Reading Time: 2 minutes Compared to last week, western Canadian yearling markets were $4 on either side of unchanged and the market was quite variable across the Prairies. Strength was noted early in the week but feedlot operators pulled in the reins on Thursday and Friday. Strength in the barley market along with lower feeder cattle prices south of […] Read more
Klassen: Feeder market eyes feed grain prices
Klassen: Strong demand drives yearlings higher
Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $2-$3 higher, with quality packages advancing $4-$6. Feedlot operators shrugged off the weaker live cattle futures as feed grain prices came under pressure. Cattle brokers were carrying a full deck of orders, which allowed for limited slippage. Feedlots are anxious to secure ownership early in the […] Read more
Klassen: Small volumes characterize feeder cattle market
Reading Time: 2 minutes It’s that time of year when the feeder cattle market experiences a calm before the storm. The fall run will get underway over the next three weeks and recent market activity appears to be quite positive. Last week, yearlings and calves traded $3 on either side of unchanged compared to seven days earlier. However, larger […] Read more
Klassen: Stronger beef demand underpins feeder market
Reading Time: 2 minutes Compared to last week, Western Canadian yearling markets traded $2 to $4 higher on average while calves were relatively unchanged. It appears that yearling supplies could be down 2 per cent to 4 per cent this fall which has feedlots being more aggressive early in the season. Major markets in Alberta led the charge higher […] Read more
Klassen: Feeder market jumps on optimistic outlook
Reading Time: 2 minutes Western Canadian yearling prices were slightly softer during the second week of July, due to the historical high weekly marketings of feeder cattle south of the border; however, the market fully recovered last week. Feeder cattle prices tend to make a seasonal high in late July and this year is no exception. Market reports in […] Read more
Klassen: Large U.S. supplies weigh on Canadian feeder market
Reading Time: 2 minutes Compared to last week, feeder cattle prices were down $3 to as much as $6 across all weight categories. Most auction barns were closed last week for summer holidays and only small volumes traded in the key regions of Alberta. Feedyards are also running a skeleton crew, providing some much-needed time off after a busy […] Read more
Klassen: Fed cattle market leads yearlings higher
Reading Time: 2 minutes Compared to last week, yearlings traded $3 to as much as $6 higher. While many auction barns were on holidays, buyers had a full deck of orders for the limited supplies on hand. Many buyers and few sellers characterized the market environment. The quality of cattle is quite variable at this time of year but […] Read more
Klassen: Yearlings lead feeder complex higher
Reading Time: 2 minutes Compared to last week, yearlings traded $3 lower to as much as $8 higher. Lower supplies made the market hard to define in some regions but quality packages were very well bid. Heifers were somewhat softer but overall, the market continues to strengthen. Larger operations in southern Alberta were once again leading the charge higher […] Read more
Klassen: Stronger demand sustains feeder cattle market
Reading Time: 2 minutes Western Canadian feeder cattle markets were relatively unchanged from week-ago levels. Feeder cattle numbers are declining at this time of year, so those buyers looking to secure ownership had to be more aggressive. Higher-quality packages were available in Saskatchewan, which traded at a small premium to Alberta markets. In central and southern Alberta, there appeared […] Read more
Klassen: Weaker corn, barley prices support feeder market
Reading Time: 2 minutes Western Canadian yearling prices traded $3 to as much as $8 above week-ago levels while calves were steady to $2 higher. Alberta packers were buying fed cattle in the range of $140-$143, unchanged from week-ago levels; however, a fortuitous $5 bounce in the U.S. fed cattle market bolstered buying enthusiasm for replacements. Feeder cattle futures […] Read more
A message from April Stewart, Country Guide's Associate Editor
