(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market brewing but caution prevails

Western Canadian feeder cattle prices were steady to $4 higher relative to week-ago levels. Yearling volumes are starting to increase in central and northern Alberta while the southern and eastern regions experienced limited activity. Buyers’ opaque attitudes resulted in a firmer tone and no one could feel guilty for a minor intemperance. However, the circumspect […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Large beef supplies weigh on feeder market

Western Canadian feeder cattle prices experienced a week-over-week decline of $8-$12 on average while isolated sales dropped nearly $20. The sharp fall in the fed cattle market was the main reason for the deteriorating buying interest. Just when feedlots thought the worst was over, the market gave them another dose of reality. The retail market […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Limited buying interest softens feeder market

Just when I thought feeder cattle prices were stabilizing, once again the unexpected occurs. A sharp rally in U.S. grain futures, along with weaker fed cattle prices, caused western Canadian feeder cattle to trade $6-$12 lower compared to week-ago levels. Auction markets reported limited buying interest, with often only two or three larger feedlots stepping […] Read more

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U.S. Nov. feedlot cattle placements slump to record low

Chicago | Reuters –– Cattle movement into U.S. feedlots in November fell 11 per cent from a year ago to their lowest level since the government began compiling the data in 1996, a U.S. Department of Agriculture report showed on Friday. Analysts attributed last month’s much smaller-than-expected placements to deteriorating margins that prompted feedyards to […] Read more








(Photo courtesy Canada Beef Inc.)

October U.S. cattle placements not as slow as expected

Chicago | Reuters –– The number of cattle placed in U.S. feedlots in October declined versus last year, a government report showed on Friday, but not by as much as expected, said analysts. While pricey calves discouraged feedlots from buying them, high-priced slaughter cattle and deteriorating summer pastures drew more livestock into feeding pens, they […] Read more