GFM Network News


CME August 2021 feeder cattle (candlesticks) with Bollinger bands (20,2) and 100-day moving average (black line). (Barchart)

Klassen: Stronger demand drives feeder market

Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were $3 to as much as $6 higher, but calf prices were relatively unchanged. Major feedlot operators were very aggressive on heavier calves and yearlings weighing 700-850 lbs. Yearlings over 850 lbs. were also well bid but not as strong as their lighter-weight counterparts. Feed barley prices […] Read more

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Klassen: Feeder market digests USDA acreage report

Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets were relatively unchanged. Lower flesh yearlings appeared to trade $2-$3 higher in certain pockets of Alberta but replacements carrying excessive butter experienced severe discounts of $6 to as much as $10 in some cases. October and December live cattle futures made fresh contract highs, which underpinned […] Read more



CME May 2021 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Klassen: Feeder market remains volatile

Feed grain values remain firm

Reading Time: 2 minutes Last week, western Canadian yearling markets were traded $2-$4 above week-ago levels from Monday through Wednesday; however, buyers backed away from the market on Thursday and Friday as feeder cattle futures fell nearly $7 from Wednesday’s high. By the end of the week, yearlings were relatively unchanged from week-ago levels. Calf prices were relatively flat […] Read more



(Lovelyshot/iStock/Getty Images)

Klassen: Steady demand supports feeder cattle prices

Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were unchanged while calves were steady to $2 higher on average. Auction barns received larger supplies of backgrounded cattle and there was a fair amount of direct trade of yearlings off farm. Larger supplies of heavier-weight feeders appeared to limit the upside but there was no slippage. […] Read more


(Photo courtesy Canada Beef Inc.)

Canada’s year-end cattle herd continues shrinking

Slaughter beat pre-pandemic pace in second half, StatsCan says

Reading Time: 2 minutes Year-over-year contraction continued for Canada’s cattle herd at the start of 2021, while newborn piglet counts kept Canada’s hog herd on the rise during the same period, according to Statistics Canada. StatsCan on Monday reported 11.2 million cattle on Canadian farms at Jan, 1, 2021 — down one per cent from the year-earlier date and […] Read more

(WPohlDesign/iStock/Getty Images)

Klassen: Cold weather slows feeder cattle market activity

Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Extreme temperatures blanketed Western Canada last week. Many auction barns cancelled sales or had limited numbers on offer. Buyers attended sales either in person or via the internet, which was supportive to the overall price structure. Many backgrounders and cow-calf producers delayed sales […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Lower U.S. calf crop spurs buying interest

Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded steady to $2 higher; calves in the range of 550-800 lbs. were up $2-$4; and calves under 550 lbs. surged $4-$8 on average. Certain auction barns reported that grassers traded $8-$12 above week-ago levels. Colder temperatures caused some sellers to delay sales; however, there was no […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market bounces on optimistic outlook

Feed barley remains near historical highs

Reading Time: 2 minutes Compared to last week, western Canadian yearling prices traded $2-$4 higher; prices for mid-weight calves were quoted $4-$8 above week-ago levels. Calves under 550 lbs. traded $6 to as much as $10 higher compared to seven days earlier. Improving feedlot margins were the main factor driving the feeder market. June and August live cattle futures […] Read more