beef prices Archives - Page 13 of 21

Klassen: Feeder cattle resume upward trend

By Jerry Klassen, GFM Network News December 20, 2016

Western Canadian feeder cattle prices resumed the upward trend after a brief dip during the first major snowstorm of the year. Feeder cattle weighing above 750 lbs. traded $2-$4 above week-ago levels while calves were readily selling for $4 to as much as $8 higher. Optimism abounds in the feedlot sector, as Alberta fed cattle […] Read more

Beef Cattle, Livestock, Markets

Klassen: Positive margins support feeder cattle market

By Jerry Klassen, GFM Network News December 6, 2016

Alberta packers were buying fed cattle at $150 this past week, which was $5 above breakeven pen closeout values. This rally in the fed cattle market was a long time coming and renewed optimism surged across the Prairies. Feeder cattle prices traded $3-$5 above week-ago levels, with lighter calves leading the charge higher. Fierce competition […] Read more

Cattleman’s Corner, Livestock, Markets

More thoughts on market options

You may not need a price premium to see benefits of preconditioned calves

By Lee Hart November 22, 2016

Market analyst Jerry Klassen in his recent column isn’t painting a very bright cattle price outlook picture heading into this winter and early into 2017. An oversupply of beef in the U.S. and Canada is holding prices down. And of course those pork guys continue to push more product out the door — a lot […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle fall as beef prices tumble

By Michael Hirtzer, GFM Network News October 19, 2016

Chicago | Reuters — U.S. live cattle futures fell the most in 1-1/2 weeks on Wednesday in a selloff linked to lacklustre demand from meat packers and government data that showed the lowest wholesale beef prices in four years, traders said. Feeder cattle futures dropped the most so far this month while lean hogs declined […] Read more

Beef Cattle, Livestock, Markets

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

GFM Network News

U.S. livestock: CME cattle tick lower in thin pre-holiday trade

U.S. grains: Wheat extends gains on short covering, war risk

Prairie forecast: Plenty more chances for snow over Holidays

Tag Archives beef prices

Klassen: Feeder cattle resume upward trend

Klassen: Positive margins support feeder cattle market

More thoughts on market options

U.S. livestock: Cattle fall as beef prices tumble

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

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