GFM Network News


Klassen: Feeder market digests rising COVID-19 cases

Compared to last week, western Canadian yearling prices were relatively unchanged while calves traded steady to $2 lower on average. The grain harvest is in its final stages and buying interest was noted from the farmer/backgrounding operator. The buying frenzy over yearlings has eased and finishing feedlots were active on all weight categories. Feather-light calves

Klassen: Yearling market remains red hot

Barley harvest well underway in southern Alberta

Compared to last week, western Canadian yearling prices were $2-$4 higher on average; however, in southern Alberta, yearlings traded $6-$8 above week-ago levels. A few auction barns in Alberta held their first feature sales of the fall run and buyers showed up with both hands. The quality of yearlings coming off grass is excellent and



Klassen: Feeder market in summer mode

Set-aside program not having much effect yet on prices

Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Volumes are quite thin at this time of year, which makes the market hard to define. Steady demand surfaced on quality groups of yearlings and calves, while late stragglers and heavier-flesh feeders were severely discounted. Pasture conditions are favourable across the Prairies and

The last few cattle are still headed to pasture as the market takes its annual break.

Culls dominate Manitoba cattle markets

Most facilities are already on summer schedule

Cull cows accounted for most of the cattle moving through the Manitoba cattle auction yards in mid-June, with facilities already closed for the summer or operating at a reduced schedule. “We’re seeing large volumes of cows come into the market in Manitoba,” said Rick Wright of Heartland Order Buying, adding that prices were relatively steady


Feed weekly outlook: Prices steady, demand quiet

MarketsFarm — Demand for feed grains has slowed down on the Prairies due to uncertainty in cattle markets posed by the COVID-19 pandemic. Many cattle processing and packing plants across North America have closed or slowed production due to lack of staff, leading to widespread issues in feed grain supply chains. “The lack of forward




Stock market losses hurting cattle prices

Numbers of cattle at auctions were down from the previous week

To Robin Hill, the manager of Heartland Livestock Services’ Virden auction facility, this is far from a good time for Manitoba cattle auctions. That’s due to massive losses in stock markets, stemming from fears over effects the COVID-19 coronavirus could have on the global economy. The stock markets began to tumble as COVID-19 spread across

Uncertainty drags on Canadian cattle markets

Beef demand is strong but cattle prices are under pressure, Canfax says

Cattle markets have tumbled as a result of COVID-19, according to the senior analyst at Canfax. “Feeder markets are off pretty hard, some of them are off 15 to 20 cents a pound, this week,” Brian Perillat said Tuesday. “They have been depressed over the last month. Feedlots too. Fed price is at the low