Dec. 21 — The western Canadian feeder cattle market has stabilized after a week of harsh weather. Year-end income management, along with lower numbers coming on the market, resulted in a slightly higher price structure. The U.S. feeder market was steady to $3 higher, but this had a limited effect on the weekly export pace. […] Read more
Klassen: Feeder cattle prices softer
Klassen: Extreme temperatures temper feeder demand
Dec. 15 — The U.S. feeder market was $3 to $5 lower last week; Canadian values were steady to $3 lower. Adverse weather conditions across North America set a negative tone to the feeder market. Feedlots in Western Canada are dealing with extreme weather conditions and are not looking to bring in additional supplies at […] Read more
Klassen: feeder cattle prices continue under pressure
Feeder cattle prices remain under pressure in Western Canada due to lower fed cattle prices, negative feedlot margins and weaker deferred live cattle futures. There is little optimism in the cattle business as the Canadian dollar continues to trade near US95 cents. Canadian triple AAA prices continue to trade near two-year lows as the beef […] Read more
Fed Cattle Prices Remain Soft
Fed cattle prices in Southern Alberta continue to hover near the 2009 lows. Steers were trading hands in the range of $79 to $81 in mid-November as the strong Canadian dollar continues to weigh on domestic prices. In addition to slower slaughter cattle exports, beef product values have also come under pressure as exports due […] Read more
Hog Prices Turning Around
Cash hog prices in Peoria were reported at $34/ cwt in mid-November, up from the lows of $29 in October. At the same time, Canadian prices in Manitoba were reported at $1.05/kg for nearby delivery, up approximately $0.10/ kg from a month earlier. The market is starting to realize an increase in demand while supplies […] Read more
Klassen: Larger supplies anticipated in Canada, U.S.
Dec. 1 — Feeder cattle prices in Western Canada remain soft due to larger available supplies and negative margins in the finishing feedlot sector. Values were $1 to $2 per hundredweight (cwt) lower on average this past week, with cattle merchants reporting additional pressure on the heavier calves. “Tax deferred” buying is starting to step […] Read more
Klassen: Feeder cattle exports way down
Nov. 23 — Feeder cattle markets were steady to $2 lower in Western Canada for the week ending Nov. 20. Margins for the finishing feedlot remain deep in red ink and there is very little buying enthusiasm among feedlot managers these days. The fed cattle market in Alberta traded in the range of $76-$78 per […] Read more
Klassen: Supplies weighing down feeder market
Nov. 17 — According to CanFax, the number of feeder cattle placed in Alberta and Saskatchewan feedlots during January through October was 1.682 million head, which is down 5.3 per cent from 1.776 million head for the same timeframe in 2008. Canadian feeder cattle exports to the U.S. for the first 10 months of 2009 […] Read more
Klassen: Enthusiasm hits feeder market
NEW FEATURE: Jerry Klassen, an independent commodity trader well known to readers of Canadian Cattlemen and the Cattleman’s Corner section in Grainews for his analysis of the livestock markets, now brings a new weekly column on cattle markets to AGCanada.com and its affiliated sites. Nov. 9 — U.S. feeder prices are $3-$4 per hundredweight (cwt) […] Read more
Hog Prices Improving For 2010
U. S. Hog Inventory Sept 1 All hogs and pigs Kept for breeding Market hogs Under 60 pounds 60 to 119 pounds 120 to 179 pounds 180 pounds and over 2009 as % of 2008 97.7 96.9 97.8 96.3 97.9 98.6 99.7 Hog prices will likely stay under pressure for the remainder of 2009 but […] Read more
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