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Beef Cattle

Photo: Canada Beef
Finishers, Livestock, Markets

Klassen: Feeder market to start 2023 on firm tone

Counter-seasonal behaviour expected

By ,
There were no market reports last week due to the holiday season; however, I still received a few calls from cattle producers regarding the feeder market outlook for the first quarter of 2023. The feeder market finished 2022 at 52-week highs. Steers averaging 500 lbs. were readily trading over the psychological $300 level while 900-lb. […] Read more
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Finishers, Livestock, Markets

Klassen: Historically high deferred live cattle futures support feeder complex

By ,
Compared to last week, western Canadian feeder cattle markets traded $2 lower to $4 higher on average. Many auction barns were on holidays last week; therefore, the buying interest appeared to be more concentrated on the major markets. There were no reports from Manitoba last week. Alberta packers were buying fed cattle on a dressed […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market ends 2022 on firm tone

Trade expecting bullish numbers from USDA

By
Compared to last week, western Canadian calves were trading $4 to as much as $8 higher. Adverse weather did not influence the market this week. There appeared to be a surge in demand across all weight categories. Higher quality or pre-conditioned vaccinated, weaned, lower flesh calves in the 600–700-pound category were up as much as […] Read more
CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Finishers, Livestock, Markets

Klassen: Stronger deferred live cattle support feeder market

Cow-calf operators seen hesitant to expand

By ,
Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged. Calf prices were mostly unchanged compared to seven days earlier; however, there were pockets where buyers reported prices up $2-$3 on average. The Alberta calf market appeared to stage a minor recovery after softening over the past month. Manitoba markets […] Read more
Beef Cattle, Cattleman’s Corner, Livestock

Monitoring the cow herd before winter

A thorough checkup can identify problems early and reduce losses

By
Now is the time to do a good inventory of feed sources and whether there is enough for a long, cold winter. I always recommend to be on the lookout for alternative feed sources, as one never knows when you could run short. Feeds ranging from distillers grains to cull potatoes are among alternative sources. […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle market experiences diverse price behaviour

Manitoba calves hold a premium over Sask., Alta.

By ,
Compared to last week, western Canadian yearling markets traded steady to $2 higher while calf prices were unchanged to $4 lower. Yearling supplies are limited and there appeared to be a surge of buying interest for 850-lb. thin-fleshed replacements. Alberta fed cattle basis levels for the second quarter of 2023 have above average and the […] Read more
While the fed cattle market has held value, the feeder market has come under pressure.
Beef Cattle, Cattleman’s Corner, Markets

Prairie feeder outlook bullish in the long term

Market Update with Jerry Klassen: Prices are encouraging many Canadian producers to keep replacement heifers

By
During the first half of October, Alberta packers were buying fed cattle on a dressed basis in the range of $300-$305 delivered. Using a 60 per cent grading, this would equate to $180-$183/cwt on a live basis. For March and April delivery, Alberta packers have been forward contracting in the range of $345-$350 cwt on […] Read more
Reg Schellenberg. (Schellenberg family photo via Canadian Cattlemen)
Beef Cattle, Livestock

Canadian Cattle Association president Reg Schellenberg dies

Saskatchewan rancher had led CCA since March

By
Updated, Dec. 7 — Western Saskatchewan rancher Reg Schellenberg, who had led the national organization representing Canada’s beef cattle producers since March this year, died suddenly Friday at age 63. The Canadian Cattle Association reported Schellenberg’s death in a release Saturday, adding that the association’s current vice-president, rancher Nathan Phinney of Sackville, N.B., will now […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market rations demand

Risk discount built in with adverse weather

By ,
Compared to last week, western Canadian yearling prices were relatively unchanged while calf prices were steady to $6 lower. Demand from Ontario buyers caused markets in Manitoba and eastern Saskatchewan to hold value. Alberta prices were under pressure as the market appears to be rationing demand. Calf prices are 25-30 per cent higher than year-ago […] Read more
CME August 2023 live cattle (candlesticks) beneath CME December 2023 live cattle (top line), The spread between the two has been influencing the price structure for calves, Jerry Klassen writes. (Barchart)
Finishers, Livestock, Markets

Klassen: Stronger deferred live cattle futures support feeder market

Fall run seen moving into final stages

By ,
Compared to last week, western Canadian calf markets traded $5 lower to as much as $3 higher. Quality groups of heifers weighing 550-700 lbs. were notably $2-$3 higher and this was largely due to lower supplies of steers. Weather conditions improved in southern Alberta, which was supportive; however, buyers were cautious. Quality pre-conditioned calves held […] Read more

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AgCanadaTV: In case you missed it; your national ag news recap for March 20, 2026

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