GFM Network News


Klassen: Feeder cattle market remains volatile

Reading Time: 2 minutes 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 […] Read more

Klassen: Feeder market shrugs off feed grain rally

Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices were $2-$5 higher on average. Noted strength was in the 700-plus-lb. categories, which spilt over into the lighter calves. Quality groups of yearlings were limited and the scarcity fear factor had a grip on the market. The U.S. Department of Agriculture lowered its fourth-quarter beef production […] Read more


U.S. livestock: Cattle, hog futures sag under pressure from big supplies

Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures weakened on Wednesday under pressure from large numbers of cattle and hogs and uncertainty over demand, traders said. Declines in the markets reflected expectations that meat supplies will remain plentiful, after farmers expanded their herds. Beef production in the third quarter of 2019 is expected to top seven […] Read more

JBS predicts profits will be stronger this year

Reading Time: 2 minutes Sao Paulo | Reuters — JBS SA executives said Friday the Brazilian meat company will deliver higher earnings in 2019 on strong demand for beef in the U.S. and Australia as well as growing Chinese demand for various proteins. Still, first-quarter results will reflect lower cattle availability in the U.S. due to rains and a […] Read more


For the Andersons, key skills are learning to invest strategically in Right Cross Ranch, and also how to promote it on Facebook and their web page.

Taking the bull by the horns

Western Canada’s beef producers have taken control of their industry, achieving a level of stability that seemed gone forever. Here’s part of that story

Reading Time: 8 minutes Statistically, at least, it seems the long, sharp decline in Western Canada’s cattle business has stabilized. To say it’s closing the book on one of the most momentous stories in the entire history of Canadian agriculture (or for that matter, of agriculture anywhere in the world) is perhaps going too far. But it’s been an […] Read more

Klassen: Feeder market experiences softer demand

Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle sold $4-$6 lower on average. Feedlot operators backed away from the markets due to stronger feed grain prices and weakness south of the border. Certain regions of the U.S. Midwest and southern Plains have experienced adverse weather, which caused U.S. feeder cattle prices to experience a week-over-week […] Read more


Klassen: Strong demand drives yearlings higher

Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $2-$3 higher, with quality packages advancing $4-$6. Feedlot operators shrugged off the weaker live cattle futures as feed grain prices came under pressure. Cattle brokers were carrying a full deck of orders, which allowed for limited slippage. Feedlots are anxious to secure ownership early in the […] Read more

Klassen: Rising feed grain prices weigh on feeder market

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: Feeder market sends mixed signals

Reading Time: 2 minutes Compared to last week, western Canadian average yearling prices were steady to $3 lower while heavier replacements above 1,000 lbs. actively traded $3 to as much as $6 lower. Weakness in deferred live cattle futures, along with rising feed grain prices, caused buyers to lower their bids accordingly. Steers averaging 1,000 lbs. were readily trading […] Read more