beef prices Archives - Page 14 of 21

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

Cattleman’s Corner, Markets

Higher production keeps beef prices under pressure

Market Update: Slaughter numbers are down, but carcass weights are up

By Jerry Klassen May 19, 2016

Fed and feeder cattle prices have come under pressure over the past couple of weeks as the market absorbs the year-over-year increase in second quarter beef production. Cattle-on-feed inventories in Canada and the U.S. are running slightly above year-ago numbers, but carcass weights are sharply higher. Despite the lower cattle prices, retail beef prices are […] Read more

Beef Cattle, Livestock, Markets

Klassen: Drop in fed cattle prices weighs on feeder complex

By Jerry Klassen, GFM Network News May 10, 2016

Alberta fed cattle prices dropped sharply last week, with dressed sales falling $10 to $20 from seven days earlier. Despite the weakening Canadian dollar, wholesale beef prices also fell US$10/cwt which offset any currency benefit. Feedlot operators froze with disbelief as the market suffered one of the sharpest week-over-week declines in recent memory. The hot […] Read more

Finishers, Livestock, Markets

Klassen: Limited buying interest softens feeder market

By Jerry Klassen, GFM Network News April 26, 2016

Just when I thought feeder cattle prices were stabilizing, once again the unexpected occurs. A sharp rally in U.S. grain futures, along with weaker fed cattle prices, caused western Canadian feeder cattle to trade $6-$12 lower compared to week-ago levels. Auction markets reported limited buying interest, with often only two or three larger feedlots stepping […] Read more

Livestock, Markets, Reuters

U.S. livestock: Fund selling drops CME live cattle limit down

By GFM Network News April 18, 2016

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed sharply lower on Monday, with nearby contracts down by their three-cent-pr-pound daily price limit, shaken by sell stops and fund liquidation, traders said. April and June live cattle ended down by the three-cent limit at 128.475 and 119.175 cents/lb., respectively (all figures US$). Live […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market garners support

By Jerry Klassen, GFM Network News April 18, 2016

Western Canadian feeder cattle markets were relatively stable over the past week while prices in the major feeding regions were $2 to $5 higher. Alberta fed cattle prices were $2 higher, trading in the range of $170 to $172, which bolstered buying enthusiasm in the heavier weight categories. Feedlot operators in the Lethbridge area were […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle tumble on technical selloff, beef woes

By Michael Hirtzer, GFM Network News April 5, 2016

Chicago | Reuters –– U.S. live cattle futures fell to 1-1/2-month lows and feeder cattle declined by nearly three per cent on Tuesday in a technical selloff triggered by ample supplies and lower beef prices, traders and analysts said. Live cattle eased their third straight session, briefly falling by the daily limit of three cents/lb. […] 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 market weathering summer storms

Klassen: Feeder market enters summer doldrums

Klassen: Feeder cattle market well supported

Klassen: Feeder cattle market remains vulnerable

Higher production keeps beef prices under pressure

Klassen: Drop in fed cattle prices weighs on feeder complex

Klassen: Limited buying interest softens feeder market

U.S. livestock: Fund selling drops CME live cattle limit down

Klassen: Feeder cattle market garners support

U.S. livestock: Cattle tumble on technical selloff, beef woes

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