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CME April 2023 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

Klassen: April live cattle futures pull nearby cash feeder market higher

More feedlots switching back to barley

By Jerry Klassen, GFM Network News September 13, 2022

Compared to last week, western Canadian yearling markets traded steady to $3 higher on average. Quality yearling packages of larger volume traded $2-$3 above week-ago levels. The calf market is becoming more defined. Larger calf volumes were on offer in Saskatchewan and Manitoba but smaller numbers were noted in Alberta. Therefore, we can’t accurately compare […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market ratchets higher

By Jerry Klassen, GFM Network News September 6, 2022

Compared to last week, western Canadian yearling prices markets traded $2-$5 higher on average. Calves were quite variable. This was the first week when larger groups of calves were featured on the internet sales. Prices on the internet appeared to be significantly stronger than smaller groups under 10 head moving through auction rings. Feedlot operators […] Read more

Finishers, Livestock, Markets

Klassen: Feeder markets digest StatCan data

Barley crop expected up 34 per cent on year

By Jerry Klassen, GFM Network News August 30, 2022

Compared to last week, western Canadian yearling markets traded steady to $2 higher. Yearling prices have strengthened by $8-$10 over the past four weeks. Calf values were relatively unchanged but the market was hard to define due to limited volumes. Alberta packers were buying on a dressed basis from $300 to $302 delivered, up $1-$2 […] Read more

Finishers, Livestock, Markets

Klassen: Stronger fed market supports feeder complex

By Jerry Klassen, GFM Network News August 23, 2022

Compared to last week, western Canadian yearling markets traded $2-$4 higher on average. Heavier calves over 700 lbs. continued to climb, notching gains of $2-$4. Calves weighing 500-700 lbs. were $4 to as much as $7 higher. This past week, there was a light test of calves under 500 lbs.. Prices were near historical highs […] Read more

Finishers, Livestock, Markets

Klassen: Hot demand sustains yearling market

By Jerry Klassen, GFM Network News August 16, 2022

Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged. Heavier calves over 700 lbs. were quoted $2-$4 higher on average. Calves under 700 lbs. were quite variable. There were limited numbers on offer in the lighter weight categories and the market remains in price discovery mode. Larger strings of […] Read more

Finishers, Livestock, Markets

Klassen: Alberta yearling market makes fresh 52-week high

By Jerry Klassen, GFM Network News August 9, 2022

The western Canadian feeder cattle market is in price discovery mode. There was a light test of yearlings and calves this past week, with prices setting fresh 52-week highs. New-crop supplies of grass cattle are coming on the market from drier pockets of Alberta. At the same time, regular feedlot backgrounded replacements are trading at […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market experiences calm before upcoming storm

By Jerry Klassen, GFM Network News July 26, 2022

Compared to last week, western Canadian feeder cattle markets traded $2-$4 on either side of unchanged. Once again, overall volumes were limited, with small strings and singles moving through auction barns. The quality was quite variable and offbeat stragglers were quite common. Buyers incorporate a risk discount on these cattle; therefore, prices do not represent […] Read more

Finishers, Livestock, Markets

Klassen: Tighter fundamentals support feeder complex

By Jerry Klassen, GFM Network News July 19, 2022

Compared to last week, western Canadian yearling prices were steady to $2 higher on average while calf markets were up $2-$4. There was an increase in activity over the past week, although many auction barns remain in holiday mode. Major feedlot operators in southern Alberta were extremely aggressive on yearlings fresh off grass and this […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market adjusts for lower barley prices

By Jerry Klassen, GFM Network News July 12, 2022

Compared to last week, western Canadian yearling prices climbed $2-$4 on average. Calf markets were unchanged. For the second week in a row, the market was hard to define due to limited numbers on offer. Small packages under five head and single stragglers were common. Larger groups of green thin yearlings were well bid by […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle trade at 52-week highs

New-crop feed grain values under pressure

By Jerry Klassen, GFM Network News July 5, 2022

Compared to last week, western Canadian yearlings traded steady to $2 higher with exceptional demand noted on steers over 700 pounds. Calf values were mixed in Alberta with markets trading $2-$4 on either side of unchanged; however, prices were steady to $4 higher in Saskatchewan and Manitoba. Small groups of various quality characterized the feeder […] Read more

U.S. grains: Soybean futures set two-week high on US weather worry, soyoil rally

Alberta Crop Report: Rains in the south, dryness in the north

Agriculture ministers agree to AgriStability changes

Daily Network News

U.S. grains: Soybean futures set two-week high on US weather worry, soyoil rally

Alberta Crop Report: Rains in the south, dryness in the north

Agriculture ministers agree to AgriStability changes

Finishers

Klassen: April live cattle futures pull nearby cash feeder market higher

Klassen: Feeder market ratchets higher

Klassen: Feeder markets digest StatCan data

Klassen: Stronger fed market supports feeder complex

Klassen: Hot demand sustains yearling market

Klassen: Alberta yearling market makes fresh 52-week high

Klassen: Feeder market experiences calm before upcoming storm

Klassen: Tighter fundamentals support feeder complex

Klassen: Feeder cattle market adjusts for lower barley prices

Klassen: Feeder cattle trade at 52-week highs

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