Klassen: Feeder cattle market stabilizes

For the week ending August 31, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. Finishing feedlots are exuding a cautious sentiment. While order buyers had a full deck, there were upside limits. Pen-sized strings of quality yearlings traded at a premium to average values. Alberta packers were buying fed cattle[...]

Klassen: Feeder cattle market adjusts for lower barley prices

Compared to last week, western Canadian yearling prices climbed $2-$4 on average. Calf markets were unchanged. For the second week in a row, the market was hard to define due to limited numbers on offer. Small packages under five head and single stragglers were common. Larger groups of green thin yearlings were well bid by[...]


Klassen: Weaker feed grains drive feeder market higher

Compared to last week, western Canadian yearlings traded $2-$4 higher. This was the first week of the fall yearling run with larger groups of quality packages and there was no shortage of buying enthusiasm. Heavier yearlings were readily trading at 52-week highs. Feed barley prices collapsed in southern Alberta as the harvest started in the[...]

Klassen: Feeder cattle market grinds lower

Compared to last week, western Canadian feeder cattle prices were steady to $4 lower on average. Small packages were available and buyers were picking away with subdued interest. There were some "green" strings of yearlings in Alberta and Saskatchewan which were well bid; however, most cattle were characterized by medium to smaller frames. Some of[...]


Klassen: Feeder market experiences softer demand

Compared to the previous week, western Canadian yearling markets traded $4-$6 lower on average; calves were down $5 to as much as $10 in some cases. U.S. feeder cattle markets were also down $5-$8 from seven days earlier. The extended period of negative feeding margins appears to be taking a toll on the feeder market.[...]

Klassen: Expansionary activity drives feeder market higher

I know this may sound redundant, but western Canadian feeder cattle traded $2 to $5 higher last week and in some cases as much as $10 above week-ago levels. Strong gains were noted across the Prairies on all weight categories. Feather-light steer calves under 500 pounds touched the magical $400 level in eastern regions; 700-lb.[...]


Klassen: Feeder cattle jump $4 to $6 in West

Western Canadian feeder cattle prices jumped $4-$6 over the past week as strengthening feeding margins enhanced buying interest for replacement cattle. Noticeable gains were noted in eastern Saskatchewan and Manitoba early in the week and Alberta markets followed the charge higher. Cattle buyers in southwestern Manitoba reported mixed steers averaging 900 pounds readily trading from[...]

Klassen: Feeder cattle firm despite snug feeding margins

Western Canadian feeder cattle prices were $3-$6 per hundredweight (cwt) higher last week as buyers continue to scramble for limited supplies. Recent rains have enhanced pasture conditions across the Prairies and there will be little incentive to market cattle over the next month. Many cattle buyers are taking a couple of weeks' holiday after an[...]


Klassen: Stronger fed cattle prices support feeder market

Alberta packers were buying fed cattle in the range of $123 to $124 per hundredweight (cwt) this week, up $2 in comparison to seven days earlier. Healthy pen closeouts and stronger April live cattle futures appeared to renew buying enthusiasm for feeder cattle. Similar to last week, heavier calves were well wanted by larger feedlot[...]

Klassen: Feeder cattle market consolidates

Western Canadian feeder cattle prices were generally steady with week-ago levels, with auction barns experiencing lower volumes. The cow-calf producer has hopes of higher prices later in summer, and with plentiful forage supplies and favourable pasture conditions, there is little incentive to move cattle to auction. Backgrounding operators have also finished liquidating fall-placed calves, resulting[...]