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(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market stays firm

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Reading Time: 2 minutes Compared to last week, western Canadian prices for yearlings weighing 800 lbs. and over were unchanged; however, calves and yearlings in the 600- to 800-lb. category traded steady to $3 higher. The calf market was hard to define due to small groups of various quality. Strength in deferred live cattle futures along with the weaker […] Read more
(Doug Wilson photo courtesy ARS/USDA)
Barley, Crops, Markets, Spring Wheat, Weather

Feed weekly outlook: Heat reducing potential yields, raising prices

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Reading Time: 2 minutes MarketsFarm — The hot and dry summer that has enveloped all of Western Canada is already bringing down projected yields for feed grains, creating an inverse effect on prices. “We’re losing the crop here right now with the heat and lack of moisture across the Prairies and the northern Plains of the United States,” said […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market consolidates

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Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded $2-$3 on either side of unchanged. In central and southern Alberta, quality yearling steers weighing 800 lbs. continue to hover at the psychological range of $200-$210; lower-flesh steers fresh off grass weighing 900 lbs. are readily quoted in the range of $185-$190. Saskatchewan values are […] Read more
File photo of an Alberta wheat field. (ImagineGolf/E+/Getty Images)
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Alberta feed prices rising

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Reading Time: 2 minutes MarketsFarm — Higher-than-normal temperatures and continued demand for feed have caused prices for Alberta feed barley and feed wheat to increase over the past few weeks. However, that demand has pulled back somewhat. According to Prairie Ag Hotwire data from Wednesday, high-delivered bids for Alberta feed barley were at $7.84 per bushel, 48 cents higher […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market calm but firm

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Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices were unchanged. Most auction markets were closed due to Canada Day. It’s been a busy spring period; there is no doubt about it. Pastures are quickly deteriorating under the intense heat and many ranchers will sell yearlings 30-45 days sooner than normal. The good news is […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Prices dip in Alberta, steady to higher elsewhere

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Reading Time: < 1 minute MarketsFarm — Prices for feed barley and wheat in Alberta pulled back a little this week — and it wasn’t because the province has generally received more rain than the other two Prairie provinces. “There hasn’t been the demand as we typically have at this time of year,” Erin Harakal, senior trader with Agfinity in […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Finishers, Livestock, Markets

Klassen: Yearling prices consolidate, calf values soften

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Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were relatively unchanged; however, calves weighing 500 to 700 lbs. were $2-$4 lower. Featherlight bawlers under 500 lbs. were down $6-$8 from seven days earlier. Strong feedlot buying interest supported quality groups of yearlings. Feed barley prices were down $5-$10 per tonne from last week while the […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Corn, Crops, Markets

Feed weekly outlook: Rising costs cut into cattle profits

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Reading Time: < 1 minute MarketsFarm — Strong demand for beef has kept fed cattle prices in Western Canada well supported, but high feed grain prices continue to cut into profits in the feeder sector, according to CanFax analyst Brian Perillat. Fed cattle prices have rallied for most of 2021, he said, “so feedlots, after losing money for two to […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market remains firm

Canada's feeder exports down off year-ago levels

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Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices were steady to $2 higher on average. Strength was noted in the mid-weight categories as lighter calves and yearlings (900 pounds-plus) were relatively unchanged. Major feedlots were dominant buyers, with little demand surfacing for grassers. Feeding margins are in positive territory and recent rains have enhance […] Read more

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