Cattle use round bales as a wind break. (NDSU photo)

Klassen: Yearling return to the lineup on strong demand

Frigid temperatures result in limited volumes

The market hasn’t missed a beat and started the year where it left in December. The only difference is there are larger supplies of yearlings coming on stream. The benchmark levels had backgrounded steers averaging 1,000 pounds trading from $280-$285/cwt with top bids rounding at $290/cwt. Steers averaging 850-pounds were averaging $300/cwt with top-notch larger groups peaking at $305.



A Dutch nutrition company estimates more Brazilian cattle should pass through feedlots in 2024 than in the previous year.

Brazil feedlot cattle steady

Reuters – An estimated 7.03 million head of cattle will have been processed in 2023 after spending 90 days in Brazil’s feedlots, a survey of that nation’s cattle market by Dutch nutrition company DSM Firmenich showed Nov. 27. The projection was largely steady from 2022’s 7.048 million. Cattle finished after passing through feedlots represents around

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Corn imports, larger crop prospects pressure barley

StatCan expected to raise barley crop estimate

MarketsFarm — The feed barley market in Western Canada remains relatively flat as steady corn imports from the U.S. keep domestic feeders well supplied. Ideas that Canadian production ended up above earlier expectations were also keeping a lid on the domestic market. Delivered barley into the Lethbridge, Alta. area is currently priced in the $300-$320