Finishers & Production Tips

Klassen: Feeder market experiences bouncing behaviour

By Jerry Klassen, GFM Network News October 22, 2019

Compared to last week, western Canadian yearling markets traded $2-$4 higher on average; calves traded $2 to as much as $6 higher. The feeder market has recovered after a softer tone earlier in October. Favourable weather in southern Alberta over the past week caused Lethbridge-area feedlots to step forward more aggressively, especially in the lighter […] Read more

Finishers, Livestock, Markets

Klassen: Limited harvest progress weighs on feeder cattle

By Jerry Klassen, GFM Network News October 15, 2019

Compared to last week, western Canadian feeder cattle markets were down $2 to as much as $8 in some cases. A fortuitous bounce in the barley market resulted in a softer tone for replacement cattle. It appears that the Canadian barley crop will be smaller than earlier anticipated and some of the crop will likely […] Read more

Finishers, Livestock, Markets

Klassen: Adverse weather tempers feeder market

By Jerry Klassen, GFM Network News October 8, 2019

Compared to last week, western Canadian feeder cattle markets traded $3-$5 lower. Excessive snow in Alberta and ongoing rains across Manitoba and Saskatchewan set a negative tone. The market appeared to incorporate a risk discount, although many auction barns had limited numbers on offer. Buyers once again focused on local cattle and avoided transportation over […] Read more

Finishers, Livestock, Markets

Klassen: Yearling prices remain firm

By Jerry Klassen, GFM Network News September 30, 2019

Compared to last week, western Canadian yearling markets were relatively unchanged with the exception of southern Alberta where 800-plus-lb. feeders traded $5 to as much as $8 higher. Strength in deferred live cattle futures and weakness in barley prices were the main factors driving demand in the Lethbridge area. The U.S. Department of Agriculture’s bullish […] Read more

CME October 2019 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Finishers, Livestock, Markets

Klassen: Feeder cattle market remains volatile

By Jerry Klassen, GFM Network News September 24, 2019

Western Canadian yearling markets appeared to stabilize after coming under pressure earlier in the month. Compared to last week, yearling prices were unchanged to $4 higher on average while calf markets traded $2-$3 on either side of unchanged. Major feedlots were more aggressive for 800-plus-lb. cattle as feed grain prices continue to grind lower. Favourable […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market experiences softer demand

By Jerry Klassen, GFM Network News September 18, 2019

Compared to the previous week, western Canadian yearling markets traded $4-$6 lower on average; calves were down $5 to as much as $10 in some cases. U.S. feeder cattle markets were also down $5-$8 from seven days earlier. The extended period of negative feeding margins appears to be taking a toll on the feeder market. […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market experiences mixed tone

By Jerry Klassen, GFM Network News September 10, 2019

Compared to last week, western Canadian yearling prices traded $3-$5 on either side of unchanged. Auction market volumes are growing in Saskatchewan and Manitoba; however, central Alberta prices held a definite premium of $8-$10 over the eastern Prairie regions. Ontario orders are starting to surface in Manitoba but prices were out of reach with Alberta […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market recovers

By Jerry Klassen, GFM Network News August 27, 2019

Compared to last week, western Canadian yearling markets traded $4-$6 higher on average; some packages in Alberta sold $8 to as much as $10 above week-ago levels. Larger feedlot operations were very aggressive on 750- to 900-pounders. The quality of yearlings is excellent at this time of year. Comments from the front row suggest most […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle falter under fed cattle uncertainty

By Jerry Klassen, GFM Network News August 20, 2019

Compared to last week, western Canadian yearling prices were down $2-$4 on average. The feeder cattle market was hard to define due to limited volumes; however, prices were down $2 to as much as $6 in some cases. The Aug. 9 fire at a Tyson packing plant near Holcomb, Kansas set a negative tone for […] Read more

Finishers, Livestock, Markets

Klassen: Feeder prices ratchet higher

By Jerry Klassen, GFM Network News August 5, 2019

Compared to last week, western Canadian yearling markets traded $3-$5 higher on average; however, there were a few feature sales quoted $8 to as much as $10 above week-ago levels. Finishing feedlots were fairly aggressive on backgrounded cattle, which was the main source of yearlings last week. Early grassers are starting to come on the […] Read more

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Finishers

Klassen: Feeder market experiences bouncing behaviour

Klassen: Limited harvest progress weighs on feeder cattle

Klassen: Adverse weather tempers feeder market

Klassen: Yearling prices remain firm

Klassen: Feeder cattle market remains volatile

Klassen: Feeder market experiences softer demand

Klassen: Feeder market experiences mixed tone

Klassen: Feeder cattle market recovers

Klassen: Feeder cattle falter under fed cattle uncertainty

Klassen: Feeder prices ratchet higher

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