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Klassen: Positive fed outlook buoys feeder market
Livestock, Markets

Klassen: Positive fed outlook buoys feeder market

Market telling producers to own lighter cattle sooner rather than later

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Western Canadian feeder cattle prices for 800-pound plus cattle were $2/cwt to $4/cwt higher on average for the week ending January 27. Feeders in the 500-800-pound category were up $3/cwt to $6/cwt with higher quality groups up as much as $10/cwt in some cases. Feeders 500 pounds and lower were unchanged from seven days earlier.
CME live cattle LEJ24 on Jan. 29 with Bollinger bands. (Barchart)
Markets, Reuters

U.S. livestock: CME cattle futures ease on profit-taking after 2-1/2-month peak

Lean hog futures ended modestly higher; firm cash hog prices lent support

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CME April live cattle futures LCJ24 settled down 0.450 cent at 181.225 cents per pound, retreating after rising to 183.450 cents, the contract's highest point since Nov. 7. Last week's firm cash cattle prices and technical buying underpinned the market, traders said.
(Photo courtesy Canada Beef Inc.)
General

CCA disappointed, not surprised by breakdown in trade talks

Yesterday, federal officials said bilateral negotiations with the UK had been paused amid unhappiness on both sides

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The Canadian Cattle Association says it's disappointed but not surprised by the UK's decision to pause talks on its free trade deal with Canada. “CCA has been following the bilateral negotiations closely and has been concerned at the lack of ambition and cooperation from the UK in these negotiations," said Nathan Phinney, the CCA's president, in a news release late yesterday.
(WPohlDesign/iStock/Getty Images)
Beef Cattle, Livestock, Markets

Klassen: Feeder market holds value despite negative margins

U.S. demand limited with colder temperatures in Midwest

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Calf markets appeared to trade $2 to $3 above week-ago levels on average. Feedlot margins on current pen close-outs are negative $300 to $350 per head but replacement markets haven’t missed a beat. Finishing feedlots were once again bidding aggressively on backgrounded cattle with fleshier types experiencing limited slippage. Larger pen sized groups were on the higher end of the priced spectrum with buyers avoiding smaller packages.
Photo: File
Livestock

Beef marks GHG drop: report 

Assessment reveals industry has reduced emissions by 15 per cent 

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Producing a kilogram of boneless beef cuts today involves 15 per cent fewer greenhouse gas emissions than in 2014, according to the recently released National Beef Sustainability Assessment (NBSA) and Strategy report.
Cattle use round bales as a wind break. (NDSU photo)
Beef Cattle, Markets

Klassen: Yearling return to the lineup on strong demand

Frigid temperatures result in limited volumes

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The market hasn’t missed a beat and started the year where it left in December. The only difference is there are larger supplies of yearlings coming on stream. The benchmark levels had backgrounded steers averaging 1,000 pounds trading from $280-$285/cwt with top bids rounding at $290/cwt. Steers averaging 850-pounds were averaging $300/cwt with top-notch larger groups peaking at $305.

Canadian Cattlemen Presents: Depth of Field

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AGCanadaTV: In case you missed it; your national ag news recap for Aug. 22, 2025

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