(USDA.gov via Flickr)

Klassen: Feeder cattle markets digest USDA inventory report

Western Canadian feeder cattle markets traded $5 higher to as much as $10 lower compared to week-ago levels. The U.S. Department of Agriculture’s Cattle on Feed report, along with U.S. inventory data, confirmed larger beef supplies in upcoming months, which set a negative sentiment amongst feedlot operators. Auction markets experienced variable price ranges on similar-weight […] Read more






(Photo courtesy Canada Beef Inc.)

Klassen: Strong demand underpins feeder market

Western Canadian feeder cattle markets traded steady to $3 above week-ago levels; however, weaned lower-flesh calves were $3 to as much as $6 higher. Southern Alberta calf sales are winding down while other regions are just getting started. This resulted in surreptitious behaviour from Lethbridge-area feedlot operators. Orders stretched across the Prairies, like a slow-moving […] Read more

Photo: Canada Beef Inc.

Klassen: Feeder cattle markets establish fundamental equilibrium

Western Canadian feeder cattle markets were relatively unchanged from week-ago levels as most auction barns held featured or pre-sort calf sales. However, premiums of $3 to as much as $8 were noted on pre-conditioned, quality-weaned replacements. Time in the market is more important than timing the market; longer term risk adverse feeding reinforced the fact […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market bounces off the lows

Western Canadian feeder cattle markets experienced a week-over-week gain of $5 to $8. Strength in live cattle futures, along with the weaker Canadian dollar, rejuvenated buying interest amongst feedlot operators across the Prairies. Alberta packers were buying fed cattle in the range of $222 to $227 on a dressed basis, which was also up $2 […] Read more




September spells serious slump

September spells serious slump

Prime Cuts with Steve Kay from the October 2016 issue of Canadian Cattlemen

U.S. cattle feeders might be excused for believing there is a curse on the September market. Feeders endured a historic collapse in live cattle prices in September last year, when cash prices fell more than US$27 per cwt in five weeks. Now prices have suffered another collapse, starting in mid-August, which showed no sign of […] Read more