Finishers & Production Tips

Klassen: Beef demand drives feeder market higher

By Jerry Klassen, GFM Network News November 7, 2017

Compared to last week, Western Canadian yearling prices were $5 higher on average; calves traded $3 to as much as $6 above week ago levels. Strength in fed cattle prices quickly spilled over into the feeder complex, especially on shorter keep replacements. On Friday, Alberta packers were buying fed cattle from $247 to $250 on […] Read more

Cow-Calf, Finishers, Livestock

Cattle traceability to pay off in Cargill pilot

By GFM Network News November 1, 2017

UPDATED, Nov. 2 — A pilot program running through one of Canada’s biggest beef packing plants aims to test systems that can show consumers the exact path of their beef from ranch to restaurant — and reward cattle producers for their trouble. Cargill on Wednesday announced a new year-long Canadian Beef Sustainability Acceleration pilot, with […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market remains firm

By Jerry Klassen, GFM Network News October 31, 2017

Western Canadian yearling markets were trading $3 to as much as $6 above week-ago levels while calf prices were relatively unchanged. The Canadian dollar was under pressure all week, closing Friday at US77.85 cents, the lowest levels since mid-July. At the same time, April live cattle futures made fresh contract highs, reflecting a week-over-week gain […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market loses momentum

By Jerry Klassen, GFM Network News October 24, 2017

Compared to last week, western Canadian yearling prices were unchanged while calves traded $3 lower to $3 higher. Feedlot operators pulled in the reins and realized the market may have overextended itself. Feeder cattle prices are now at levels where margins are negative in the deferred positions. Order buyers could feel the momentum subside this […] Read more

Finishers, Livestock, Markets, Reuters

U.S. September cattle placements surge

By GFM Network News October 21, 2017

Chicago | Reuters — Ranchers in September drove 13.5 per cent more cattle into U.S. feedlots than the same month a year earlier, the U.S. Department of Agriculture reported on Friday. The result topped analysts’ average forecasts and hit its highest level for the month in six years. “The good news for the consumer is […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder cattle market surges

By Jerry Klassen, GFM Network News October 17, 2017

Western Canadian feeder cattle markets experienced a precipitous bounce over the past week. Compared to seven days earlier, yearling traded $4-$6 higher; calf markets were trading $3 to as much as $10 above week-ago levels; prices for feather-light bawlers surged with 300- to 400-pounders touching the magical $300 level in some areas. Optimal weather enhanced […] Read more

Finishers, Livestock, Markets

Klassen: Friendly beef price outlook supports feeder market

By Jerry Klassen, GFM Network News October 10, 2017

Compared to last week, yearling prices were $2 to as much as $5 higher, while calf markets traded $3-$7 above week-ago levels. The yearling run is coming to a close and feedlots scrambled to secure yearling ownership. Across Alberta, feature lots of high-quality 900-lb. steers were trading around $190 and this set the tone for […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market holds values through volatility

By Jerry Klassen, GFM Network News October 2, 2017

Buyers kept a respectful distance from the market early in the week. Western Canadian feeder cattle markets were lackadaisical due to the bearish sentiment of the U.S. Department of Agriculture’s Cattle on Feed report. However, by Friday, all weight categories were trading steady with week-ago levels. Feedlot operators were bent upon ownership with an insatiable […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market maintains upward momentum

By Jerry Klassen, GFM Network News September 25, 2017

Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $8 higher. Strong gains in the live and feeder cattle futures, along with the softer Canadian dollar, set a positive tone for all weight categories. Central and southern Alberta feedlot operators were quite aggressive on local cattle, which caused major […] Read more

Finishers, Livestock, Markets, Reuters

U.S. cattle placements spike in August

By Michael Hirtzer, GFM Network News September 22, 2017

Chicago | Reuters — Ranchers placed 1.93 million cattle in U.S. feedlots in August, the U.S. Department of Agriculture said on Friday, in a stronger-than-expected report likely to weigh on futures early next week. Cattle placements rose about three per cent from August in 2016, USDA said. Analysts polled by Reuters had predicted a decline […] Read more

Canadian Cattle Association focused on CUSMA review as trade talks with U.S. continue

Prairie forecast: Merging lows bring plenty of chances for rain

Glencore says long-term strategy may involve sale of Bunge stake

GFM Network News

Canadian Cattle Association focused on CUSMA review as trade talks with U.S. continue

Prairie forecast: Merging lows bring plenty of chances for rain

Glencore says long-term strategy may involve sale of Bunge stake

Finishers

Klassen: Beef demand drives feeder market higher

Cattle traceability to pay off in Cargill pilot

Klassen: Feeder cattle market remains firm

Klassen: Feeder cattle market loses momentum

U.S. September cattle placements surge

Klassen: Feeder cattle market surges

Klassen: Friendly beef price outlook supports feeder market

Klassen: Feeder market holds values through volatility

Klassen: Feeder market maintains upward momentum

U.S. cattle placements spike in August

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