Finishers & Production Tips

Klassen: Fed cattle market leads yearlings higher

By Jerry Klassen, GFM Network News July 10, 2018

Compared to last week, yearlings traded $3 to as much as $6 higher. While many auction barns were on holidays, buyers had a full deck of orders for the limited supplies on hand. Many buyers and few sellers characterized the market environment. The quality of cattle is quite variable at this time of year but […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Yearlings lead feeder complex higher

By Jerry Klassen, GFM Network News July 3, 2018

Compared to last week, yearlings traded $3 lower to as much as $8 higher. Lower supplies made the market hard to define in some regions but quality packages were very well bid. Heifers were somewhat softer but overall, the market continues to strengthen. Larger operations in southern Alberta were once again leading the charge higher […] Read more

Barley south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Beef Cattle, Finishers, Livestock, Markets

Klassen: Weaker barley prices enhance yearling prices

By Jerry Klassen, GFM Network News June 26, 2018

Compared to last week, yearlings traded $3 to as much as $8 higher, with strong buying interest noted from Lethbridge-area feedlots. Supplies of quality feeders are rather snug at this time of year and buyers were extremely aggressive on local packages. Prices in the non-major feeding areas appeared to lag southern Alberta markets but orders […] Read more

Finishers, Livestock, Markets

Klassen: Stronger demand sustains feeder cattle market

By Jerry Klassen, GFM Network News June 18, 2018

Western Canadian feeder cattle markets were relatively unchanged from week-ago levels. Feeder cattle numbers are declining at this time of year, so those buyers looking to secure ownership had to be more aggressive. Higher-quality packages were available in Saskatchewan, which traded at a small premium to Alberta markets. In central and southern Alberta, there appeared […] Read more

Finishers, Livestock, Markets

Klassen: Weaker corn, barley prices support feeder market

By Jerry Klassen, GFM Network News June 11, 2018

Western Canadian yearling prices traded $3 to as much as $8 above week-ago levels while calves were steady to $2 higher. Alberta packers were buying fed cattle in the range of $140-$143, unchanged from week-ago levels; however, a fortuitous $5 bounce in the U.S. fed cattle market bolstered buying enthusiasm for replacements. Feeder cattle futures […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market stabilizes on lower supplies

By Jerry Klassen, GFM Network News June 4, 2018

Compared to last week, western Canadian feeder cattle prices were unchanged to $2 higher on average. Feeder cattle markets appear to have divorced from the fed cattle complex and calves are now reaching levels not seen since November last year. Feedlot operators were fairly aggressive on all weight categories under 900 lbs., but heavier yearlings […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market undergoes minor recovery

By Jerry Klassen, GFM Network News May 28, 2018

Compared to last week, western Canadian yearlings sold $3 to as much as $6 higher while calf markets were relatively unchanged. Feeder cattle futures experienced a $5-$7 rally, which quickly renewed optimism in the cash trade. Ideas that yearling supplies will drop below year-ago levels on both sides of the border this August spurred on […] Read more

Finishers, Livestock, Markets, Reuters

CME amends feeder cattle futures, options rules

By Reuters, GFM Network News May 22, 2018

Chicago | Reuters — The Chicago Mercantile Exchange will amend the feeder cattle futures contract rule to include cattle identified in the U.S. Department of Agriculture reports as fancy, thin, fleshy, gaunt or full in the calculation of CME’s feeder cattle index price, the exchange said in a release Tuesday. The amendment change will be […] Read more

Finishers, Livestock, Markets

Klassen: Fed cattle market drops, feeder market follows

By Jerry Klassen, GFM Network News May 21, 2018

Compared to last week, western Canadian yearling prices were trading $3-$5 lower; markets for calves and feeders fit for grass were unchanged to $3 lower. Alberta packers were buying fed cattle at $242 on a dressed basis, down $20-$28 from seven days earlier. The sharp drop in the fed cattle market caused feedlot operators to […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market faces many headwinds

By Jerry Klassen, GFM Network News May 14, 2018

Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Feedlot operators and order buyers were contending with a number of variables which resulted in a defensive tone. First, the Canadian dollar rallied late in the week, derailing any buying interest from south of the border. U.S. feeder cattle markets were also trading […] Read more

GFM Network News

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Finishers

Klassen: Fed cattle market leads yearlings higher

Klassen: Yearlings lead feeder complex higher

Klassen: Weaker barley prices enhance yearling prices

Klassen: Stronger demand sustains feeder cattle market

Klassen: Weaker corn, barley prices support feeder market

Klassen: Feeder market stabilizes on lower supplies

Klassen: Feeder market undergoes minor recovery

CME amends feeder cattle futures, options rules

Klassen: Fed cattle market drops, feeder market follows

Klassen: Feeder market faces many headwinds

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