Finishers & Production Tips

Cattle market looking strong in many respects

Market Update: Not a great fall to be thinking of backgrounding calves

By Jerry Klassen September 4, 2018

In early August, Alberta packers were buying fed cattle in the range of $244 to $247 on a dressed basis while live-basis prices were quoted in the range of $145 to $146. The market has traded in a sideways range throughout the summer and it appears that the seasonal lows may be in place. Beef demand is coming in higher than anticipated with the […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market reflects vulnerability

By Jerry Klassen, GFM Network News September 4, 2018

Compared to last week, western Canadian yearling markets traded within $5 on either side of unchanged. Strength was noted in the major feeding regions of Alberta while subdued buying interest was noted in other regions of the Prairies. Major operations focused on local cattle, especially in southern Alberta. Feature sales attracted larger crowds which enhanced […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market softens

By Jerry Klassen, GFM Network News August 28, 2018

Compared to last week, western Canadian yearling prices were $2-$5 lower on average while calf markets were relatively unchanged. Weakness in deferred live cattle futures, along with stronger barley prices, set a negative tone. Most of the Prairies have received less than 40 per cent of normal precipitation over the last 30 days, but this […] Read more

Barley. (Photo courtesy Canada Beef Inc.)

Finishers, Livestock, Markets

Klassen: Feeder market eyes feed grain prices

By Jerry Klassen, GFM Network News August 21, 2018

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

Finishers, Livestock, Markets

Klassen: Strong demand drives yearlings higher

By Jerry Klassen, GFM Network News August 14, 2018

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

Strong demand from the U.S. will continue to support Western Canadian feeder prices.
Photo: Canada Beef Inc.

Finishers, Livestock, Markets

Klassen: Small volumes characterize feeder cattle market

By Jerry Klassen, GFM Network News August 7, 2018

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

Finishers, Livestock, Markets

Klassen: Stronger beef demand underpins feeder market

By Jerry Klassen, GFM Network News July 31, 2018

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

Finishers, Livestock, Markets

Klassen: Feeder market jumps on optimistic outlook

By Jerry Klassen, GFM Network News July 23, 2018

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

Cattleman’s Corner, Finishers, Markets

Yearlings gain on tighter supplies

Market Update: Feedlots counting on lower feed costs this fall

By Jerry Klassen July 19, 2018

In late June, Alberta packers were buying fed cattle in the range of $243 to $245/hundredweight on a dressed basis and $143 to $145 on a live basis. The fed cattle market has dropped about $12 over the past month and will likely continue to grind lower into July and August. The U.S. and Canadian […] Read more

Finishers, Livestock, Markets

Klassen: Large U.S. supplies weigh on Canadian feeder market

By Jerry Klassen, GFM Network News July 16, 2018

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

GFM Network News

U.S. livestock: Cattle futures spike, hogs mixed

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Russia’s top agriculture official blames low global grain prices for export slowdown

Finishers

Cattle market looking strong in many respects

Klassen: Feeder market reflects vulnerability

Klassen: Feeder cattle market softens

Klassen: Feeder market eyes feed grain prices

Klassen: Strong demand drives yearlings higher

Klassen: Small volumes characterize feeder cattle market

Klassen: Stronger beef demand underpins feeder market

Klassen: Feeder market jumps on optimistic outlook

Yearlings gain on tighter supplies

Klassen: Large U.S. supplies weigh on Canadian feeder market

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