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File photo of cattle on feed near Champion, Alta., about 75 km north of Lethbridge. (James_Gabbert/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Uncertain fed cattle market weighs on feeder cattle

U.S. feeder demand seen relatively sluggish

By ,
Compared to last week, western Canadian yearlings (900 lbs. and over) appeared to trade $6-$8 lower on average; yearlings weighing 800-900 lbs. off grass were unchanged. Backgrounded yearlings were also $6-$8 lower. Mid-weight calves were unchanged but calves under 600 lbs. were $3 to as much as $10 lower in some cases. Feedlot operators pulled […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Markets, News

Feeder cattle prices, auction market volumes see ‘significant jump’

The Markets with Deb McMillin, from the October 2022 issue of Canadian Cattlemen

By
Fed cattle The fed cattle market has continued its contra-seasonal move through the third quarter. Typically, larger fed cattle numbers with more days on feed are met with consumers pulling back as fall schedules commence along with the additional expenses that accompanying all hit at once. The third quarter has seen larger carcass weights and […] Read more
Feeder cattle outlook
Market talk, Markets

Feeder cattle outlook

Market Talk with Jerry Klassen

By
Canadian feeder cattle prices have been percolating higher. Yearlings and calves are trading at levels not seen since 2014 and 2015. The USDA released their July 1, 2022 Cattle Inventory Report on July 23 which showed that the U.S. cattle herd continued to contract in the first half of 2022. Expectations are for a total […] Read more
Fed cattle prices hit six-year highs
Beef Cattle, Markets, News

Fed cattle prices hit six-year highs

The Markets with Deb McMillin, from the September 2022 issue of Canadian Cattlemen

By
Fed cattle It is not very often we see annual highs set for fed cattle in August! Fed cattle prices have traded the typical sluggish summer market for a contra-seasonal strong market driven by manageable supplies, smaller carcass weights and solid beef demand. The mid-August fed steer cash price was $177.41/cwt — not only the […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Markets, News

Strong seasonal demand bodes well for cattle market

The Markets with Deb McMillin, from the August 2022 issue of Canadian Cattlemen

By
Fed cattle The fed cattle market held up through the summer, with recent weeks trading between $174.18/cwt and $175.32/cwt. Strong seasonal demand heading into barbeque season as well as restaurant and food service beef movement recovering to pre-pandemic levels have supported prices. At mid-July, the fed steer average in Western Canada was $175.06/cwt, an increase […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Finishers, Livestock, Markets

Klassen: Feedlots value feeders on finished cattle price projections

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Compared to the week ending March 2, western Canadian yearling prices were $3-$5 lower on average. Mid-weight replacements in the range of 650-800 lbs. were down $8-$12. Steer calves under 650 lbs. traded steady to $5 lower. Heifer calves under 650 lbs. were also down $8-$12. The market was hard to define for heifer calves […] Read more
(Photo courtesy Canada Beef Inc.)
Markets, Prime cuts

Cattle prices will see big rise

Prime Cuts with Steve Kay

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At time of writing, this year is only two months old and already 2022 is shaping up to be a much better year for North American cattle producers. Forecasts are for higher prices for all classes of cattle in Canada and the U.S., especially as the cattle/beef sectors in both countries shake off the impact […] Read more
A cow and calf in the late winter.
Comment, Comment/Columns

Comment: Managing market risk

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We don’t know what 2022 has in store for us — hopefully rain at the right time and good cattle prices all through the fall. But hoping is not planning, and to plan, you need good information. So what should producers be watching in the markets as the year progresses? I asked Brian Perillat, senior […] Read more
(Photo courtesy Canada Beef Inc.)
Feed markets, Market talk, Markets

Fed cattle supply outlook

Market Talk with Jerry Klassen

By
I’ve received many inquiries from cow-calf producers and feedlot operators regarding the fed cattle outlook for the spring and summer time frame. The Alberta fed cattle market has been trading at a discount to prices in Nebraska and Kansas. It appears that there is a backlog of market-ready supplies similar to last year. The Western […] Read more

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