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
Klassen: Feeder cattle market searching for direction
Feedlots expecting barley prices to drop
Feed weekly outlook: Barley bids soften as sector stabilizes
Reading Time: < 1 minute MarketsFarm — Feed barley bids in Western Canada have softened over the past two weeks, as some normalcy returns to the feeding sector. Feed barley bids delivered into the key Lethbridge feeding area have come down by $6-$8 per tonne over the past two weeks, with current prices around $240 per tonne, said Brandon Motz […] Read more
Klassen: Feeder cattle market experiences mixed tone
Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle sold $2 higher to as much as $4 lower. Larger groups of uniform cattle once again carried a premium but the bulk of feeders were small packages of various quality. Buyers were more aggressive on the 700- to 850-lb. weight categories as they target the fed cattle […] Read more
Klassen: Feeder cattle market grinds lower
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
Feed weekly outlook: Lower stocks support grain prices
Corn still 'competitively' priced
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
Klassen: Canadian feeder market divorces from U.S. values
Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Lower volumes were on offer across the Prairies and the quality was quite variable at smaller sales. Many auction barns are in summer mode; however, there were decent volumes in the major feeding regions of Alberta. Strong feedlot demand was evident on quality […] Read more
Klassen: Feeder market recovery continues
Strength in fed cattle prices the main driver
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
Klassen: Feeder cattle markets reflect mixed tone
U.S. corn offered into southern Alberta
Reading Time: 2 minutes Compared to the previous week, western Canadian yearling prices were $2-$4 higher on average while calves traded unchanged to as much as $8 lower. Larger feedlot operations were actively bidding for 800-plus-lb. feeders across the Prairies due to the limited supply. Lower volumes were available this past week which was supportive for the market. Southern […] Read more
Feed weekly outlook: Barley, wheat holding fairly well
Reading Time: 2 minutes MarketsFarm — Feed prices for wheat and barley have softened over the last month, said Erin Harakal, senior trader for Agfinity at Stony Plain, Alta. “Right now for wheat, we have seen it drop off in the last little bit,” she said, noting barley prices have slipped as well. Harakal pointed to the overwintered barley […] Read more
Klassen: Feeder market banks on fed cattle recovery
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were $4 higher to $4 lower, with the exception of southern Alberta where quality packages were unchanged to $6 higher. Calves and grass cattle traded $2 lower to as much as $5 higher. Certain auctions in Western Canada reported calves trading $4 to as much as $8 […] Read more
A message from April Stewart, Country Guide's Associate Editor
