CME April 2019 live cattle, with August 2019 live cattle in brown. (Barchart)

Klassen: Feeder market holds value

Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. Buying interest for yearlings was somewhat stronger while calves in the eastern Prairie regions were softer. Moderate temperatures are in the seven-day forecast for most of Western Canada, so the risk discount due to adverse weather has evaporated. Barley jumped an additional


U.S. livestock: Hogs dip from two-week high, await trade news

U.S. livestock: Hogs dip from two-week high, await trade news

Chicago | Reuters — U.S. lean hog futures retreated on Wednesday after four straight sessions of gains in a technical and profit-taking setback from two-week highs as investors awaited new developments in U.S.-China trade negotiations. Cattle futures also fell broadly, although worries about a late-winter snowstorm forecast for the beef cattle-producing U.S. Plains underpinned the









(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market experiences softer demand

Compared to last week, western Canadian feeder cattle sold $4-$6 lower on average. Feedlot operators backed away from the markets due to stronger feed grain prices and weakness south of the border. Certain regions of the U.S. Midwest and southern Plains have experienced adverse weather, which caused U.S. feeder cattle prices to experience a week-over-week

CME August 2019 live cattle (red) and January 2019 feeder cattle (blue). (Barchart)

Klassen: Feeder market searching for direction

Western Canadian feeder cattle markets were quite variable from seven days earlier. Prices were unchanged in the eastern Prairie regions; however, Alberta markets traded $3 to as much as $7 below week-ago levels. Alberta and Saskatchewan feedlot inventories are running 16 per cent above year-ago levels, so there’s limited buying power available. Calves are fleshier