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Klassen: Feeder market remains firm

For the week ending February 21, Western Canadian markets for yearlings or backgrounded cattle traded steady to $10/cwt higher. The calf market was mixed with values quoted $5 higher to $10/cwt lower. Feedlot margins appear to be improving in the short-term which supported the yearling market. Extremely cold temperatures across most of Alberta may have […] Read more



Photo: Geralyn Wichers

Klassen: Feeder market eyes fed cattle for direction

For the week ending February 14, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. The deferred live cattle futures have been consolidating in a narrow range over the past month, which has limited the upside in the feeder complex. Supplies of yearlings or replacements over 800 pounds are increasing as […] Read more



Photo: Greg Berg

U.S. livestock: Chicago cattle and hogs slide back

Chicago Mercantile Exchange cattle and hog futures slipped back on Tuesday. Most-active April live cattle contracts lost 0.775 cents to close at 237.425 cents a pound. June futures settled at 233.800 cents a pound, down 0.525 cents. Most-traded March feeder cattle futures closed at 364.775 cents a pound, down 2.675 cents. April feeders settled at […] Read more


Photo: Kat72/Getty Images Plus

Klassen: Calf markets continue to climb

For the week ending February 7, Western Canadian feeder markets traded $10 higher to $10 lower compared to seven days earlier. The cash market was extremely volatile as the sell-off in the feeder cattle futures on Thursday, February 5, installed cautious tone amongst buyers late in the week. Fleshier cattle in smaller packages were discounted […] Read more