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CME October 2019 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

Klassen: Feeder cattle market remains volatile

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Western Canadian yearling markets appeared to stabilize after coming under pressure earlier in the month. Compared to last week, yearling prices were unchanged to $4 higher on average while calf markets traded $2-$3 on either side of unchanged. Major feedlots were more aggressive for 800-plus-lb. cattle as feed grain prices continue to grind lower. Favourable
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market experiences mixed tone

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Compared to last week, western Canadian yearling prices traded $3-$5 on either side of unchanged. Auction market volumes are growing in Saskatchewan and Manitoba; however, central Alberta prices held a definite premium of $8-$10 over the eastern Prairie regions. Ontario orders are starting to surface in Manitoba but prices were out of reach with Alberta
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder prices ratchet higher

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Compared to last week, western Canadian yearling markets traded $3-$5 higher on average; however, there were a few feature sales quoted $8 to as much as $10 above week-ago levels. Finishing feedlots were fairly aggressive on backgrounded cattle, which was the main source of yearlings last week. Early grassers are starting to come on the
Photo: Canada Beef Inc.
Beef cattle, Livestock

Klassen: Feeder cattle markets remain firm

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Western Canadian feeder cattle prices were unchanged from seven days earlier. Strong buying interest was noted from finishing feedlots in Alberta. Orders flowed across the prairies keeping prices relatively even. U.S. feeder cattle markets traded $3 to as much as $8 higher in the Northern Plains which also underpinned prices in Saskatchewan and Manitoba. There
Order buyers have been very busy fielding calls for available cattle. Photo: Thinkstock
Beef cattle, Livestock

Klassen: Yearling prices surge

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Compared to last week, Western Canadian yearling prices were $3 to as much as $10 higher while calves traded $2 to $5 above week-ago levels.  Most auction barns remain in holiday mode; however, order buyers were extremely busy fielding calls for available cattle. This caused the yearling market in Western Canada to divorce from the
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market enters summer doldrums

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Compared to last week, western Canadian feeder cattle markets traded steady to $5 lower on average. Small volumes were available last week, which distorted the price structure. Many feedlot hands will rotate holidays through July; therefore, feedlot operators don’t want to bring in fresh replacements with a skeleton staff. Recent rains across Saskatchewan and Alberta
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market finds support

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Compared to last week, western Canadian yearling markets traded steady to $2 lower while calves traded $3 higher to as much as $8 lower. Adverse weather across much of the U.S. Midwest set a negative tone on both sides of the border. U.S. feeder cattle markets were down US$3-$6 from seven days earlier. Corn futures

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