(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market remains under pressure

Pre-election commodity trading in 'risk-off' mode

Compared to last week, western Canadian feeder cattle markets traded $2-$5 lower on average; calves under 650 lbs. appeared to trade $3-$8 lower with significant pressure on the weight category between 550 and 650 lbs. Moderate demand surfaced on quality yearlings but major operations appeared to back away from the cattle in the heavier weight

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market grinds lower

'Is there no grain in this country?'

Compared to last week, prices for western Canadian yearlings weighing over 900 lbs. were down $4-$8 on average; yearlings weighing between 800-900 lbs. were down $2-$4; calves under 800 lbs. were down $8-$12, with the exception of Manitoba, where lighter calves traded $3-$5 below week-ago levels. Feedlot operators are asking, is there no grain in



(Photo courtesy Canada Beef Inc.)

Manitoba cattle sector gets COVID-19 AgriRecovery

Program to help offset costs from 'extraordinary feed period'

Manitoba cattle producers whose usual markets for finished cattle were temporarily out of reach this spring and summer may now be able to offset some of the resulting extra feed bills. Federal Agriculture Minister Marie-Claude Bibeau and her Manitoba counterpart, Blaine Pedersen, on Thursday announced the 2020 Canada-Manitoba Finished Cattle Feed Assistance Program, an AgriRecovery


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 holding value

Compared to last week, western Canadian yearling prices were relatively unchanged while calves traded $3 higher to $3 lower on average. The yearling run is well underway and there was no shortage of buying interest. Finishing feedlots were very aggressive on quality packages coming fresh off grass. Once again, buyers focused on local cattle, causing

(Photo courtesy Canada Beef Inc.)

Klassen: Yearling markets mixed

Compared to last week, yearling prices for western Canadian were down $2-$5 on average with the exception of southern Alberta where prices were relatively unchanged. Major feedlots in the Lethbridge area focused on local cattle which contributed to the firmer tone. Outside of Feedlot Alley, weakness in the deferred live cattle futures had buyers on