Jerry Klassen

Feeder cattle futures were under pressure last week as December corn futures moved above the psychological $4.50 level. Top-quality steers weighing just over 900 pounds were selling for $106 in southern Alberta; 825-pound steers reached up to $114. Basis levels in Western Canada strengthened by $3 to $6 last week as auction market prices were […] Read more

Feeder cattle futures made new contract highs last week due to tight available supplies and stronger fed cattle prices. While it is not unusual to see a correction after a surge higher, prices are expected to be well supported into the fall period. U.S. feeder cattle were $1 to $3 higher last week on average, […] Read more

Feeder cattle prices in Alberta and Saskatchewan were steady to $1 higher last week; U.S. values were $1 to $3 higher for yearlings while lighter calves traded $2 higher to $2 lower. Most of the auction market activity occurred before the surge in U.S. fed cattle prices. Nebraska steers jumped $5 to $7 last week, […] Read more

Yearling prices in Western Canada reached their highest levels in two years as top-quality 800-pound steers in southern Alberta were trading in the range of $112 to $115 per hundredweight. Stronger fed cattle prices and tighter yearling numbers have resulted in the firmer tone. Lighter-weight 6-weight calves were being purchased in the range of $110 […] Read more

Feeder cattle prices were steady to $1 higher in comparison to the previous week as stronger live cattle prices spilled over into local auction markets. The beginning of the yearling run is always quite strong and this year is no different with renewed optimism in the feedlot sector. Live cattle futures are making new highs […] Read more

Feeder cattle prices in Western Canada were uneven over the past week, with certain locations showing $1 to $2 higher while others were $1 to $2 lower. Very little activity was noted in Manitoba and Saskatchewan and with the lighter volume it was difficult to get a handle on the actual price structure. U.S. markets […] Read more

Feeder cattle in Western Canada were steady to $1 higher on average last week, with active feedlot demand chasing good-quality cattle. In Southern Alberta, seven-weight steers were selling for $114 to $120 while cattle in the 800- to 900-pound category were bringing back $103 to $106. Oklahoma markets saw cattle weighing 750 pounds bring back […] Read more

Western Canadian feeder cattle prices continue to ratchet higher due to spillover strength from the fed cattle. Prices for seven-weight steers were steady to $2 higher last week but volumes were rather light. Many auction markets are still in holiday mode and few cattlemen are willing to put grassers on the market at this time. […] Read more

Feeder cattle prices in Western Canada were steady to $2 higher last week; volumes were rather light with many auction markets still closed for summer holidays. There are not many cattle coming on the market in Western Canada, which makes it difficult to get a handle on the current price structure. Fed cattle were selling […] Read more