feedlots Archives - Page 22 of 41 - Manitoba Co-operator

Feed weekly outlook: Prices to remain strong in spring

By Adam Peleshaty, GFM Network News March 25, 2021

MarketsFarm — Higher prices for feed grains in Western Canada are expected to stay that way, according to a trader in Alberta. Erin Harakal, senior trader for Agfinity at Stony Plain, Alta., said factors such as increased demand overseas and depleted domestic stocks will continue to keep prices elevated for feed grains. While she doesn’t

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

Livestock, Markets

Klassen: Feeder market remains volatile

Feed grain values remain firm

By GFM Network News, Jerry Klassen March 24, 2021

Last week, western Canadian yearling markets were traded $2-$4 above week-ago levels from Monday through Wednesday; however, buyers backed away from the market on Thursday and Friday as feeder cattle futures fell nearly $7 from Wednesday’s high. By the end of the week, yearlings were relatively unchanged from week-ago levels. Calf prices were relatively flat

Crops, Markets

Feed weekly outlook: Buyers’ thoughts turn to April-June

By GFM Network News, Glen Hallick - MarketsFarm January 28, 2021

MarketsFarm — Attention on feed grains is shifting away from February-March and focusing on the April-June period, according to Erin Harakal, senior trader at Agfinity at Stony Plain, Alta. Their buyers have February-March pretty much covered, she said. Demand continues to be driven by exports to China, she added, with Prairie feedlots required to keep

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

Livestock, Markets

U.S. livestock: Rising beef prices buoy CME live cattle futures

Colder spell in U.S. Midwest, Plains lifts hogs

By GFM Network News, Julie Ingwersen January 27, 2021

Chicago | Reuters — U.S. live cattle futures rose on Tuesday for a fourth straight session, with deferred months setting life-of-contract highs as robust demand for beef lifted packer profit margins and bolstered demand for market-ready cattle, traders said. Chicago Mercantile Exchange April live cattle futures settled up 0.15 cent at 123.1 cents/lb., while June

Crops, Markets

Feed weekly outlook: Offshore demand still lifting Prairie barley

By GFM Network News, Phil Franz-Warkentin January 21, 2021

MarketsFarm — Solid offshore demand for Canadian barley remains the key driver in the domestic feed market, keeping prices high. “It’s certainly not driven by southern Alberta, it’s driven by Vancouver and the export business,” said Allen Pirness, of Market Place Commodities in Lethbridge, on the continued strength in barley bids. Typically, arbitrage opportunities would

Livestock, Markets

Klassen: Higher feed grain prices continue to pressure feeders

By GFM Network News, Jerry Klassen January 12, 2021

Compared to mid-December, western Canadian yearlings traded $3-$5 lower; mid-weight calves are down $4-$6 while calves under 550 lbs. remained firm. Buyers exhibited a defensive tone on heavier yearlings and discounts were more severe on fleshier cattle last week. There is absolutely no risk appetite for 850-plus-lb. cattle at this time of year. Demand for

Livestock, Markets

Klassen: Feeder cattle prices digesting uncertainty

Defensive tone likely through January

By GFM Network News, Jerry Klassen January 5, 2021

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

Beef cattle, Livestock, Markets

Klassen: Lighter calves end year on positive tone

By GFM Network News, Jerry Klassen December 29, 2020

Compared to last week, Western Canadian feeder cattle prices were $2 lower to $3 higher depending on the region. Many auction markets were in holiday mode last week and thinner volumes made the market harder to define. Generally speaking, the market was supported by stronger deferred live cattle futures and a slightly weaker Canadian dollar;

Beef cattle, Livestock, Markets

Klassen: Fed cattle prices supporting calf market

By GFM Network News, Jerry Klassen December 22, 2020

Alberta packers were buying fed cattle in the range of $139 to $140 last week, up $1 to $2 from seven days earlier. Strength in the nearby fed cattle market along with the recent rally in the live cattle futures has been supportive for calves under 600 pounds. Compared to last week, Western Canadian yearling

Crops, Markets

Feed weekly outlook: Barley market cools ahead of New Year

More strength is still likely, however

By GFM Network News, Phil Franz-Warkentin December 18, 2020

MarketsFarm — The feed market in Western Canada may be stabilizing heading into the holiday season, but underlying fundamentals remain supportive and could lead to more strength in the New Year. While the market was holding steady in mid-December, “I think it will go back up in January/February/March,” said Mike Fleischhauer of Eagle Commodities in

Daily Network News

Feed Grain Weekly: Seasonal gains expected this spring

Klassen: Stronger barley prices weigh on feeder cattle values

Russia stops ammonium nitrate exports for one month amid global supply crunch

Tag Archives feedlots

Feed weekly outlook: Prices to remain strong in spring

Klassen: Feeder market remains volatile

Feed weekly outlook: Buyers’ thoughts turn to April-June

U.S. livestock: Rising beef prices buoy CME live cattle futures

Feed weekly outlook: Offshore demand still lifting Prairie barley

Klassen: Higher feed grain prices continue to pressure feeders

Klassen: Feeder cattle prices digesting uncertainty

Klassen: Lighter calves end year on positive tone

Klassen: Fed cattle prices supporting calf market

Feed weekly outlook: Barley market cools ahead of New Year

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