yearlings Archives - Page 7 of 10

CME May 2019 feeder cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Klassen: Feeder market incorporates risk premium following U.S. floods

By Jerry Klassen March 29, 2019

Compared to the previous week, western Canadian feeder cattle sold steady to $4 higher the week ending March 23. Favourable spring weather enhanced demand for yearlings from major finishing operations; Lethbridge-area markets were notably $3-$5 higher as feedlots focused on local cattle. While feeding margins remain in negative territory, strength in the deferred live cattle […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market sends mixed signals

By Jerry Klassen March 5, 2019

Compared to last week, western Canadian yearling markets were steady to $4 lower while calves were steady to $2 higher. Barley prices have jumped $3-$6 per tonne over the past week, with winter conditions hindering off-farm logistics. Alberta packers were buying fed cattle in the range of $149-$150 last week; however, in Nebraska, fed cattle […] Read more

Finishers, Livestock, Markets

Klassen: Fed cattle weakness pressures yearlings

By Jerry Klassen February 5, 2019

Compared to last week, western Canadian yearlings and calves over 700 lbs. traded steady to $3 lower on average. Weakness in the fed cattle market weighed on the heavier replacements. Alberta packers were buying fed cattle at $155 on a live basis, down $7 from the highs seven days earlier. Barley prices were up $3-$5 […] Read more

Finishers, Livestock, Markets

Klassen: Fed cattle market lifts feeder prices

By Jerry Klassen January 14, 2019

Compared to last week, western Canadian feeder cattle markets traded $4 on either side of unchanged. Early in the week, the market was rather sluggish but a fortuitous bounce in the live cattle futures quickly spilled over into the feeder complex. Yearlings and heavier calves ended the week $2 to $4 higher. Feeding margins are […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market bounces off recent lows

By Jerry Klassen December 17, 2018

Compared to last week, yearlings traded $5 to as much as $10 higher while calf markets strengthened by $4-$8. Southern Alberta experienced winds of extreme nature over the past few weeks, which caused buyers to shy away from the market; however, with year-end right around the corner, pent-up demand stepped forward with a vengeance in […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder cattle demand softens

By Jerry Klassen, GFM Network News November 6, 2018

Compared to last week, Western Canadian yearling prices were $2 to $3 lower on average. Feedlots were more aggressive on replacements that will finish for the March April fed cattle market. April live cattle futures continue to trade at a $8 premium to the June contract so lighter yearlings were discounted accordingly. The quality was […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder cattle demand softens

By Jerry Klassen, GFM Network News October 30, 2018

Compared to last week, Western Canadian feeder cattle markets traded $2 to as much as $5 lower. Feedlot margins have come under pressure over the past week which resulted in lower bids for all weight categories. Alberta and Saskatchewan feedlot inventories are running 18 to 20 per cent above year-ago levels. Pen space is at […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder cattle market volatility continues

By Jerry Klassen, GFM Network News October 23, 2018

Compared to last week, Western Canadian yearlings sold $4 to $6 lower while calves were extremely variable dropping $4 to as much as $10 in some cases. Many auction barns held feature sales last week and larger supplies weighed on the market. Weakness in the deferred live cattle futures also contributed to the softer tone. Feeder […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Stronger demand supports feeder market

By Jerry Klassen, GFM Network News October 17, 2018

Western Canadian feeder cattle markets jumped $2-$5 last week, after adverse weather caused buyers to shy away earlier in October. Major feedlot operators were very aggressive on quality yearling packages and heavier weaned vaccinated calves. Many operations have limited ownership at this time of year because wet, cold weather conditions delayed purchases. The market appeared […] Read more

Finishers, Livestock, Markets, Weather

Klassen: Feeder market softens on adverse weather

By Jerry Klassen October 8, 2018

Compared to last week, western Canadian feeder cattle prices were quite variable due to adverse weather. Rain and snow plagued much of the Prairies, which dictated buying behaviour. Yearlings traded within $5 on either side of unchanged; major feedlots focused on local cattle, which caused the Alberta markets to trade at a small premium to […] Read more

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Daily Network News

U.S. grains: Soybean futures set two-week high on US weather worry, soyoil rally

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Agriculture ministers agree to AgriStability changes

Tag Archives yearlings

Klassen: Feeder market incorporates risk premium following U.S. floods

Klassen: Feeder market sends mixed signals

Klassen: Fed cattle weakness pressures yearlings

Klassen: Fed cattle market lifts feeder prices

Klassen: Feeder market bounces off recent lows

Klassen: Feeder cattle demand softens

Klassen: Feeder cattle demand softens

Klassen: Feeder cattle market volatility continues

Klassen: Stronger demand supports feeder market

Klassen: Feeder market softens on adverse weather

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