Reading Time: 2 minutes For the week ending June 7, Western Canadian feeder cattle markets traded steady to as much as $15/cwt higher in some cases. Larger packages of quality replacements over 900 pounds were up $10-$15/cwt from prices seven days earlier.

Klassen: Stronger fed cattle markets lifts feeder complex

Prairie forecast: Mostly warm and dry weather expected
Forecast issued May 28, covering May 28 to June 4, 2025
Reading Time: 3 minutes We start off with high pressure dominating most of the Prairies. A large surface high is sitting over the north-central U.S. This is beginning to tap into more heat and moisture, which will allow for warmer daytime highs and nighttime lows as dewpoints creep up.

Klassen: Lower beef production forecasts support feeder complex
Reading Time: 2 minutes Improving feedlot margins contributed to the stronger feeder market. Alberta packers were buying finished cattle on a dressed basis at $500/cwt delivered which was fresh record high. Using a 60 per cent grading, this equates to a live price of $300/cwt. Feedlot breakeven pen closeouts are in the range of $260-$270/cwt. Feedlots are anxious to reload and larger groups of quality packages are limited at this time of year.

Pulse Weekly: Pulse Canada awaits India decision on peas
India, like China, could put tariffs on Canadian peas
Reading Time: 2 minutes Pulse Canada is in anticipation of a decision by India whether or not to impose tariffs on Canadian yellow peas beginning June 1.

ICE Weekly: No end to July canola’s rise: trader
July canola may have more room to grow
Reading Time: 2 minutes A Winnipeg-based trader is very bullish on July canola, due to depleted stocks and ongoing export demand.

Klassen: Buying interest for feeder cattle subsides
Reading Time: 2 minutes For the week ending May 16, Western Canadian feeder markets were steady to $6 higher on average compared to seven days earlier. Heifers were relatively unchanged but steers were notably stronger, especially on replacements over 800 pounds.

Feed Grain Weekly: Barley still in demand at feedlots
Barley prices to stay put for now: trader
Reading Time: < 1 minute Feed barley is still in demand at feedlots in Lethbridge, but prices will remain steady for the time being, according to a Saskatoon-area trader.

Pulse Weekly: Saskatchewan pea plantings progress
Seeding to be complete in the southeast “in a matter of days”
Reading Time: 2 minutes Pea and other pulse plantings in southeast Saskatchewan are progressing at a rapid pace thanks to timely rains in the region.

Klassen: Feedlot operators become cautious on purchases
Reading Time: 2 minutes For the week ending May 10, Western Canadian feeder cattle markets traded steady to $5 higher on average. Quality packages of lighter calves were priced $10-$15 above week ago levels. Many auction barns are only holding sales every two or three weeks at this time of year with limited numbers on offer. This made the market hard to define in certain weight categories.

Pulse Weekly: Seeding begins in Saskatchewan
More lentils, fewer peas anticipated
Reading Time: 2 minutes Pulse seeding has already begun in Saskatchewan with the dry south putting in lentils, while other parts of the province make preparations.