Understanding the forward curve in the futures market

Understanding the forward curve in the futures market

Market Talk with Jerry Klassen

I’ve received many calls from backgrounding operators and feedlot managers in regard to the feeder cattle market. Prices have strengthened throughout the fall period and it now appears that potential margins will be quite snug for all weight categories. The futures market for live and feeder cattle is reflecting two distinct price structures. Discerning the […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market ends 2017 on positive tone

Compared to last week, western Canadian feeder cattle markets traded $2 to as much as $6 higher. Moderate to stronger buying interest was noted across the Prairies. Once again, feedlot operators were fairly aggressive on quality yearling packages; semi-weaned and weaned calves were a solid $3-$5 higher while unweaned lighter calves experienced minimal price appreciation. […] Read more

China dangles carrots at U.S. beef industry

China dangles carrots at U.S. beef industry

Prime Cuts with Steve Kay from the December 2017 issue of Canadian Cattlemen

China is getting increasingly adept at dangling carrots to keep the U.S. at bay. Its latest carrot was to announce on November 9 that it had signed US$253 billion of business deals with U.S. companies. News reports quickly questioned whether the deals will turn into actual business. Buried in the massive total was news that […] Read more



Mixed outlook for feed grains

Mixed outlook for feed grains

Market Talk with Jerry Klassen

I’ve received many inquiries into the outlook for corn and barley prices over the winter period. Feeder cattle prices have strengthened so that it’s difficult to pencil a profit and feedlot operators are wondering how the cost per pound gain will vary for the next round of feeding. At the time of writing this article, […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market falters

Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $6 lower. Alberta feeder cattle prices appeared to move in line with major U.S. markets, which were also down $3-$5 from week-ago levels; however, minimal slippage was noted in eastern Saskatchewan and Manitoba. Weakness in deferred live and feeder cattle […] Read more

cattle feeding

Can feeding nitrate improve efficiency and reduce methane?

Research on the Record with Reynold Bergen

The rumen allows cattle to make highly nutritious beef out of things that humans can’t even digest. Rumen microbes have digestive enzymes that mammals don’t. This allows rumen microbes to break down complex feeds into very simple molecules, and reassemble those molecules into volatile fatty acids that the animal can absorb and use as an […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Winter weather weighs on feeder complex

Compared to last week, western Canadian feeder cattle prices were relatively unchanged. However, quality features played a larger role in the price structure. Buyers shied away on fleshier yearlings which is often the case when margins move into negative territory. It’s that time of year when thicker coats can be somewhat misleading and buyers pulled […] Read more