Feeder cattle prices in Western Canada were steady to $2 higher last week; U.S. prices were $1 to $3 higher on average. Despite the U.S. Memorial Day holiday, the market was fairly solid as U.S. fed cattle sold for $1 to $2 higher. Gains in the slaughter market were transferred immediately into the feeder complex
Klassen: Feeder prices marginally recover
Klassen: Swampy feedlot conditions limit feeder demand
Feeder cattle prices were $2 to $5 lower last week as excessive rains plagued most of Western Canada. Feedlots are contending with horrible pen conditions along with major inefficiencies in weight gains as cattle are up to their waists in manure. Lower prices did little to spur on buying enthusiasm as potential for higher death
Klassen: Feeder market breaks long-term upward trend
Feeder cattle prices came under pressure this past week on fears that the European debt crisis will slow the economic recovery in North America. Markets don’t like uncertainty and we have seen how fast consumer spending can contract, influencing overall beef consumption. Equity markets have lost over 10 per cent of their value since the
Klassen: Feeder cattle trend remains intact
Western Canadian feeder cattle prices were steady to $1 higher last week while U.S. prices were $1 to $3 higher. The weaker Canadian dollar enhanced demand from south of the border and domestic buying interest also resurfaced. Buyers searching for grass cattle were out in full force, competing with aggressive feedlot interests. CanFax reported April
Klassen: Feeder cattle comfortable near historical highs
Feeder cattle in Western Canada held value last week despite the Canadian dollar dipping to 12-week lows. Demand for grass cattle has subsided as many farmers are preparing to start seeding. Secondly, there is a fair amount of uncertainty in the world and feedlot operators chose to sit on their hands last week. The media
Klassen: Upward trend continues on feeder cattle
The upward trend continues in feeder cattle as prices were once again $3 to $5 per hundredweight (cwt) higher last week. Rain across Western Canada has renewed buying interest for grass cattle. Farmers with any significant amount of pasture are now shopping for feeder cattle. The optimistic outlook for fed cattle has also brought the
Klassen: Man., Sask. feeder prices jump
April 26 — Feeder cattle prices in Manitoba and eastern Saskatchewan jumped by $4-$7 per hundredweight (cwt) last week. Buying interest for grass cattle skyrocketed after the snowfall in southern Alberta along with the rains in central Saskatchewan. U.S. grass cattle supplies are also tightening, improving the export program. April feeder cattle exports are on
Klassen: Feeder prices slowly climb, exports improve
April 20 — Alberta feeder prices have climbed $10-$12 per hundredweight (cwt) since the first week of February. The market has done a good job of absorbing the larger supplies due to the slower export pace. Feedlot placements in Alberta and Saskatchewan during March were up 16 per cent over year-ago levels. This increase follows
Klassen: U.S. feeder prices surge, Canadian prices ratchet higher
April 13 — U.S. feeder cattle are within reach of historical highs; strong feedlot competition along with tighter available supplies have resulted in prices surging $10 per hundredweight (cwt) in April. The U.S. Department of Agriculture reported the highest prices for six-weight steers in Nebraska brought back $138/cwt. Feedlots are being more aggressive with replacement
Klassen: Feeders steady/higher on weaker feedgrains
April 6 — Feeder cattle prices in Western Canada were steady to $2 per hundredweight (cwt) higher last week while U.S. prices were $2 to $4 higher. The feeder market had a firmer tone after the U.S. Department of Agriculture’s prospective plantings and stocks report. U.S. farmers intend to seed 88.798 million acres of corn