(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle steady but demand remains sluggish

Reading Time: 2 minutes Western Canadian feeder cattle prices traded in line with week-ago levels on average, though the market was quite variable across the Prairies. Favourable temperatures in southern Alberta enhanced demand on all weight categories, especially on grassers from 500 to 650 lbs. Higher-quality backgrounded cattle were also $4-$8 higher in certain cases in Alberta. In Saskatchewan […] Read more

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Klassen: Feedlots risk-averse on feeder cattle purchases

Reading Time: 2 minutes Western Canadian feeder cattle markets experienced a softer tone over the past week. Alberta prices were generally steady to $4 lower while in the eastern Prairies, markets were $4 to $7 below week-ago levels. The weaker tone in the deferred futures, along with the stronger Canadian dollar, were the main factors weighing on feeder values. […] Read more


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Klassen: Feeder market experiences defensive tone

Reading Time: 2 minutes Feedlot operators continue to pull in the reins on replacement cattle purchases because another month-end budget for the bank does not look healthy. Alberta sales barns experienced a soft tone, with sales $4 to $6 below week-ago while eastern Prairie regions received spillover support from U.S. markets. Manitoba markets were notably $3 to $8 higher […] Read more

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U.S. cattle herd growth to five-year high spells cheaper beef ahead

Reading Time: 2 minutes Chicago | Reuters — Beef prices will keep trending lower, analysts said after the government’s semi-annual cattle inventory report on Friday showed the U.S. cattle herd as of Jan. 1 grew three per cent from a year ago, to a five-year high. Healthy pastures, more-affordable grain and record-high cattle prices a year ago encouraged ranchers […] Read more


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Klassen: Uncertainty causes feeder market volatility

Reading Time: 2 minutes Western Canadian feeder cattle prices traded steady to as much as $10 lower compared to week-ago levels. Feedlot hands are contending with adverse winter conditions and cattle travelling farther distances were down $6 to $12 in non-major feeding regions. Feeder markets were slightly softer Monday through Wednesday; however, feedlot operators were quick to back away […] Read more

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Klassen: Feeder cattle market grinds lower

Reading Time: 2 minutes Western Canadian feeder cattle prices ended the year on a soft tone, trading $5-$10 below week-ago levels; fleshier unweaned calves were down $10 to $15 because adverse weather plagued much of the Prairie region. Cattle buyers were busy on the phone, but receiving no orders. Feedlots appear to be content with their current inventory levels […] Read more


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Klassen: Feeder cattle market falls sharply

Reading Time: 2 minutes Western Canadian feeder cattle prices experienced a week-over-week decline of $12-$15 on average, with fleshier unweaned calves trading down $20-$25. Major feedlot operators reined in buying interest across the Prairies as fed cattle and wholesale beef prices remain under pressure. Feeding margins continue to deteriorate beyond pain thresholds and the backlog of market-ready feedlot supplies […] Read more

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Klassen: Feeder cattle remain vulnerable

Reading Time: 2 minutes Western Canadian feeder cattle prices were once again quite volatile this past week as market continues to digest overwhelming fed cattle supplies and lacklustre beef demand. In Alberta, calves under 700 lbs. were steady to $5 lower on average while heavier calves and yearlings were $3 to as much as $10 lower. In the eastern […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Feedlots curb buying interest

Reading Time: 2 minutes Despair is the price one pays for setting an impossible aim. Given the phone calls over the past week, producers have been expecting something the market cannot offer. Western Canadian feeder cattle prices were under severe pressure, with 700-plus-pound cattle down $8-$12 from seven days earlier; calves under 700 lbs. traded $4-$8 below week-ago levels. […] Read more