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Tag Archives Feedlot

Finishers, Livestock, Markets

Klassen: Rising feed grains pressure feeder market

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Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $3-$6 lower with some reports showing prices as much as $10 lower. Calves traded $2-$4 below week-ago levels; however, the market will be more defined next week, with many auction barns scheduling feature calf sales in the major feeding areas of Alberta. Feeding margins in the […] Read more
Finishers, Livestock, Markets

Klassen: Quality features influence feeder cattle prices

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Reading Time: 2 minutes Western Canadian yearling markets have traded in a sideways range over the past couple of weeks; major feedlot operators have been aggressive for 800-pound-plus feeders just off grass because these cattle are most efficient and therefore, most profitable. Grass yearlings were quoted steady to as much as $5 higher this past week. Backgrounded yearlings were […] Read more
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Prices stronger after harvest

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Reading Time: < 1 minute MarketsFarm — Feed grain prices have been higher as the harvest has concluded across most of the Canadian Prairies. “It feels like last week and this week, the harvest has wrapped up in many areas,” said Allen Pirness, a trader with Market Place Commodities in Lethbridge. “That should switch the focus for getting the crop […] Read more
Finishers, Livestock, Markets

Klassen: Yearling demand remains firm

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Reading Time: 2 minutes Compared to last week, western Canadian yearlings fresh off grass traded steady to $2 higher; backgrounded yearlings were relatively unchanged. The calf market was too thin to quote. Major feedlot operators set the price structure and were once again very aggressive. While many feedlots are backed up with market-ready supplies of fed cattle, some feedlots […] Read more
Finishers, Livestock, Markets

Klassen: Strong demand underpins yearlings

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Reading Time: 2 minutes Compared to last week, yearlings traded steady to $4 higher on average; calves traded $2-$4 lower, although light volumes made the market hard to define. All eyes were on feeder cattle futures, which closed up nearly $4 for the week. This set the direction in Western Canada. Auction barns in Manitoba and Saskatchewan remain in […] Read more
Finishers, Livestock, Markets

Klassen: Feeder cattle market searching for direction

Feedlots expecting barley prices to drop

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Reading Time: 2 minutes Western Canadian feeder cattle prices continue to trade in a sideways pattern. Compared to last week, prices were quoted $2-$3 on either side of unchanged. Most auction barns were on holidays last week and arenas that did hold sales experienced limited volumes. Therefore, the market was hard to define. U.S. feeder cattle markets were steady […] Read more
Finishers, Livestock, Markets

Klassen: Feeder cattle market grinds lower

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Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices were steady to $4 lower on average. Small packages were available and buyers were picking away with subdued interest. There were some “green” strings of yearlings in Alberta and Saskatchewan which were well bid; however, most cattle were characterized by medium to smaller frames. Some of […] Read more
Barley, Crops, Markets

Feed weekly outlook: Lower stocks support grain prices

Corn still 'competitively' priced

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Reading Time: < 1 minute MarketsFarm — Feed grain prices in Western Canada have been strong lately, as old-crop supplies reach seasonal lows. “We’re getting to the bottom of old-crop stocks,” said Allen Pirness of Market Place Commodities in Lethbridge. However, he noted, growing conditions on the Prairies have been favourable, with no indication of a “drought-induced early harvest.” Old-crop […] Read more
Finishers, Livestock, Markets

Klassen: Feeder market recovery continues

Strength in fed cattle prices the main driver

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Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were $6-$8 higher on average while calves were unchanged to $4 higher. Strength in fed cattle prices was the main factor driving the feeder cattle market this week. Alberta direct fed cattle sales were reported on a live basis from $150 to $153 f.o.b. the feedlot, up […] Read more

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