CME April 2020 live cattle with 20- and 50-day moving averages. (Barchart)

Klassen: Feeder market remains volatile

Compared to last week, western Canadian feeder cattle markets traded $3-$5 on either side of unchanged. Many auction barns were closed last week and the ones holding sales had smaller numbers. Quality packages of yearlings were on the higher end of the range while smaller groups of fleshier replacements were discounted. Alberta feedlots were focusing

Barley. (Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Barley acreage buoyed despite current prices

MarketsFarm — International demand for Canadian feed barley has been strong thanks to a 2018 growing season drought in Australia that limited exportable supplies. China purchased nearly 950,000 tonnes of Canadian barley in the first seven months of the 2018-19 year, significantly above the five-year average. However, feed markets in general are quite sluggish ahead






CME May 2019 feeder cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Klassen: Feeder market incorporates risk premium following U.S. floods

Compared to the previous week, western Canadian feeder cattle sold steady to $4 higher the week ending March 23. Favourable spring weather enhanced demand for yearlings from major finishing operations; Lethbridge-area markets were notably $3-$5 higher as feedlots focused on local cattle. While feeding margins remain in negative territory, strength in the deferred live cattle






U.S. livestock: Cattle set one-year high on weather, supply concerns

U.S. livestock: Cattle set one-year high on weather, supply concerns

Chicago | Reuters — U.S. cattle futures reached a one-year high on Friday on concerns that cold, snowy weather next week may tighten supplies by slowing weight gain and transportation of livestock. Snowfall is expected to increase across the U.S. Plains, where the temperature outlook also is trending colder, according to weather forecaster Radiant Solutions.