Reading Time: 2 minutes There were no major sales last week; however, a few auction barns held sales with a light run of feeder cattle along with bred cows and bred heifers. Compared to seven days earlier, western Canadian feeder cattle prices were relatively unchanged. Liquidation of the cow herd was the main feature on both sides of the […] Read more
Klassen: Feeder market closes year on firm tone
Klassen: Feeder market stabilizes after December surge
Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices traded $3-$4 on either side of unchanged. Small groups of various quality characterized sale volumes. There were a few packages of backgrounded yearlings that sold at decent levels. Finishing feedlots were fairly aggressive on groups in the 700- to 800-lb. category. Higher flesh levels have become […] Read more
Klassen: Higher fed cattle prices pull up feeder market
Reading Time: 2 minutes Compared to last week, replacement cattle over 800 lbs. traded $10-$15 higher; some quality packages were up $20 from week-ago levels. Feeder cattle weighing 600-800 lbs. traded $4-$8 higher; calves under 600 lbs. were up $6-$10 on average, with some packages in Alberta up as much as $15 from last week. Strength in the fed […] Read more
Klassen: Feeder market stabilizes
Cow-calf producers selling sooner than normal
Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices traded $2-$3 on either side of unchanged. Alberta packers were buying fed cattle on a dressed basis at $275 delivered; the Alberta fed market has rallied $10-$12 over the past couple weeks. Secondly, U.S. feeder cattle prices have also rallied US$10-US$12 during the same time frame […] Read more
Klassen: Feeder market making seasonal lows
Surge of Canadian cattle exports expected
Reading Time: 2 minutes Compared to last week, western Canadian feeder markets were down $2-$4 on average. Prices for feeder cattle in the eastern Prairie regions were relatively unchanged from seven days earlier; however, values in Alberta and western Saskatchewan were down $4 to as much as $8 in some cases. This variation made the market hard to define. […] Read more
Klassen: Fed cattle prices down on the week
Reading Time: 2 minutes Compared to last week, Western Canadian feeder cattle prices were down $4 to $6 on average. Sub quality feeders traded as much as $8 below week ago levels. The market was hard to define with wide price ranges on similar weight feeders within a short distance. Southern Alberta is contending with adverse pen conditions as […] Read more
Small navy of farmers rescues cattle in flood-hit B.C.
Reading Time: < 1 minute Abbotsford | Reuters — A flotilla of motorboats, canoes, dinghies and jet-skis helmed by farmers raced to move dozens of trapped cows from frigid waters as floods hit British Columbia. After a month’s worth of rain in two days, the downpours triggered widespread flooding. Mudslides hit cities and towns across the province. Among the worst-affected […] Read more
Klassen: Feeder market continues downward slide
Prairies' snowstorm leads to risk discount
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were steady to $2 lower; calves traded $2-$4 below week-ago levels. Saskatchewan and Manitoba experienced their first major snowstorm of the season last week. The market tends to incorporate a risk discount for adverse weather as buyers factor in higher death loss. Also, major feedlot operators believe […] Read more
Klassen: Feeder market on soft slope
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were steady to $2 lower on average while calves traded steady to as much as $4 lower in certain regions; calves under 550 pounds were quoted $3-$6 below week-ago levels. Barley and wheat prices continue to percolate higher, causing a defensive sentiment amongst buyers. Southern Alberta and […] Read more
Klassen: Feeder cattle market continues on downward trend
Reading Time: 2 minutes Compared to last week, Western Canadian yearling markets dropped $2 to $4 while calf prices sank $2 to as much as $6 on average. Rising feed grain prices set a negative tone. Adverse weather also contributed to lower bids, especially in the lighter weight categories. Most auction barns had feature calf sales this past week. […] Read more
A message from April Stewart, Country Guide's Associate Editor
