Reading Time: 2 minutes Western Canadian feeder cattle markets were relatively unchanged from week-ago levels. Feeder cattle numbers are declining at this time of year, so those buyers looking to secure ownership had to be more aggressive. Higher-quality packages were available in Saskatchewan, which traded at a small premium to Alberta markets. In central and southern Alberta, there appeared […] Read more
Klassen: Stronger demand sustains feeder cattle market
Klassen: Feeder market stabilizes on lower supplies
Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices were unchanged to $2 higher on average. Feeder cattle markets appear to have divorced from the fed cattle complex and calves are now reaching levels not seen since November last year. Feedlot operators were fairly aggressive on all weight categories under 900 lbs., but heavier yearlings […] Read more
Klassen: Feeder market undergoes minor recovery
Reading Time: 2 minutes Compared to last week, western Canadian yearlings sold $3 to as much as $6 higher while calf markets were relatively unchanged. Feeder cattle futures experienced a $5-$7 rally, which quickly renewed optimism in the cash trade. Ideas that yearling supplies will drop below year-ago levels on both sides of the border this August spurred on […] Read more
Klassen: Fed cattle market drops, feeder market follows
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were trading $3-$5 lower; markets for calves and feeders fit for grass were unchanged to $3 lower. Alberta packers were buying fed cattle at $242 on a dressed basis, down $20-$28 from seven days earlier. The sharp drop in the fed cattle market caused feedlot operators to […] Read more
Klassen: Feeder market faces many headwinds
Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Feedlot operators and order buyers were contending with a number of variables which resulted in a defensive tone. First, the Canadian dollar rallied late in the week, derailing any buying interest from south of the border. U.S. feeder cattle markets were also trading […] Read more
Klassen: Export, feedlot demand drives feeders higher
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices traded $2-$4 higher while calves and lighter-weight feeders were relatively unchanged. Alberta packers were buying fed cattle on a dressed basis from $270 to $272, up $5-$7 from week-ago levels. This firmer tone in the fed market quickly spilled over into prices for shorter-term replacements. There is […] Read more
Klassen: Spring weather revitalizes feeder market
Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded $4-$6 higher. Yearlings led the charge higher with quality packages selling $5 to as much as $8 above week-ago levels. The return of seasonal temperatures provided a shot of adrenaline for the feeder market. There are quite a few operations carrying minimal numbers because of […] Read more
Klassen: Feeder market continues lower trend
Reading Time: 2 minutes Western Canadian feeder cattle markets traded $5 to $8 below week-ago levels; noticeable declines were noted in the lighter weight categories, which were down $6 to as much as $10. Adverse weather continues to plague the feedlot regions of Alberta and Saskatchewan. Another snowfall over the weekend caused pen conditions to erode to lowest levels […] Read more
Klassen: Buyers’ temperance subdues feeder market
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were under pressure trading steady to $3 lower; however, eastern Canadian orders were prevalent in Manitoba and eastern Saskatchewan, where values were relatively unchanged from week-ago levels. Alberta feedlot demand was subdued as the deferred live cattle futures traded to three-month lows. Most operations are holding high-priced […] 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
A message from April Stewart, Country Guide's Associate Editor
