(Geralyn Wichers photo)

Klassen: Ontario demand sets the price structure for calves

Corn in Ontario at $232/tonne, U.S. corn in southern Alberta at $315

For the week ending Oct. 14, western Canadian yearling prices were steady to $4 higher compared to a week earlier. Calves in the range of 500 to 800 pounds traded $4-$6 lower in Alberta. However, in eastern Saskatchewan and in Manitoba, calves in this weight category were relatively unchanged compared to the previous week. In […] Read more

(Dave Bedard photo)

FCC to offer beef heifer replacement loans

Loan program for those wanting to build, maintain herds

Cattle producers wanting to expand or maintain herds — in a time of nationwide herd contraction — are the expected beneficiaries for a new loan program from Farm Credit Canada. FCC on Tuesday announced what it calls the Replacement Heifer Program, consisting of a loan with a maximum loan life of seven years and a […] Read more


File photo of a case of lumpy skin disease in Bangladesh. (Md Babul Hosen/iStock/Getty Images)

Australia buys vaccines for lumpy skin disease to safeguard cattle exports

Recent scares halted some live export trade

Canberra | Reuters — The Australian government said on Wednesday it had bought a supply of vaccines for lumpy skin disease (LSD), a highly infectious condition affecting cattle, as part of efforts to control the disease and maintain live animal exports. The government says Australia is free of LSD but infection scares in recent months […] Read more

File photo of moose in a Saskatchewan field. (BobLoblaw/iStock/Getty Images)

Saskatchewan expands wildlife testing to include bovine TB

CFIA probe of cattle herd finds 10 infected so far

Recent confirmed cases of bovine tuberculosis (TB) in a Saskatchewan cattle herd have led the province to expand its annual wildlife monitoring program for chronic wasting disease (CWD) to also include TB. The province each year since 1997 has asked hunters to submit heads from harvested deer, moose and elk to test for CWD. It […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Steam evaporates off yearling market

August 2024 feeder futures at a premium

Compared to last week, western Canadian yearling markets traded steady to $4 lower. The yearling quality continues to fade as thicker flesh levels are starting to appear. Steer calves were down $4-$8 on average while heifer calves were down $15 to as much as $20 in some cases. From a seasonal perspective, the calf market […] Read more

File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)

Klassen: Feeder market falters at record highs

Risk premiums in market seen eroding

Compared to last week, western Canadian yearling markets traded $2 to as much as $8 lower on average. Calf markets were relatively unchanged to $10 lower. There was moderate demand for top quality grass yearlings but plainer types experienced softer buying interest. Pre-conditioned calves held value but unweaned bawlers appear to set back $5-$10. Seasonally, […] Read more


It is important to crunch the numbers to determine if backgrounding pays. This may not be the year.

Economics of backgrounding didn’t pencil out

With high feed costs, this example of adding 300 pounds over winter was a losing proposition

Years ago, I took one of my first beef marketing courses from a professor who wore a clean white lab coat to class. There was nothing wrong with that, but his previous class was a red meat-cutting class. One of the first thing he taught us is how to determine background-feeding profit. If its expenses […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Lower beef production forecasts support feeder complex

Major feedlots seen aggressive on quality calves

Compared to last week, western Canadian yearling markets traded $2-$4 on either side of unchanged. Calf markets were steady to $5 higher on average, with stronger buying interest on preconditioned weaned steer calves. Light calves weighing under 500 lbs. appeared to jump $10-$20 in certain regions. This past week, focus of finishing feedlots switched from […] Read more


The largest factor influencing beef demand is consumer spending.

Consumer spending calls the shots on cattle prices

Market Update: History shows U.S. cow-calf producers need one year of historical high prices to trigger large-scale herd expansion

U.S. and Canadian cattle prices have been trading near historical highs over the past couple of months. Feedlot margins have been hovering in positive territory throughout the summer. Demand for yearlings and calves has been unprecedented as finishing operators reload for another round of feeding. After consecutive years of financial struggles and drought, cattle producers […] Read more

CME April 2024 live cattle with 20- and 50-day moving averages. (Barchart)

Klassen: Stronger live cattle futures enhance feeder demand

Feeder cattle supplies look to be lower than anticipated

Compared to last week, western Canadian grass yearling prices were unchanged to $3/cwt lower on average. Steers held value but heifers had a softer tone. Calf prices were relatively unchanged from seven days earlier. However, weaker barley prices and stronger deferred live cattle prices limited any slippage. The calf market continues to be in price […] Read more