For the week ending June 7, Western Canadian feeder cattle markets traded steady to as much as $15/cwt higher in some cases. Larger packages of quality replacements over 900 pounds were up $10-$15/cwt from prices seven days earlier.
Tag Archives Alberta
Klassen: Stronger fed cattle markets lifts feeder complex
Beef cattle prices start to reduce demand
The Markets: Watch U.S. consumer buying trends for signs of the cattle market’s future
U.S. consumer purchasing has slowed, which means slower movement of cattle to beef processors. This will likely mean declining prices, says Jerry Klassen, market analyst.
Prairie forecast: Summer pattern making forecast difficult
Forecast issued June 4, covering June 4-11, 2025
We start this forecast period off with an area of low pressure over far northern Manitoba that is slowly moving off into Hudson Bay. To the west, an area of low pressure is developing over the Yukon which is helping to develop a weak ridge of high pressure over Alberta. Over southern Saskatchewan and Manitoba weak high pressure is in place.
As seeding nears end in Alberta, moisture becoming an issue
Planting advances 10 points at 90 per cent complete
Spring planting in Alberta entered the home stretch with overall progress at 90 per cent seeded as of May 27, the province's agriculture department reported. Provincewide, the pace put Alberta farmers nine points above the five-year average.
What we know about how wildfire smoke affects Prairie crops
Impacts depend on smoke quantity, plant progress, surrounding weather conditions
With nearly 100 active wildfires across the three Prairie provinces at this writing, farmers don’t have to go far to see and feel the effects of smoke in the atmosphere — but what this year’s crops will experience is a more complicated matter. If you’ve got time for some reading right now, here we’ve gathered […] Read more
Prairie forecast: Mostly warm and dry weather expected
Forecast issued May 28, covering May 28 to June 4, 2025
We start off with high pressure dominating most of the Prairies. A large surface high is sitting over the north-central U.S. This is beginning to tap into more heat and moisture, which will allow for warmer daytime highs and nighttime lows as dewpoints creep up.
Klassen: Lower beef production forecasts support feeder complex
Improving feedlot margins contributed to the stronger feeder market. Alberta packers were buying finished cattle on a dressed basis at $500/cwt delivered which was fresh record high. Using a 60 per cent grading, this equates to a live price of $300/cwt. Feedlot breakeven pen closeouts are in the range of $260-$270/cwt. Feedlots are anxious to reload and larger groups of quality packages are limited at this time of year.
Inter-American Institute for Cooperation in Agriculture to hold Alberta forum
The Americas Agriculture and Food Security Forum will be held at Olds College and run parallel to the G7 meeting in Kananaskis
Canada's office of the Inter-American Institute for Cooperation in Agriculture (IICA) will host the 2025 Americas Agriculture and Food Security Forum at Olds College at the same time as the G7 summit on June 15-17.
Prairie forecast: Cool and damp, then sunny and warm
Forecast issued May 21, covering May 21 to 28, 2025
For this forecast period, it seems set to dry out and warm up. I suppose that's good for the areas that recently received significant rainfall and not so good for those regions dealing with fires.
Alberta seeding leaps ahead by almost 30 points
Moisture levels still strong despite declines
Spring planting in Alberta made a 27-point jump at 47 per cent complete during the week ended May 13, according to the latest crop report from the province. That's 21 points above the five-year average.
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