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Tag Archives feeder cattle

Klassen: Positive fed outlook buoys feeder market
Livestock, Markets

Klassen: Positive fed outlook buoys feeder market

Market telling producers to own lighter cattle sooner rather than later

By ,
Western Canadian feeder cattle prices for 800-pound plus cattle were $2/cwt to $4/cwt higher on average for the week ending January 27. Feeders in the 500-800-pound category were up $3/cwt to $6/cwt with higher quality groups up as much as $10/cwt in some cases. Feeders 500 pounds and lower were unchanged from seven days earlier.
CME live cattle LEJ24 on Jan. 29 with Bollinger bands. (Barchart)
Markets, Reuters

U.S. livestock: CME cattle futures ease on profit-taking after 2-1/2-month peak

Lean hog futures ended modestly higher; firm cash hog prices lent support

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CME April live cattle futures LCJ24 settled down 0.450 cent at 181.225 cents per pound, retreating after rising to 183.450 cents, the contract's highest point since Nov. 7. Last week's firm cash cattle prices and technical buying underpinned the market, traders said.
(WPohlDesign/iStock/Getty Images)
Beef Cattle, Livestock, Markets

Klassen: Feeder market holds value despite negative margins

U.S. demand limited with colder temperatures in Midwest

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Calf markets appeared to trade $2 to $3 above week-ago levels on average. Feedlot margins on current pen close-outs are negative $300 to $350 per head but replacement markets haven’t missed a beat. Finishing feedlots were once again bidding aggressively on backgrounded cattle with fleshier types experiencing limited slippage. Larger pen sized groups were on the higher end of the priced spectrum with buyers avoiding smaller packages.
Cattle use round bales as a wind break. (NDSU photo)
Beef Cattle, Markets

Klassen: Yearling return to the lineup on strong demand

Frigid temperatures result in limited volumes

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The market hasn’t missed a beat and started the year where it left in December. The only difference is there are larger supplies of yearlings coming on stream. The benchmark levels had backgrounded steers averaging 1,000 pounds trading from $280-$285/cwt with top bids rounding at $290/cwt. Steers averaging 850-pounds were averaging $300/cwt with top-notch larger groups peaking at $305.

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Glacier Farmmedia Podcast

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

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