GFM Network News


Good beef demand in 2019 supports fed cattle prices

The Markets with Deb McMillin, from the January 2020 issue of Canadian Cattlemen

Fed Cattle Demand has been key in 2019. Good beef demand in both Canada and the U.S. has supported fed cattle prices throughout the year. Fed prices rallied again in November and early December in Western Canada. Support coming from tighter front-end supply and growing holiday demand led to a 13 per cent increase in […] Read more

Klassen: Feeder market remains firm

Feeder cattle markets experienced light volumes during the final week of December and prices were relatively unchanged compared to week-ago levels. Yearling values were slightly softer, as these cattle will not have enough time to be ready for the April fed market. Buying interest for mid-weight categories was characterized as sluggish, while light-weight bawlers were […] Read more






Fed cattle prices seen higher on sustained demand

The Markets with Deb McMillin, from the December 2019 issue of Canadian Cattlemen

Fed cattle The last two weeks have seen fed cattle prices pushed higher by continued demand, the re-opened border, higher cut-out values and reduced supplies. Seasonally, fed prices are responding to demand for middle meats as buyers look towards their holiday needs in the coming month. At the same time, China announced that it has […] Read more





Klassen: Steady demand seen for all feeder cattle

Compared to last week, Western Canadian feeder cattle prices were relatively unchanged.  Yearlings supplies were limited in certain regions which caused buyers to shrug off fleshier characteristics in some cases; however, heavier yearlings over 950 pounds were somewhat softer. Finishing feedlots appeared to be more aggressive on heavier, vaccinated or pre-conditioned calves. Many auction barns […] Read more

Understanding the Commitment of Traders Report

Market Talk with Jerry Klassen

Who is long? Who is short? How much of each? This is one of the most valuable pieces of information when analyzing the futures market. The Commodity Futures Trading Commission (CFTC) publishes the Commitment of Traders Report every Friday. The report shows the futures position of larger traders as of the previous Tuesday. It’s important […] Read more