Reading Time: 2 minutes After a softer tone during the third week of April, western Canadian feeder cattle values stabilized trading steady to $5 higher on average this past week. Notable gains were noted on cattle under 700 pounds in Manitoba and Saskatchewan, where prices were $3 to as much as $8 higher. Available feeder cattle supplies are starting […] Read more
Klassen: Rejuvenated interest stabilizes feeder market
Klassen: Feeder market’s upward momentum eases
Reading Time: 2 minutes Western Canadian cattle prices were extremely volatile this past week, trading $2 higher to as much as $5 lower in comparison to seven days earlier. The feeder cattle market appeared to stall out at the higher levels, with most auction barns experiencing smaller volumes. Spring-like temperatures and seeding preparation kept the small cattle farmer/producer at […] Read more
Klassen: Expansionary activity drives feeder market higher
Reading Time: 2 minutes I know this may sound redundant, but western Canadian feeder cattle traded $2 to $5 higher last week and in some cases as much as $10 above week-ago levels. Strong gains were noted across the Prairies on all weight categories. Feather-light steer calves under 500 pounds touched the magical $400 level in eastern regions; 700-lb. […] Read more
Klassen: Feeder cattle upward momentum continues
Reading Time: 2 minutes Western Canadian feeder cattle prices were quite volatile over the past week, trading steady to $8 higher in some cases. Noticeable gains were seen on cattle under 700 pounds, which traded $3 to $8 higher compared to week-ago levels. Cattle over 700 lbs. were $3 to $4 higher in Saskatchewan and Manitoba, while shorter-keep replacements […] Read more
Klassen: Record fed prices lead feeder market higher
Reading Time: 2 minutes Western Canada’s feeder cattle prices traded $3 to $5 higher over the past week, with lighter weight categories under 700 pounds jumping $8 to $10 in some cases. Renewed buying interest surfaced based on strength in Alberta fed cattle prices, which traded as high as $198. Improving feedlot margins in the nearby and deferred positions […] Read more
Klassen: Feeder cattle jump $4 to $6 in West
Reading Time: 2 minutes Western Canadian feeder cattle prices jumped $4-$6 over the past week as strengthening feeding margins enhanced buying interest for replacement cattle. Noticeable gains were noted in eastern Saskatchewan and Manitoba early in the week and Alberta markets followed the charge higher. Cattle buyers in southwestern Manitoba reported mixed steers averaging 900 pounds readily trading from […] Read more
Klassen: Stronger demand lifts feeder cattle prices
Reading Time: 2 minutes Western Canada’s feeder cattle prices were quite volatile over the past week, experiencing various surges on firm momentum from seven days earlier. In southeastern Saskatchewan and Manitoba, calves under 650 pounds were averaging $5 to $8 above week-ago levels on solid U.S. buying interest. Calves under 400 lbs. were touching the $380-$390 levels in this […] Read more
Klassen: Price environment continues to enhance feeder complex
Reading Time: 2 minutes The stars continue to align in the correct pattern for the feeder cattle market, as prices in Western Canada jumped $2 to $5 this past week with noticeable advances in the lighter-weight categories. The Canadian dollar continues to deteriorate, and there is potential for further weakness given the overall economic situation. Secondly, Alberta fed cattle […] Read more
Klassen: Higher fed cattle prices pull up feeder values
Reading Time: 2 minutes Fed cattle in Alberta were trading at $191 this past week, which set a positive tone in the feeder complex. Across the Prairies, heavier quality replacements over 700 pounds posted gains of $2 to $4 while lighter-weight cattle were $3 to $5 higher compared to seven days earlier. Feedlot margins improved with break-even pen closeouts […] Read more
Klassen: Demand varies for feeder cattle
Reading Time: 2 minutes Western Canadian feeder cattle prices were quite variable over the past week. Stronger demand was noted in the major feeding regions such as southern Alberta where top-quality steers weighing just over 600 pounds reached $288. Manitoba prices were also steady to $3 higher on buying interest from Eastern Canada and south of the border. However, […] Read more
A message from April Stewart, Country Guide's Associate Editor
