […] Read more

CME August 2021 feeder cattle (candlesticks) with Bollinger bands (20,2) and 100-day moving average (black line). (Barchart)

Finishers, Livestock, Markets

Klassen: Stronger demand drives feeder market

By Jerry Klassen, GFM Network News April 13, 2021

Compared to last week, western Canadian yearling prices were $3 to as much as $6 higher, but calf prices were relatively unchanged. Major feedlot operators were very aggressive on heavier calves and yearlings weighing 700-850 lbs. Yearlings over 850 lbs. were also well bid but not as strong as their lighter-weight counterparts. Feed barley prices […] Read more

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Finishers, Livestock, Markets

Klassen: Feeder market digests USDA acreage report

By Jerry Klassen, GFM Network News April 6, 2021

Compared to last week, western Canadian feeder cattle markets were relatively unchanged. Lower flesh yearlings appeared to trade $2-$3 higher in certain pockets of Alberta but replacements carrying excessive butter experienced severe discounts of $6 to as much as $10 in some cases. October and December live cattle futures made fresh contract highs, which underpinned […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market exhibits defensive tone

By Jerry Klassen, GFM Network News April 1, 2021

March 30 — Compared to the previous week, western Canadian feeder cattle markets traded steady to $3 lower on average. Alberta packers were buying fed cattle on a dressed basis in the range of $245-$249 delivered, down from the average value of $250 seven days earlier. Deteriorating feeding margins set a negative tone for the […] Read more

CME May 2021 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Finishers, Livestock, Markets

Klassen: Feeder market remains volatile

Feed grain values remain firm

By Jerry Klassen, GFM Network News March 24, 2021

Last week, western Canadian yearling markets were traded $2-$4 above week-ago levels from Monday through Wednesday; however, buyers backed away from the market on Thursday and Friday as feeder cattle futures fell nearly $7 from Wednesday’s high. By the end of the week, yearlings were relatively unchanged from week-ago levels. Calf prices were relatively flat […] Read more

Finishers, Livestock, Markets

Klassen: Uncertain feed grain market weighs on feeder cattle

By Jerry Klassen, GFM Network News March 16, 2021

Compared to last week, western Canadian feeder cattle prices were quite variable. Certain reports had yearling markets trading $3 on either side of unchanged while in southern Alberta, prices were down $2-$4 on average. Calves weighing 600 to 750 lbs. were $4 lower to $4 higher and feeders under 600 lbs. were steady to $3 […] Read more

Finishers, Livestock, Markets

Klassen: Deferred live cattle futures pull feeder market higher

By Jerry Klassen, GFM Network News March 9, 2021

Compared to last week, western Canadian yearling markets traded $5 lower to $3 higher while calves under 600 lbs. were $2 to as much as $7 higher. Yearlings were somewhat sluggish in the eastern Prairie regions, as feedlot operators in Alberta focused on local cattle. Fleshier backgrounded cattle are coming on the market at this […] Read more

Finishers, Livestock, Markets

Klassen: Steady demand supports feeder cattle prices

By Jerry Klassen, GFM Network News March 2, 2021

Compared to last week, western Canadian yearling prices were unchanged while calves were steady to $2 higher on average. Auction barns received larger supplies of backgrounded cattle and there was a fair amount of direct trade of yearlings off farm. Larger supplies of heavier-weight feeders appeared to limit the upside but there was no slippage. […] Read more

U.S. grains: Corn exceeds eight-year high on global supply worries

U.S. livestock: Hogs rally again on pork prices, supply woes

New Nutrien CEO to carry out current strategy

GFM Network News

U.S. grains: Corn exceeds eight-year high on global supply worries

U.S. livestock: Hogs rally again on pork prices, supply woes

New Nutrien CEO to carry out current strategy

Finishers

Klassen: Cattle producers facing drought-like conditions

Klassen: Feeder cattle divorce from futures’ direction

Klassen: Feeder cattle markets experience volatility

Klassen: Stronger demand drives feeder market

Klassen: Feeder market digests USDA acreage report

Klassen: Feeder cattle market exhibits defensive tone

Klassen: Feeder market remains volatile

Klassen: Uncertain feed grain market weighs on feeder cattle

Klassen: Deferred live cattle futures pull feeder market higher

Klassen: Steady demand supports feeder cattle prices

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