(Photo courtesy Canada Beef Inc.)

Klassen: Western Canadian calf market surges

For the week ending 26, Western Canadian calf markets were up $8-$12/cwt on average compared to seven days earlier. Pee-wee calves were up $20-$25/cwt compared to the prior week. Finishing feedlot operators were active buyers in all weight categories while backgrounders were cleaning up on smaller packages of calves under 550 pounds. 



Cows graze fall pasture near Glenboro, Man.

Fall cattle run shifts into top gear

Strong returns are pulling cattle into market, auctioneer says

Manitoba's cattle market stayed strong during the week ended Oct. 24. Every location reported at least 1,100 head sold at regular weekly sales, for a grand total of 15,055.

Photo: Canada Beef Inc.

Klassen: Canadian feeder markets trades premium to U.S. values

For the week ending October 19, Western Canadian yearling markets traded $3 to $5 on either side of unchanged compared to seven days earlier. Calf prices were $5 to as much as $10 higher.  Strength in the deferred live cattle futures along with the weaker Canadian dollar has resulted in positive margins on incoming calves. Therefore, the calf market has developed a floor price.