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Photo: Canada Beef Inc.
Livestock, Markets

U.S. fed cattle market, live export demand seen strong

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

By
Fed cattle The start of 2022 saw larger numbers of market-ready fed cattle as drought-placed cattle were on feed earlier than typical. At the same time, packing plants faced staffing issues as the Omicron wave peaked. Prices struggled to see a typical start-of-the-year improvement. At the start of February, feedlots were in a more current […] Read more
The percentage of U.S. cattle grading Prime and Choice remains high but is slightly down from this time last year.
Markets, Prime cuts

Leverage in the cattle market at last

Prime Cuts with Steve Kay

By
Leverage is everything when it comes to buying or selling many goods and services. The cattle market is no exception to this, whether it is at the auction market or in the feedlot. U.S. cattle feeders over the past 18 months have had a tough lesson in what happens when they don’t have leverage over […] Read more
File photo of a feedlot in the U.S. where cash prices have hit multi-year highs.
Beef Cattle, Markets, News

U.S. cash cattle market sees significant gains, Canadian market more subdued

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

By
Fed cattle The cash market in the U.S. has seen significant gains, with prices reaching highs not seen since 2015. However, in Canada, ample market-ready supply coupled with recent packing plant labour issues kept a lid on local prices and led to a wider than historically normal basis. A huge shift in basis took place […] Read more
The smaller your operation, the more you need to learn and the more you need to spend on market analysis.
Livestock, Market talk, Markets

Does market analysis enhance your profitability?

Market Talk with Jerry Klassen

By
I’ve received many calls from cattle producers over the past few months regarding the feed and forage markets. The drought resulted in lower western Canadian grain and oilseed production. Forage crops were also devastated in many regions. Cow-calf producers are struggling with historical high forage and hay prices. Feedlot operators are facing the highest feed […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Market talk, Markets

Feeder cattle market outlook

Market Talk with Jerry Klassen

By
I’ve received many inquiries from cow-calf producers and backgrounding operators regarding the price outlook for feeder cattle. Western Canadian yearling prices made fresh 52-week highs earlier in fall; however, calf prices have been rather sluggish. In many cases, Alberta calf markets have been trading $5 to $10 below year-ago levels. Cow-calf producers are asking when […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Optimistic fed cattle outlook supports feeder market

By ,
Compared to last week, western Canadian feeder cattle markets traded $2-$4 higher. Strong demand was noted on yearlings, which spilt over into the lighter weight categories. Major feedlot operators in Alberta set the price structure, with aggressive orders flowing across the Prairies. Some operators have been holding back on purchases due to higher prices; however, […] Read more
calf on pasture
Beef Cattle, Livestock, Markets

Klassen: Yearlings hold value while calves remain under pressure

By ,
Compared to last week, Western Canadian yearling prices were relatively unchanged while calves were once again $2 to $4 lower. Featherlight bawlers were down $4 to as much as $8 from week-ago levels. The tight feed grain supply situation continues to set the price structure for feeder cattle. Yearlings straight off grass held a slight […] Read more
Feed barley price outlook
Livestock, Market talk, Markets

Feed barley price outlook

Market Talk with Jerry Klassen

By
Feed grain prices reached historical highs in mid-May. It appears that barley supplies will drop to bin-bottom levels at the end of the 2020-21 crop year. The market has been functioning to ration demand through higher prices; however, domestic usage has been relatively unchanged from past years. At the same time, Canadian barley exports have […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Markets, News

Fed cattle finding profitable territory

The Markets with Deb McMillin, from the June 2021 issue of Canadian Cattlemen

By
Fed cattle After over a year of losses, feedlots are beginning to see fed cattle marketed back in profitable territory. Fed cattle prices have strengthened over the past month. Seasonal price improvement, tighter numbers, excellent export demand and strong cut-out values have led to an increase of over $10/ cwt over the past four weeks. […] Read more
cattleman on a horse
Livestock, Market talk, Markets

Should I expand the cow herd?

Market Talk with Jerry Klassen

By
I’ve received many inquiries over the past six to eight months from cow-calf producers asking if they should be expanding their cow herd. Producers are asking whether they should try to get another calf out of the older cows and how aggressive they should be with heifer retention. In my experience, cow-calf producers do not […] Read more

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