Klassen: Feeder market sends mixed signals

Compared to last week, western Canadian average yearling prices were steady to $3 lower while heavier replacements above 1,000 lbs. actively traded $3 to as much as $6 lower. Weakness in deferred live cattle futures, along with rising feed grain prices, caused buyers to lower their bids accordingly. Steers averaging 1,000 lbs. were readily trading

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market surges

Western Canadian feeder cattle markets experienced a precipitous bounce over the past week. Compared to seven days earlier, yearling traded $4-$6 higher; calf markets were trading $3 to as much as $10 above week-ago levels; prices for feather-light bawlers surged with 300- to 400-pounders touching the magical $300 level in some areas. Optimal weather enhanced


Rancher’s Risk and Return will be an important tool as producers consider new ways to manage downside risks and upside potential.  file photo

New calculator assesses financial risk for cattle operations

Can show how sensitive an operation is to different selling prices 
and cattle price insurance coverage levels

A new decision support tool to assist cattle producers in calculating their cost of production and risk exposure has been posted to Alberta Agriculture and Rural Development’s website. Rancher’s Risk and Return is an Excel spreadsheet calculator that takes an innovative approach to assessing the market price risk that cow-calf and feedlot producers continually face.