beef prices Archives - Page 13 of 20

Klassen: Feeder market drops on fed cattle weakness

By Jerry Klassen, GFM Network News September 12, 2016

Alberta packers were buying fed cattle in the range of $128-$130 this past week — the lowest levels since December 2013 and down nearly $18 from a month ago. Weekly beef production continues to defy expectations, bludgeoning feeding margins across the Prairies. Western Canadian feeder cattle markets were quick to respond, trading $8-$10 below week-ago […] Read more

Cattleman’s Corner, Markets

Lower meat prices attract consumers

It’s still going to be a slow fall for prices, although expected to pick up in 2017

By Jerry Klassen September 9, 2016

Cattle prices appear to be stabilizing as the market absorbs the surge in third-quarter beef production. Alberta packers have been buying fed cattle in the range of $145 to $148 in August while prices in the U.S. Southern Plains have been hovering around US$120. Wholesale beef prices have also held value, enhancing margins for packers. […] Read more

Livestock, Markets, Reuters

U.S. livestock: Live cattle losses deepen on supply woes, weak beef prices

By Michael Hirtzer, GFM Network News September 6, 2016

Chicago | Reuters — U.S. live cattle futures declined more than two per cent on Tuesday, nearing their lowest levels in six years on pressure from big supplies of cattle and beef and lower wholesale meat prices, traders said. Cattle broke below the psychological threshold of 100 cents/lb. for the first time since November 2010 […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market stable but demand remains soft

By Jerry Klassen, GFM Network News August 30, 2016

Comments from the country this week suggested the market was slightly firmer than week-ago levels. However, market reports stated prices were relatively unchanged and actually softened late in the week. The old saying that even a priest lies about his car’s gas mileage applies to overly optimistic cattlemen trying to bolster market enthusiasm. Feedlot margins […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market establishes defensive tone

By Jerry Klassen, GFM Network News August 23, 2016

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels although a softer tone was noted late in the week. After two weeks of slightly higher values, buyers took on the attitude of cutting one’s coat according one’s cloth. Each cattle feeder appears to have his or her own view of the market and […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market remains in summer doldrums

By Jerry Klassen, GFM Network News July 17, 2016

Western Canadian feeder cattle prices were quite variable over the past week. Cattle weighing over 700 lbs. were under pressure while calves appeared to trade steady with week-ago levels. The Calgary Stampede period is one week that cattle men and women don’t worry about markets and just enjoy the celebration of fine culture. Small groups […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market weathering summer storms

By Jerry Klassen, GFM Network News July 12, 2016

Western Canadian feeder cattle were traded $3 to $5 below week-ago levels, with replacements over 700 lbs. absorbing the bulk of the decline. Despite the sharp drop in barley prices, uncertainty in the deferred cash fed cattle prices caused feedlots operators to back away from the market. Secondly, ideas are that yearling prices will weaken […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market enters summer doldrums

By Jerry Klassen, GFM Network News June 21, 2016

Western Canadian feeder cattle markets experienced a softer tone over the past week as many auction barns are in summer holiday mode. Weakness in live and feeder cattle futures set a negative tone and by Friday, Alberta packers had dropped bids by nearly $12 on a dressed basis. Feedlot operators were once again on the […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market well supported

By Jerry Klassen, GFM Network News June 8, 2016

Western Canadian feeder cattle prices were generally steady with week-ago levels as volumes continue to decline into the summer months. The quality of cattle coming on the market this time of year is quite variable. Background operations are liquidating their final volumes and feeders over 800 lbs. set the market structure. Larger-frame mixed steers averaging […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market remains vulnerable

By Jerry Klassen, GFM Network News May 31, 2016

After a firmer tone the last two weeks, feeder cattle values felt sluggish across the Prairies. Western Canadian prices were quoted from unchanged to $5 lower; smaller sales with variable quality saw prices fall as much as $10 below week-ago levels. Feedlot operators were taken aback by the sharp decline in the live cattle futures […] Read more

GFM Network News

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Good weather pushes Alberta harvest along

Tag Archives beef prices

Klassen: Feeder market drops on fed cattle weakness

Lower meat prices attract consumers

U.S. livestock: Live cattle losses deepen on supply woes, weak beef prices

Klassen: Feeder market stable but demand remains soft

Klassen: Feeder market establishes defensive tone

Klassen: Feeder market remains in summer doldrums

Klassen: Feeder market weathering summer storms

Klassen: Feeder market enters summer doldrums

Klassen: Feeder cattle market well supported

Klassen: Feeder cattle market remains vulnerable

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