(Photo courtesy Canada Beef Inc.)

Klassen: Fed cattle market leads feeders higher

Alberta packers were buying fed cattle in the range of $280-$282 delivered on a dressed basis, which equates to $168-$171 on a live basis. Yearlings bought last summer are bringing back $150-$180 margin, which has reinforced buying enthusiasm. Western Canadian yearlings traded $3 to as much as $8 above week-ago levels; calves were relatively unchanged

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market remains firm into 2018

Western Canadian feeder cattle markets experienced limited activity over the past week because most auction barns were closed for the holiday season. There was some reported activity in certain regions such as central Alberta and prices were relatively unchanged from seven days earlier. Frigid temperatures tempered buying activity. Feedlots in the nearby area of the



(Canada Beef Inc. photo)

Feed barley in sync with Manitoba corn

CNS Canada — This year’s bumper harvest of Manitoba corn is making an impact at Alberta feedlots. According to Market Place Commodities at Lethbridge, feed barley prices are near the $215 per tonne mark, down $5 from a few weeks ago. “Corn is filling some of the volume demand, so it is keeping the price


(JBSsa.com)

JBS says listing of U.S. unit remains priority

Sao Paulo | Reuters — Brazilian meatpacker JBS SA said listing a subsidiary in the U.S. remained a priority, even as two controlling shareholders in the company remain in jail for insider trading and their role in a corruption scandal. The long-planned initial public offering of its processed food subsidiary JBS Foods International BV was

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market rally stalls

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Eastern Prairie markets were softer but continue to maintain a $5 to as much as $8 premium over major feeding regions of Alberta. We’ve seen a sharp year-over-year increase in imports from the U.S., which is causing a variable price structure to develop across


(Photo courtesy Canada Beef Inc.)

Feed barley marches ‘lockstep’ with U.S. corn

CNS Canada — Western Canada’s feed barley market continues to trade above the key $200 per tonne mark, taking strength from consistent demand and a lower-sized crop in 2017. “The market has changed (gotten stronger) from last year when high-vomitoxin wheat was trading at a discount,” said Jim Beusekom of Market Place Commodities in Lethbridge.

(USDA.gov via Flickr)

U.S. September cattle placements surge

Chicago | Reuters — Ranchers in September drove 13.5 per cent more cattle into U.S. feedlots than the same month a year earlier, the U.S. Department of Agriculture reported on Friday. The result topped analysts’ average forecasts and hit its highest level for the month in six years. “The good news for the consumer is


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market surges

Western Canadian feeder cattle markets experienced a precipitous bounce over the past week. Compared to seven days earlier, yearling traded $4-$6 higher; calf markets were trading $3 to as much as $10 above week-ago levels; prices for feather-light bawlers surged with 300- to 400-pounders touching the magical $300 level in some areas. Optimal weather enhanced