(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market bounces on optimistic outlook

Feed barley remains near historical highs

Compared to last week, western Canadian yearling prices traded $2-$4 higher; prices for mid-weight calves were quoted $4-$8 above week-ago levels. Calves under 550 lbs. traded $6 to as much as $10 higher compared to seven days earlier. Improving feedlot margins were the main factor driving the feeder market. June and August live cattle futures



(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle prices digesting uncertainty

Defensive tone likely through January

The feeder cattle market was very quiet during the last week of December with auction barns in holiday mode. There were discussions regarding direct sales but no actual business was confirmed. The stakes are too high given the market uncertainty; a defensive tone will likely continue throughout January. Feed grains continue to percolate higher; the

Cattle hold steady with fall run winding down

Cattle hold steady with fall run winding down

Barley and wheat values are stronger, pressuring cattle values farther west

As the fall run continues at Manitoba’s cattle auctions, prices held steady, according to Tyler Slawinski, an auctioneer at the Ashern and Ste. Rose auction marts. “The fall run is still booming. We were full on; Ashern had nearly 2,900 and Ste. Rose had almost 2,600,” he said. Province-wide, auctions sold more than 15,000 head



CME January 2021 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

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


(Photo courtesy Canada Beef Inc.)

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



(Photo courtesy Canada Beef Inc.)

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