Reading Time: 2 minutes For the week ending June 17, western Canadian feeder cattle prices were quoted $2-$5/cwt higher on average compared to seven days earlier. However, larger packages of quality yearlings traded $8-$10/cwt above week-ago levels. The market was hard to define because available supplies are dwindling at this time of year. The quality of cattle was extremely […] Read more
Klassen: 800-lb. steers touch $300/cwt mark
Nearby cash market at odds with futures
Klassen: Feeder cattle under 500 lbs. jump over $400
U.S. beef output expected down in 2024
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices for 800-lb.-plus cattle traded $8-$10/cwt higher. Feeder cattle in the range of 600-800 lbs. were up $6-$8/cwt on average. Calves weighing 500-600 lbs. were unchanged to $10 higher, although supplies were limited. Feather-light calves under 500 lbs. traded $10 to as much as $30 over week-ago levels. […] Read more
Klassen: Texas flooding lifts Canadian feeder market
Fed cattle in counter-seasonal trend
Reading Time: 2 minutes For the week ending Sunday, western Canadian feeder cattle markets traded $6-$8 higher. In some cases, quality yearling packages traded as much as $10 above week-ago levels. Live and feeder cattle futures closed the week US$8-$9 higher as traders monitored flooding conditions in Texas. Alberta packers were buying fed cattle on a live basis in […] Read more
Klassen: Canadian feeder market rationing demand
Improvement seen in feeding margins
Reading Time: 2 minutes For the week ending Saturday, western Canadian feeder markets averaged $3-$6/cwt higher compared to seven days earlier. Weakness in the Canadian dollar along with strength in the deferred live cattle futures set a positive tone. Recent rains have enhanced yield potential for the Canadian barley crop, which also underpinned nearby cash values. Alberta packers were […] Read more
Klassen: Lower beef production forecast drives feeder market higher
Feedlots factoring in lower feed grain values
Reading Time: 2 minutes Compared to the week ending May 6, western Canadian yearling prices were $2-$4 higher while calf values were up $2 to as much as $8 on average. The feeder market was well bid across all weight categories. Demand for grass cattle appeared to be more aggressive this past week. Yearling supplies will decrease over the […] Read more
Klassen: Feeder market eyes feed grain complex
Downside expected in new-crop barley prices
Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded steady to $2 higher on average. Alberta packers were buying fed cattle on a dressed basis in the range of $353-$357/cwt delivered last week, up from the average price of $348/cwt delivered seven days earlier. Strength in the fed cattle market continues to support the […] Read more
Klassen: Stronger fed cattle market pulls feeders upward
Feedlots becoming more current with production
Reading Time: 2 minutes Compared to last week, western Canadian yearling and calf markets were quoted steady to $5 higher on average. Strength was noted in southern Alberta. In the Lethbridge area, prices for lighter flesh replacements were up as much as $10 from seven days earlier. Larger supplies of backgrounded cattle are coming on the market at this […] Read more
Klassen: Feeder market scaling fresh heights
Heifer retention expected in U.S. this spring
Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $5 to as much as $10 higher. Replacements in the 650- to 800-lb. category were up $6-$12; calves under 650 lbs. were relatively unchanged although volumes were limited. Lightweight calves were hard to come by last week. Weather may have been a factor. Many factors contributed […] Read more
Klassen: Feeder market continues the climb
Statistics show tightening supplies in Canada, U.S.
Reading Time: 2 minutes Compared to last week, western Canadian feeder markets yearling markets traded $2-$5 higher. Replacements in the 700- to 800-lb. weight category appeared to jump $5 to as much as $15 in some cases. Calves weighing 500-700 lbs. were unchanged to $4 higher on average after rallying nearly $20 over the past month. There were limited […] Read more
Klassen: Feeder market stabilizes after recent climb
Calf prices in Manitoba show premium over Alberta
Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged. Replacements weighing 650-800 lbs. appeared to traded steady to $4 higher while calves under 650 lbs. were steady to $4 lower. The cost per pound gain is reaching unprecedented levels and fleshier cattle were discounted quite severely in some cases. […] Read more
A message from April Stewart, Country Guide's Associate Editor
