Reading Time: 2 minutes For the week ending May 2, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier. The heifer discount to steers continues to narrow. Steady buying interest from Ontario was noted in Manitoba and certain locations in Saskatchewan.
Klassen: Feeder market consolidates as supplies decrease
ICE Weekly: Canola still higher despite resistance
July canola hits C$700/tonne mark, settles under it
Reading Time: 2 minutes Canola prices at the Intercontinental Exchange were higher during the week ended April 30, but not before the July contract reached the C$700/tonne level and closed under it.
Klassen: Higher packer bids enhance feeder complex
Reading Time: 2 minutes For the week ending April 26, Western Canadian feeder cattle markets traded $3 to $5 higher compared to seven days earlier.
Klassen: Fall fed cattle supply concerns strengthen feeder complex
Reading Time: 2 minutes For the week ending April 19, Western Canadian feeder cattle markets traded $2 to $3 above week-ago levels. Many auction barns did not have sales due to Good Friday but sale volumes were also smaller at active locations.
ICE canola weekly outlook: Tightening supplies supportive
Futures working to ration demand
Reading Time: < 1 minute ICE Futures canola contracts remained in a steady uptrend during the week ended April 16 despite the ongoing global tariff uncertainty, hitting their highest levels of the past year on a nearby weekly chart.
Klassen: Feeder market returns to historical highs
Reading Time: 2 minutes For the week ending April 12, Western Canadian feeder cattle markets traded stead to as much as $10 higher compared to seven days earlier. The market has fully recovered from U.S. tariff uncertainty. Strength in the fed cattle market and healthy feeding margins continue drive replacement prices upward.
U.S. livestock: Losses for cattle, upswing in hog prices
Reading Time: < 1 minute Live and fed cattle futures on the Chicago Mercantile Exchange were lower on Thursday, while those for lean hogs were higher. The June live cattle contract retreated 3.175 cents at 195.200 cents per pound. May feeder cattle futures dropped 2.900 cents at 275.300 cents per pound. The USDA reported wholesale boxed beef prices were lower […] Read more
Klassen: Feeder market experiences volatility during U.S. tariff week
Reading Time: 2 minutes During the week ending April 5, the feeder market felt sluggish early in the week. Prices were a bit softer on Monday and by Wednesday morning, quoted values were $10 to as much $20 below week ago levels. After making weekly lows Wednesday, prices fully recovered to the previous week’s levels.
ICE Canada Weekly: U.S. tariffs may not topple canola market
Reading Time: 2 minutes Potential U.S. tariffs on Canadian canola imports may not cause prices to come down, according to an analyst.
Klassen: Healthy feedlot margins supports feeder complex
Reading Time: 2 minutes For the week ending March 29, Western Canadian feeder cattle markets traded $5/cwt lower to $5/cwt higher compared to seven days earlier. The price structure was largely determined by the crowd's mindset regarding potential U.S. tariffs.
A message from April Stewart, Country Guide's Associate Editor
