GFM Network News





Klassen: Feeder prices ratchet higher

Compared to last week, western Canadian yearling markets traded $3-$5 higher on average; however, there were a few feature sales quoted $8 to as much as $10 above week-ago levels. Finishing feedlots were fairly aggressive on backgrounded cattle, which was the main source of yearlings last week. Early grassers are starting to come on the […] Read more



Klassen: Feeder market enters summer doldrums

Compared to last week, western Canadian feeder cattle markets traded steady to $5 lower on average. Small volumes were available last week, which distorted the price structure. Many feedlot hands will rotate holidays through July; therefore, feedlot operators don’t want to bring in fresh replacements with a skeleton staff. Recent rains across Saskatchewan and Alberta […] Read more



Feeder cattle futures moved sharply lower at the start of May.

McMillin: Cattle prices see sharp decline

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

Fed cattle Fed cattle prices have seen a sharp price decline over the past couple of weeks. Current fed steer prices are averaging $150.88/cwt, which is a decrease of $11.55/cwt over the past three weeks. Pressure in May is typical following the spring high in the fed market. While barbecue season is just getting started, […] Read more