Reading Time: 2 minutes Compared to last week, western Canadian grass yearling prices were unchanged to $3/cwt lower on average. Steers held value but heifers had a softer tone. Calf prices were relatively unchanged from seven days earlier. However, weaker barley prices and stronger deferred live cattle prices limited any slippage. The calf market continues to be in price […] Read more
Klassen: Stronger live cattle futures enhance feeder demand
Feeder cattle supplies look to be lower than anticipated
Klassen: Feeder market continues to consolidate
U.S. feeder cattle supplies seen tighter than expected
Reading Time: 2 minutes Compared to last week, western Canadian grass yearling prices were relatively unchanged. Yearlings over 800 lbs. on light grain rations or on diets mixed with silage were priced at $5 to as much as $20 discount to those cattle coming straight off pasture. Larger groups of uniform quality continue to trade at a minor premium […] Read more
Klassen: Feeder market shrugs off lower barley production
Barley exports, domestic demand expected to be reduced
Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $2-$3/cwt on either side of unchanged. Prices for calves were also unchanged from average values seven days earlier. Calf markets are becoming more defined as volumes increase. There also appeared to be larger volume of high-quality yearlings available, which was a surprise. The drought hasn’t significantly […] Read more
Klassen: Calf numbers down in Western Canada
StatCan figures a surprise to the trade
Reading Time: 2 minutes Compared to last week, western Canadian yearling markets were relatively unchanged. Yearlings straight off grass were very well bid and prices held value. Yearlings over 800 lbs. on light grain ration were quoted $15-$20 discount to those cattle coming straight off pasture. We’re seeing heavier calves around 800 lbs. trade at $330-$340. Increased calf numbers […] Read more
Klassen: Feedlots aggressively secure ownership
StatCan cattle inventory report due out soon
Reading Time: 2 minutes Compared to last week, yearlings straight off grass sold $3-$5 higher on average. In certain cases, larger groups of higher quality genetics traded $8-$12 above week-ago levels. Auction markets had larger volumes this past week and there was strong demand across all weight categories. It’s that time of year when major operations are stepping forward […] Read more
Klassen: Feeder market consolidates
USDA report considered supportive for Q4 fed cattle
Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $2-$3/cwt on either side of unchanged. The steam appears to be coming off the market as larger volumes become available. Pastures have basically dried up in many areas of Western Canada, which has spurred on producer selling. The calf market was hard to define due to […] Read more
Klassen: Upward momentum in feeder market eases
Feedlots seen in 'risk assessment mode'
Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets were relatively unchanged. Higher-quality groups of yearling heifers appeared to trade steady to $2 higher on average while steer markets traded $3-$4 higher to $2 lower. Calf prices are unchanged from seven days earlier. The rally in deferred live cattle futures has stalled for the time […] Read more
Klassen: U.S. feeder markets lead Canadian prices higher
Dry conditions in Saskatchewan and parts of Alberta are moving yearlings off grass sooner than expected
Reading Time: 2 minutes Compared to last week, Western Canadian yearling markets once again jumped $3-$5/cwt on average. Higher quality 900-pound steers are reaching up to the range of $310-$315/cwt. Comments from readers suggest that 850-900-pound steers are trading up to $315-$320/cwt. Calves in the 500-550-pound range are reaching just over the $400/cwt level. Dryer conditions in Saskatchewan and […] Read more
Klassen: tight supplies continue to underpin feeder complex
Feedlot operators shrug off past week's rally in the corn market
Reading Time: 2 minutes Compared to last week, Western Canadian yearling markets traded $2-$5/cwt higher on average while calves were up $5/cwt to as much as $10/cwt in some cases. Feather light calves under 500 pounds reached fresh historical highs with 300-400 pound steers trading from $400-$450/cwt in Southern Alberta. Finishing feedlots continue to be aggressive on yearlings for […] Read more
Klassen: Feeder market continues climb
Futures spur larger feedlots to lock in ownership
Reading Time: 2 minutes Compared to last week, quality yearling packages traded $6-$10/cwt higher. In some cases, prices were up as much as $12/cwt. Calf markets were relatively unchanged although the market was hard to defined due to limited volumes. Pastures are drying up in Saskatchewan and certain area of eastern Alberta. Yearlings from these regions are coming on […] Read more
A message from April Stewart, Country Guide's Associate Editor
