Reading Time: 2 minutes Western Canadian yearling prices were relatively unchanged from week-ago levels; however, feeder cattle fit for grass and calves dropped $4 to as much as $10 from seven days earlier. Rising feed grain costs appear to be affecting lighter weight categories more than the yearling market. Feedlots will be struggling with negative margins through the summer […] Read more
Klassen: Rising feed grain prices weigh on feeder market
Klassen: Feeder markets experience lacklustre trade
Reading Time: 2 minutes Western Canadian feeder cattle prices were relatively unchanged from week-ago levels as extremely cold temperatures hinder market activity. Most auction barns reported small groups of various quality cattle on offer, which made the market hard to define. In the major markets of Alberta such as Lethbridge, there were very few yearlings available. This forced major […] Read more
Klassen: Feedlot operators aggressively bid up feeders
Reading Time: 2 minutes Western Canadian feeder cattle continued the upward trend trading $5 to $8 above week-ago levels on average with higher quality feeders as much as $12 higher. Alberta packers were buying cattle near $177 on a live basis, which is about $35 above breakeven pen closeouts. Ongoing strength in the fed cattle market set a positive […] Read more
Used farm equipment sales perk up
As sales of new equipment cool, good used machines are holding their value, and in some cases gaining ground
Reading Time: 5 minutes To put it mildly, sales of new farm equipment were terrible — even worrisome — in January and February, based on numbers tallied by the Association of Equipment Manufacturers (AEM). Purchases of four-wheel-drive tractors were down an astonishing 55 per cent compared to 2014. Worse yet, new combine sales had virtually collapsed, slipping 60.6 per […] Read more
A message from April Stewart, Country Guide's Associate Editor
