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(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle market experiences mixed tone

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Western Canadian feeder cattle markets were rather subdued this past week; average prices were unchanged from seven days earlier. However, the bloom has come off the rose as the extreme highs from earlier in May have evaporated. Late in the week, shorter-keep cattle appeared to trade $3-$5 higher, especially on higher-quality larger groups. Major feedlot […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle market remains firm

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Western Canadian feeder cattle markets traded $3-$5 above week-ago levels although lighter weight categories experienced week-over-week gains of $8 to as much as $12. The fed cattle market went through a correction, with live sales quoted from $181 to $186, down from the last week average trade of $195. This weaker live cattle trade appeared […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle markets erupt

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Western Canadian feeder cattle markets traded $10-$13 above week-ago levels and in some cases as high as $20. Buying interest exploded early in the week as adverse weather wreaked havoc across the U.S. southern Plains. Demand for replacements continued to intensify as the fed cattle prices surged. Alberta packers experienced strong competition from buyers south […] Read more
Fall feeder cattle outlook
Finishers, Market talk, Markets

Fall feeder cattle outlook

Market Talk with Jerry Klassen, from the April 2017 issue of Canadian Cattlemen

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Feeder cattle prices have been percolating higher since November 2016 and I’ve received many inquiries regarding the price outlook for the fall of 2017. The U.S. cattle herd is moving through an aggressive expansionary phase while the Canadian cattle inventory has remained relatively stagnant. The year-over-year increase in feeder cattle numbers south of the border […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle upward trend stalls

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Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Noticeable slippage was noted in shorter-keep cattle while lighter weight categories experienced spurts of $2-$3 above last week’s prices. Alberta packers were buying fed cattle at $292 on a dressed basis, up about $4-$6 from week-ago levels. However, auction rings experienced a subdued tone […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Healthy margins drive feeder complex

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Western Canadian feeder cattle markets traded steady to $5 higher compared to week-ago levels. Buyers were quite meticulous on flesh levels and quality features in the heavier weight categories; however, feedlot operators were definitely more aggressive this week. Major operations have liquidated a fair amount of fed cattle and these players are anxious to reload […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle drop on cautious feedlot demand

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Western Canadian feeder cattle markets traded $3 to as much as $8 below week-ago levels as feedlot managers anticipate growing beef supplies during the late spring and summer. Heavier weight categories absorbed the brunt of the selling pressure, with backgrounding operators liquidating fall-placed calves. Certain groups of higher-quality heifers held value with the purpose of […] Read more

Canadian Cattlemen Presents: Depth of Field

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