(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market stabilizes

Western Canadian feeder cattle markets were unchanged from week-ago levels. Favourable weather conditions enhanced buying interest from cattle feeders in Feedlot Alley; however, cattle-on-feed inventories in Alberta and Saskatchewan are running 16 per cent above year-ago levels. Pen space remains at a premium due to limited capacity. County permit fees and added regulations have also









(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market holding value

Compared to last week, western Canadian yearling prices were steady to as much as $4 higher while calf values traded within $5 on either side of unchanged. Current feedlot margins are hovering around break-even, but profitability will improve during October and November, given the recent strength in the deferred live cattle futures. Therefore, short-keep feeders



(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market waiting for direction

Average western Canadian feeder prices were relatively unchanged from week-ago levels; however, the yearling market in southern Alberta traded $3-$5 higher as feedlot operators focused on sourcing local cattle. High-quality yearlings are coming on the market and steady demand was evident across the Prairies. Strength in the deferred live cattle futures along with the deterioration