Finishers, Agriculture News & Resources

Klassen: Feeder market incorporates risk premium

By Jerry Klassen April 9, 2019

Fed and feeder cattle markets have incorporated a risk premium due to the uncertainty in beef production. Adverse weather has plagued much of the U.S. Midwest over the past couple of months and the six- to 10-day forecast calls for above-normal precipitation. Compared to last week, western Canadian yearling markets traded $2-$3 higher on average […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market balancing many variables

By Jerry Klassen April 2, 2019

Compared to last week, western Canadian yearling markets traded steady to $3 higher while calves were $4 lower to $5 higher depending on the region. Weakness in the live and feeder cattle futures contributed to the variable price structure; however, Alberta packers were buying fed cattle in the range of $268-$270 on a dressed basis, […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market incorporates risk premium following U.S. floods

By Jerry Klassen March 29, 2019

Compared to the previous week, western Canadian feeder cattle sold steady to $4 higher the week ending March 23. Favourable spring weather enhanced demand for yearlings from major finishing operations; Lethbridge-area markets were notably $3-$5 higher as feedlots focused on local cattle. While feeding margins remain in negative territory, strength in the deferred live cattle […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market continues consolidation pattern

By Jerry Klassen March 19, 2019

Compared to last week, western Canadian feeder cattle markets traded $3-$5 on either side of unchanged. The market was quite variable across the Prairies. Demand from south of the border evaporated due to adverse weather while southern Alberta experienced favourable spring conditions. Alberta packers were buying fed cattle at $260 on a dressed basis, up […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market holds value

By Jerry Klassen March 12, 2019

Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. Buying interest for yearlings was somewhat stronger while calves in the eastern Prairie regions were softer. Moderate temperatures are in the seven-day forecast for most of Western Canada, so the risk discount due to adverse weather has evaporated. Barley jumped an additional […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market sends mixed signals

By Jerry Klassen March 5, 2019

Compared to last week, western Canadian yearling markets were steady to $4 lower while calves were steady to $2 higher. Barley prices have jumped $3-$6 per tonne over the past week, with winter conditions hindering off-farm logistics. Alberta packers were buying fed cattle in the range of $149-$150 last week; however, in Nebraska, fed cattle […] Read more

Finishers, Livestock, Markets

Klassen: Winter conditions weigh on feeder market

By Jerry Klassen February 25, 2019

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. The major feeding regions from Alberta to the U.S. Midwest and southern Plains have all experienced severe storms and extreme temperatures. The forecast for southern Alberta calls for lows of -25 to -32 C over the next seven days. Auction markets have a few […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle succumb to negative margins

By Jerry Klassen February 12, 2019

Alberta fed cattle prices have dropped nearly $15 over the past three weeks. Feedlot margins are deep in red ink, with losses amounting to $200-250 per head. Compared to last week, yearlings and calves over 700 lbs. traded $3-$5 lower; calves under 700 lbs. were down $5-$8 with some feeder markets in Alberta dropping as […] Read more

Finishers, Livestock, Markets

Klassen: Fed cattle weakness pressures yearlings

By Jerry Klassen February 5, 2019

Compared to last week, western Canadian yearlings and calves over 700 lbs. traded steady to $3 lower on average. Weakness in the fed cattle market weighed on the heavier replacements. Alberta packers were buying fed cattle at $155 on a live basis, down $7 from the highs seven days earlier. Barley prices were up $3-$5 […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market easily absorbs adverse weather

By Jerry Klassen January 29, 2019

Western Canadian feeder markets were relatively unchanged from week-ago levels but there were a couple of unique characteristics in certain regions. Quality yearling packages were $2-$4 higher in Alberta but fleshier replacements were discounted. Eastern Prairie regions had grass cattle under 600 lbs. trading $3 to as much as $8 above week-ago levels. Order buyers […] Read more

Commodities firm INTL FCStone enters Canadian market

U.S. livestock: CME live cattle closed mixed

U.S. grains: Corn down on profit-taking as planting ‘virtually done’

GFM Network News

Commodities firm INTL FCStone enters Canadian market

U.S. livestock: CME live cattle closed mixed

U.S. grains: Corn down on profit-taking as planting ‘virtually done’

Finishers — page 2

Klassen: Feeder market incorporates risk premium

Klassen: Feeder market balancing many variables

Klassen: Feeder market incorporates risk premium following U.S. floods

Klassen: Feeder market continues consolidation pattern

Klassen: Feeder market holds value

Klassen: Feeder market sends mixed signals

Klassen: Winter conditions weigh on feeder market

Klassen: Feeder cattle succumb to negative margins

Klassen: Fed cattle weakness pressures yearlings

Klassen: Feeder market easily absorbs adverse weather

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