cattle markets Archives | Canadian Cattlemen

Klassen: Feeder market continues to soften

By Jerry Klassen, GFM Network News 6 days ago

Compared to last week, western Canadian feeder cattle markets traded $3-$5 lower on average with some auctions down $5 to as much as $8. Alberta packers were buying fed cattle on a dressed basis at $258 delivered, down $15 from the April highs. Feeding margins have slid into negative territory quite rapidly and could be […] Read more

Finishers, Livestock, Markets

Klassen: Alberta demand drives feeder market higher

By Jerry Klassen, GFM Network News April 16, 2019

Compared to last week, western Canadian yearling prices were $2-$4 higher while calves were relatively unchanged. Stronger fed cattle prices in the deferred positions along with lower new-crop barley values resulted in a firmer tone. We’re in the last half of April and quality cattle will be hard to come by in 30 days; this […] Read more

The feeder cattle market is anticipating a surge in feedlot placements during the spring.

Feed markets, Market talk, Markets

A few observations on the feeder cattle market

Market Talk with Jerry Klassen

By Jerry Klassen April 11, 2019

Over the past month, I’ve received inquiries about the market outlook for feeder cattle. During February and March, yearling prices were grinding lower while the market for calves was near 52-week highs. There was a clear divorce in the price structure between the heavier and lighter weight categories. Therefore, I thought this would be a […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market incorporates risk premium

By Jerry Klassen, GFM Network News April 9, 2019

Fed and feeder cattle markets have incorporated a risk premium due to the uncertainty in beef production. Adverse weather has plagued much of the U.S. Midwest over the past couple of months and the six- to 10-day forecast calls for above-normal precipitation. Compared to last week, western Canadian yearling markets traded $2-$3 higher on average […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market balancing many variables

By Jerry Klassen, GFM Network News April 2, 2019

Compared to last week, western Canadian yearling markets traded steady to $3 higher while calves were $4 lower to $5 higher depending on the region. Weakness in the live and feeder cattle futures contributed to the variable price structure; however, Alberta packers were buying fed cattle in the range of $268-$270 on a dressed basis, […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market incorporates risk premium following U.S. floods

By Jerry Klassen, GFM Network News March 29, 2019

Compared to the previous week, western Canadian feeder cattle sold steady to $4 higher the week ending March 23. Favourable spring weather enhanced demand for yearlings from major finishing operations; Lethbridge-area markets were notably $3-$5 higher as feedlots focused on local cattle. While feeding margins remain in negative territory, strength in the deferred live cattle […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market continues consolidation pattern

By Jerry Klassen, GFM Network News March 18, 2019

Compared to last week, western Canadian feeder cattle markets traded $3-$5 on either side of unchanged. The market was quite variable across the Prairies. Demand from south of the border evaporated due to adverse weather while southern Alberta experienced favourable spring conditions. Alberta packers were buying fed cattle at $260 on a dressed basis, up […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market sends mixed signals

By Jerry Klassen, GFM Network News March 5, 2019

Compared to last week, western Canadian yearling markets were steady to $4 lower while calves were steady to $2 higher. Barley prices have jumped $3-$6 per tonne over the past week, with winter conditions hindering off-farm logistics. Alberta packers were buying fed cattle in the range of $149-$150 last week; however, in Nebraska, fed cattle […] Read more

Finishers, Livestock, Markets

Klassen: Winter conditions weigh on feeder market

By Jerry Klassen, GFM Network News February 25, 2019

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. The major feeding regions from Alberta to the U.S. Midwest and southern Plains have all experienced severe storms and extreme temperatures. The forecast for southern Alberta calls for lows of -25 to -32 C over the next seven days. Auction markets have a few […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle succumb to negative margins

By Jerry Klassen, GFM Network News February 11, 2019

Alberta fed cattle prices have dropped nearly $15 over the past three weeks. Feedlot margins are deep in red ink, with losses amounting to $200-250 per head. Compared to last week, yearlings and calves over 700 lbs. traded $3-$5 lower; calves under 700 lbs. were down $5-$8 with some feeder markets in Alberta dropping as […] Read more

U.S. livestock: Live cattle rise as Japan drops U.S. beef import curbs

Japan opens doors to full access of U.S. beef imports

U.S. grains: Corn extends rally, wheat touches six-week high

GFM Network News

U.S. livestock: Live cattle rise as Japan drops U.S. beef import curbs

Japan opens doors to full access of U.S. beef imports

U.S. grains: Corn extends rally, wheat touches six-week high

Tag Archives cattle markets

Klassen: Feeder market continues to soften

Klassen: Alberta demand drives feeder market higher

A few observations on the feeder cattle market

Klassen: Feeder market incorporates risk premium

Klassen: Feeder market balancing many variables

Klassen: Feeder market incorporates risk premium following U.S. floods

Klassen: Feeder market continues consolidation pattern

Klassen: Feeder market sends mixed signals

Klassen: Winter conditions weigh on feeder market

Klassen: Feeder cattle succumb to negative margins

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending May 17, 2019.

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