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Klassen: Feeder market adjusts to lower supplies

Reading Time: 2 minutes Western Canadian prices for backgrounded replacements were $2 to $4 higher than last week. Lower flesh yearlings were valued $3 to $8 above week-ago levels. Prices for calves under 800 pounds were up $3 to $7 compared to seven days earlier with noted strength in feeders under 600 pounds.






(Photo courtesy Canada Beef Inc.)

Klassen: Yearling price trend stalls while calves ratchet higher

Larger players aggressively securing lightweight calves on expectations of low yearling supplies

Reading Time: 2 minutes Western Canadian feedlots are carrying sufficient numbers for the time being and feeding margins remain deep in red ink on unhedged cattle. Secondly, carcass weights are sharply above year-ago levels and Alberta finishing lots are backed up with market-ready supplies.