Reading Time: 2 minutes Western Canadian feeder cattle markets became more established this past week as early yearling sales captivated major feedlot operators. Prices were relatively unchanged from week-ago levels; however, larger volumes confirmed the price structure. Higher-quality lower-flesh cattle were featured weighing 850 to 1,050 lbs. at most sales. Feedlots have plenty of pen space and with the […] Read more
Klassen: Yearlings define feeder market
Klassen: Strong demand surfacing for feeder cattle
Reading Time: 2 minutes Western Canadian feeder cattle markets were quite variable over the past week. Auction barns in Manitoba and Saskatchewan remain in holiday mode. However, markets are coming to life in Alberta. Certain ranchers are starting to sell early bloomers and there’s no shortage of demand for these yearlings. In east-central Alberta, a couple of small groups […] Read more
Klassen: Feeder market anticipates higher feed grain prices
Reading Time: 2 minutes Compared to last week, Western Canadian yearling prices were steady to $5 higher. Across the prairies, strong demand was noted on limited offerings. Most auction barns are gearing up for major sales over the next couple weeks; however, it appears that a few ranchers were testing the waters and the results were quite surprising. Feedlot operators […] Read more
Klassen: Calm feeder market prior to fall run
Reading Time: 2 minutes Western Canadian feeder cattle markets were hard to define over the past week given the limited numbers on offer. Most sale barns remain in holiday mode and the few cattle coming on the market were of various quality. Lighter weight feeders were trading $3 to as much as $10 lower compared to week ago levels; […] Read more
Klassen: Feeder market firm despite outside influences
Reading Time: 2 minutes Western Canadian feeder cattle markets were unchanged from week-ago levels despite the strengthening Canadian dollar, stronger feed grain values and weaker fed cattle prices. Feedlot operators are wondering if this is a mockery, a delusion or a snare. Shorter term replacements are hard to come by and haven’t softened a half hair length. Small groups […] Read more
Klassen: Renewed optimism supports feeder market
Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets were trading $3 lower to as much as $5 higher. Once again, most auction barns were either closed or had limited numbers on offer. Lighter-weight yearlings were in high demand, especially after the triple-digit gains in the live and feeder cattle futures on Wednesday and Thursday. […] Read more
Klassen: Feeder market eyes feed grain rally
Reading Time: 2 minutes Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Limited cattle were on offer with the shortened holiday week, but quality groups were well bid. Feedlot operators have been aggressively selling fed cattle, freeing up pen space. Although feedlot inventories decline in the summer, many operations want to carry sufficient numbers into the […] Read more
Klassen: Low volumes characterize feeder cattle market
Reading Time: 2 minutes Western Canadian feeder cattle prices were relatively unchanged from week-ago levels; however, low volumes and various-quality cattle characterized the market. It’s that time of year, when stragglers and recovering sick animals come available and discounts were quite sizeable on substandard cattle. Quality late bloomers were well bid and there was no shortage of buyers. Feedlot […] Read more
Strong demand keeps Prairie feed barley well supported
Reading Time: < 1 minute CNS Canada — Feed barley bids remain well supported in Western Canada, as solid demand and reluctant farmer selling keep the market underpinned heading into the summer months. “There is pretty decent demand. I’d say higher than average for this time of year,” said Brandon Motz, sales manager with CorNine Commodities in Lacombe, Alta. Strong […] Read more
U.S. April feedlot cattle placements jump to 14-year high
Reading Time: 2 minutes Chicago | Reuters — Ranchers placed 11 per cent more cattle in feedlots in April than a year earlier, the most for the month in 14 years, the U.S. Department of Agriculture reported on Friday, beating average forecasts. Higher cattle prices paid by packers last month enhanced profits for feedlots, allowing them to buy more […] Read more
A message from April Stewart, Country Guide's Associate Editor
