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Klassen: Strong demand underpins Western Canadian feeder market

For the week ending February 28, Western Canadian feeder cattle markets were unchanged from seven days earlier. Calves may have traded $5-$10/cwt higher at some locations. Feeding margins have improved over the past week with Southern Alberta pen-closeouts now hovering near breakeven. Ontario feedlot margins are in positive territory by $20-$40/head. At the Ponoka video





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Klassen: Feeder market remains firm

For the week ending February 21, Western Canadian markets for yearlings or backgrounded cattle traded steady to $10/cwt higher. The calf market was mixed with values quoted $5 higher to $10/cwt lower. Feedlot margins appear to be improving in the short-term which supported the yearling market. Extremely cold temperatures across most of Alberta may have

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Klassen: Feeder market eyes fed cattle for direction

For the week ending February 14, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. The deferred live cattle futures have been consolidating in a narrow range over the past month, which has limited the upside in the feeder complex. Supplies of yearlings or replacements over 800 pounds are increasing as



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Klassen: Calf markets continue to climb

For the week ending February 7, Western Canadian feeder markets traded $10 higher to $10 lower compared to seven days earlier. The cash market was extremely volatile as the sell-off in the feeder cattle futures on Thursday, February 5, installed cautious tone amongst buyers late in the week. Fleshier cattle in smaller packages were discounted