What to do about wacky cattle markets?

What to do about wacky cattle markets?

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

Markets crave stability and predictability. But the opposite occurred during 2015 in the U.S. cattle markets. In fact, last September’s shocking collapse in live cattle cash and futures prices (which I outlined in my October 26, 2015 column) capped a year when the futures’ volatility and irrationality caused huge financial damage to producers and packers. […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market holds value

Western Canadian feeder cattle prices were steady to $5 higher over the past week on limited volumes. Stragglers from backgrounding operations and late-blooming calves set a reserved tone amongst buyers with large price variations at different regions of the Prairies. Feedlot margins are hovering around breakeven and there appears to be solid demand underneath the […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market well supported

Western Canadian feeder cattle prices were generally steady with week-ago levels as volumes continue to decline into the summer months. The quality of cattle coming on the market this time of year is quite variable. Background operations are liquidating their final volumes and feeders over 800 lbs. set the market structure. Larger-frame mixed steers averaging […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Improving margins support feeder market

Average western Canadian feeder cattle prices were $3-$5 above week-ago levels, with top-quality larger groups trading as much as $8-$10 higher. While current pen closeouts remain underwater, the deferred positions are somewhat brighter, which has rejuvenated buying enthusiasm. Most risk management strategies rely on cattle feeders staying in the game all year. There appears to […] Read more