(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market grinds lower

Compared to last week, western Canadian feeder cattle prices traded $4-$6 lower; however, yearlings and heavier calves experienced a week-over-week decline of $4 to as much as $8 with significant weakness noted in the eastern Prairie regions. Finishing feedlots continue to sit on their hands. Order buyers were active on a scale-down basis and surprised […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Fed cattle market leads feeders higher

Alberta packers were buying fed cattle in the range of $280-$282 delivered on a dressed basis, which equates to $168-$171 on a live basis. Yearlings bought last summer are bringing back $150-$180 margin, which has reinforced buying enthusiasm. Western Canadian yearlings traded $3 to as much as $8 above week-ago levels; calves were relatively unchanged […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market ends 2017 on positive tone

Compared to last week, western Canadian feeder cattle markets traded $2 to as much as $6 higher. Moderate to stronger buying interest was noted across the Prairies. Once again, feedlot operators were fairly aggressive on quality yearling packages; semi-weaned and weaned calves were a solid $3-$5 higher while unweaned lighter calves experienced minimal price appreciation. […] Read more




(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market falters

Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $6 lower. Alberta feeder cattle prices appeared to move in line with major U.S. markets, which were also down $3-$5 from week-ago levels; however, minimal slippage was noted in eastern Saskatchewan and Manitoba. Weakness in deferred live and feeder cattle […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle climb as cash prices seen rising

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Monday as profitable packer margins and firm beef prices fueled expectations that cash cattle would trade at higher prices this week. December live cattle finished up 1.25 cents/lb. at 119.825 cents after holding chart-based support at the 50-day moving average around 118.675 (all […] Read more