(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market recovery continues

Strength in fed cattle prices the main driver

Compared to last week, western Canadian yearling prices were $6-$8 higher on average while calves were unchanged to $4 higher. Strength in fed cattle prices was the main factor driving the feeder cattle market this week. Alberta direct fed cattle sales were reported on a live basis from $150 to $153 f.o.b. the feedlot, up […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle markets reflect mixed tone

U.S. corn offered into southern Alberta

Compared to the previous week, western Canadian yearling prices were $2-$4 higher on average while calves traded unchanged to as much as $8 lower. Larger feedlot operations were actively bidding for 800-plus-lb. feeders across the Prairies due to the limited supply. Lower volumes were available this past week which was supportive for the market. Southern […] Read more






(Photo courtesy Canada Beef Inc.)

Klassen: Yearling prices stay sluggish, calves hold value

Compared to last week, western Canadian yearling prices were steady to $4 lower; calves and grass cattle were relatively unchanged. Early in the week, the mood was quite depressing; yearlings were under pressure with feedlot buyers on the sidelines. By Friday, the market appeared to be well established. Backgrounding operators have been active sellers over […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Uncertainty defines feeder market

'Hope' factor remains supportive

Compared to last week, western Canadian yearling prices were down $3-`$5 on average while calves were unchanged to down $2. Sales were characterized by low volumes and limited buying interest. Feedlot operators are hesitant to step forward in the current environment, with packing plants on both sides of the border reducing capacity. At the same […] Read more

Klassen: Weaker fed cattle prices weigh on feeder market

Klassen: Weaker fed cattle prices weigh on feeder market

It appears finishing feedlots and cattle buyers are coming to terms with the fact that the COVID-19 pandemic may last longer than earlier anticipated. The “hope” factor that this environment will be short-lived has evaporated. Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $10 lower, with yearlings absorbing […] Read more


Klassen: Feeder market lacks buying interest

Klassen: Feeder market lacks buying interest

Market gives in to pressure from Chicago futures

Compared to last week, western Canadian feeder cattle markets traded $5-$8 lower on average, with yearlings dropping as much as $10-$12 in certain areas. It appears buyers are incorporating a risk discount due to uncertainty in beef demand longer-term. Rising unemployment levels, sluggish consumer confidence and a sharp drop in disposable income are all factors […] Read more