Reading Time: 2 minutes For the week ending 26, Western Canadian calf markets were up $8-$12/cwt on average compared to seven days earlier. Pee-wee calves were up $20-$25/cwt compared to the prior week. Finishing feedlot operators were active buyers in all weight categories while backgrounders were cleaning up on smaller packages of calves under 550 pounds.
Klassen: Western Canadian calf market surges
Klassen: Canadian feeder markets trades premium to U.S. values
Reading Time: 2 minutes For the week ending October 19, Western Canadian yearling markets traded $3 to $5 on either side of unchanged compared to seven days earlier. Calf prices were $5 to as much as $10 higher. Strength in the deferred live cattle futures along with the weaker Canadian dollar has resulted in positive margins on incoming calves. Therefore, the calf market has developed a floor price.
Klassen: Calf market ratchets higher
Reading Time: 2 minutes For the week ending October 12, the Western Canadian prices for yearlings off grass and backgrounding operations were relatively unchanged from seven days earlier. The Lethbridge market for calves was up $8-$10 from week-ago levels while calf markets in the non-major feeding regions were up a solid $4-$6 on average.
Klassen: Feeder markets experience stronger demand
Reading Time: 2 minutes For the week ending October 5, Western Canadian prices for grass yearlings were steady to as much as $10 higher while values for backgrounded yearlings were relatively unchanged. Calf markets were quite variable with preconditioned 650-800 pound calves trading $4-$8 above week-ago levels. Prices for non-weaned bawlers were relatively unchanged.
Klassen: Western Canadian calf markets percolate higher
Reading Time: 2 minutes Strength in the deferred live cattle futures has spilt over into the feeder complex. Alberta and Saskatchewan placements in the lighter weight categories are down from year-ago levels which is resulting in stronger Alberta fed cattle basis levels for next spring. These are the main factors influencing the calf markets in Western Canada.
U.S. livestock: Cattle close higher, lean hogs fall ahead of USDA report
Reading Time: 2 minutes Feeder and live cattle futures turned higher on Thursday, as technical trading, a steady cash market and weakness in grain futures gave cattle contracts a boost.
U.S. livestock: Cattle close mostly lower, consolidating after 2-month top
Reading Time: 2 minutes Mercantile Exchange live cattle futures ended mostly lower on Wednesday, consolidating a day after the benchmark December contract LCZ25 set a near two-month high.
U.S. livestock: CME cattle end mostly higher as Wall Street climbs
Reading Time: < 1 minute Benchmark December live cattle futures LCZ24 on the Chicago Mercantile Exchange climbed to their highest in nearly two months on Tuesday, supported by technical buying and a rosy outlook for beef demand tied to strength in Wall Street equity markets, analysts said.
Klassen: Western Canadian feeder market demand remains firm
Reading Time: 2 minutes Ontario buying interest was evident in Manitoba yearling markets. U.S. buyers were more interested in lighter calves and were shopping for pre-conditioned groups of sizeable volume. Certain finishing operators in Alberta were more aggressive on grass yearlings after waiting for lower prices earlier in the season.
U.S. livestock: Cattle futures strengthen on healthy US export demand, positioning
Reading Time: < 1 minute Chicago Mercantile Exchange live cattle and feeder cattle futures jumped on Thursday as traders adjusted positions ahead of the U.S. Department of Agriculture's monthly cattle on feed report and saw strong U.S. export demand, according to analysts.
A message from April Stewart, Country Guide's Associate Editor
