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
Klassen: Feeder cattle market grinds lower
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
Feed weekly outlook: Overwintered barley beats expectations
Reading Time: < 1 minute MarketsFarm — Last fall’s remaining barley crops coming off the field this spring were at risk of causing a supply glut in feed grain markets. Luckily, however, those overwintered barley crops are in better-than-expected condition, and not all of them are going into the feed market. “We thought there would be a lot more coming […] Read more
Klassen: Yearlings trade lower, calves ratchet higher
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were $4-$6 lower; mid-weight feeder cattle traded $2 higher to $4 lower. Lighter calves and grassers were quite variable. In Alberta, these cattle ranged from unchanged to as much as $8 higher on average while in the eastern Prairie regions, calves traded $4 lower to $4 higher. […] Read more
Klassen: Yearling prices stay sluggish, calves hold value
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were steady to $4 lower; calves and grass cattle were relatively unchanged. Early in the week, the mood was quite depressing; yearlings were under pressure with feedlot buyers on the sidelines. By Friday, the market appeared to be well established. Backgrounding operators have been active sellers over […] Read more
A message from April Stewart, Country Guide's Associate Editor
