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Feeder cattle market outlook
Market talk, Markets

Feeder cattle market outlook

Market Talk with Jerry Klassen

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I’ve received many calls with regard to the outlook for the feeder cattle market for the fall and winter period. Many cattle producers are asking if they should be backgrounding their calves over the winter while others are looking to sell yearlings over the next month. There are quite a few factors that will influence […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Cow-Calf, Finishers, Livestock, Markets

Klassen: Feeder market anticipates higher feed grain prices

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Compared to last week, Western Canadian yearling prices were steady to $5 higher. Across the prairies, strong demand was noted on limited offerings. Most auction barns are gearing up for major sales over the next couple weeks; however, it appears that a few ranchers were testing the waters and the results were quite surprising. Feedlot operators […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle trade lower

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The “one-week wonder” from seven to 10 days ago appears to have evaporated; a softer sentiment blanketed Western Canada this week, with feeder markets dropping $4 to $6 on average. A significant slide in live cattle futures, along with softer cash prices, caused feedlots to move into a risk-averse mentality. Heavier replacements took the brunt […] Read more
cattle in a feedlot
Beef Cattle, Livestock

Tight numbers a concern for livestock marketers

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The bloom may soon come off the rose for record-high cattle prices as economic indicators in the United States suggest a coming slowdown in consumer beef demand. That was the message from commodity market analyst Jerry Klassen to the Livestock Market Association of Canada’s annual convention in Winnipeg earlier this summer. A roaring bull market […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Livestock, Markets

Klassen: Renewed buying interest drives feeder market

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Western Canadian feeder cattle prices experienced extremely aggressive buying interest this past week. Feeder cattle in the 700-pound-plus category were trading $2 to as much as $8 higher in some cases, while lighter-weight cattle were steady to $5 above week-ago levels. I was extremely surprised by prices and comments after the dismal January market behaviour. […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market turning over

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Western Canadian feeder cattle prices were very uneven over the past week. Market reports from the major feeding regions reflected values steady to $3 higher, while other reports were steady to $5 lower. Gains were noted on cattle under 500 pounds, such as in central Alberta, where a small group of exotic and Charolais-based steers […] Read more
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle experience volatile price action

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Western Canada’s feeder cattle prices traded in an volatile fashion this past week due to uncertain economics and beef demand uncertainty. Early in the week, auction barns were reporting values steady with week-ago levels; however, buying enthusiasm started to wane by Wednesday and prices were $3-$5 per hundredweight (cwt) lower by the weekend. Feedlot operators […] Read more

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