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Tag Archives Fed cattle

(SCIC.ca)
Beef cattle, Livestock, Markets

Saskatchewan extends WLPIP premium rebate if needed

Rebate to offset premium prices, if above pre-COVID levels

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Saskatchewan’s temporary subsidy against price jumps in premiums for the Western Livestock Price Insurance Program (WLPIP) will continue when needed to the end of 2020. Saskatchewan Crop Insurance Corp. (SCIC), which administers the program in that province, announced Tuesday the WLPIP premium rebate is extended to Dec. 31, from its previous end date of Sept.
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Yearling market remains red hot

Barley harvest well underway in southern Alberta

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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.)
Livestock, Markets

Klassen: Yearling prices on fire

Canada's cattle herd remains in contraction stage

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Compared to last week, yearlings coming off grass traded $3-$5 higher; backgrounded yearlings were $1-$3 higher on average while calf markets were relatively unchanged. February and April live cattle futures closed marginally lower for the week; however, fed cattle basis levels from U.S. packers are very strong for winter and spring. This appears to be
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Yearling demand remains firm

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Compared to last week, western Canadian yearlings fresh off grass traded steady to $2 higher; backgrounded yearlings were relatively unchanged. The calf market was too thin to quote. Major feedlot operators set the price structure and were once again very aggressive. While many feedlots are backed up with market-ready supplies of fed cattle, some feedlots
CME September 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

Klassen: Strong demand underpins yearlings

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Compared to last week, yearlings traded steady to $4 higher on average; calves traded $2-$4 lower, although light volumes made the market hard to define. All eyes were on feeder cattle futures, which closed up nearly $4 for the week. This set the direction in Western Canada. Auction barns in Manitoba and Saskatchewan remain in
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market in summer mode

Set-aside program not having much effect yet on prices

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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
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder cattle market searching for direction

Feedlots expecting barley prices to drop

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Western Canadian feeder cattle prices continue to trade in a sideways pattern. Compared to last week, prices were quoted $2-$3 on either side of unchanged. Most auction barns were on holidays last week and arenas that did hold sales experienced limited volumes. Therefore, the market was hard to define. U.S. feeder cattle markets were steady

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