(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle stabilize near annual lows

Western Canadian feeder cattle prices traded $5 lower to $5 higher relative to week-ago levels. The market was quite variable across the Prairies, with eastern markets coming under more pressure comparable to southern Alberta. Feedlot operators and backgrounding farmers that were holding back on purchases earlier in the fall were stepping forward more aggressively this



(Photo courtesy Canada Beef Inc.)

Klassen: Feedlots curb buying interest

Despair is the price one pays for setting an impossible aim. Given the phone calls over the past week, producers have been expecting something the market cannot offer. Western Canadian feeder cattle prices were under severe pressure, with 700-plus-pound cattle down $8-$12 from seven days earlier; calves under 700 lbs. traded $4-$8 below week-ago levels.