Compared to last week, western Canadian yearling prices were relatively unchanged; calves appeared to trade $3 lower to as much as $5 higher. Weather conditions have played a larger role in the price structure this fall. Major finishing feedlots continue to focus on preconditioned calves and have left the unweaned or unvaccinated feeders to the
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Klassen: Challenging weather influencing feeder market
Klassen: Feeder cattle market consolidation continues
Western Canadian feeder cattle markets were unchanged from week-ago levels. Larger pre-sort calf sales were held across the prairies. Buying interest was barely sufficient to support the market at the current levels. The risk tolerance shifted from medium to low this past week. Discounts appeared to be more severe on unweaned and unvaccinated calves. Colder
Klassen: Feeder cattle market stabilizes
Compared to last week, Western Canadian feeder cattle markets traded $2 to $3 on either side of unchanged. Most auction barns held feature sales over the past week and steady demand was noted across the prairies. Calves appeared to gain momentum late in the week with favorable weather enhancing buying interest; however, yearlings were quite
Klassen: Feeder market experiences bouncing behaviour
Compared to last week, western Canadian yearling markets traded $2-$4 higher on average; calves traded $2 to as much as $6 higher. The feeder market has recovered after a softer tone earlier in October. Favourable weather in southern Alberta over the past week caused Lethbridge-area feedlots to step forward more aggressively, especially in the lighter
Klassen: Fed cattle weakness pressures yearlings
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
Klassen: Buyers’ temperance subdues feeder market
Compared to last week, western Canadian yearling prices were under pressure trading steady to $3 lower; however, eastern Canadian orders were prevalent in Manitoba and eastern Saskatchewan, where values were relatively unchanged from week-ago levels. Alberta feedlot demand was subdued as the deferred live cattle futures traded to three-month lows. Most operations are holding high-priced
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
Klassen: Feeder cattle market experiences mixed tone
Western Canadian feeder cattle markets experienced a diverse tone across the Prairies, with notable buying interest surfacing on yearlings. Compared to seven days earlier, prices for yearlings in southern Alberta were $5-$7 higher on average, as feedlots focused on purchasing local cattle. In southern Alberta, larger-frame lower-flesh black steers weighing 900 lbs. were quoted at
Expect volatility in 2015 beef business, says Ag Days speaker
Will 2015 be a repeat of 2014’s amazing ride? Unlikely, says beef industry analyst
Canadian cattle and beef prices reached all-time highs in 2014 but 2015 will be a different story, market analyst Anne Wasko of Gateway Livestock told an Ag Days seminar last week. Retail prices will remain high and are expected to go even higher, while export and domestic demand should stay strong. But there are changes
Syria air raid on cattle market kills at least 27, monitor says
Amman | Reuters –– At least 27 people were killed and dozens wounded on Tuesday by a Syrian air raid on a cattle market in territory controlled by the hard-line Islamic State, a monitoring group said. The raid hit the main livestock market in Khansaa, a village south of the Kurdish-held city of Qamishli in