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Tag Archives beef production

(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Strong demand drives yearlings higher

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Compared to last week, western Canadian yearling markets traded $2-$3 higher, with quality packages advancing $4-$6. Feedlot operators shrugged off the weaker live cattle futures as feed grain prices came under pressure. Cattle brokers were carrying a full deck of orders, which allowed for limited slippage. Feedlots are anxious to secure ownership early in the […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Rising feed grain prices weigh on feeder market

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Western Canadian yearling prices were relatively unchanged from week-ago levels; however, feeder cattle fit for grass and calves dropped $4 to as much as $10 from seven days earlier. Rising feed grain costs appear to be affecting lighter weight categories more than the yearling market. Feedlots will be struggling with negative margins through the summer […] Read more
cattle in a feedlot
Cattleman’s Corner, Livestock, Markets

Market message: Time to cut beef production

Market Update with Jerry Klassen: The market will bounce back temporarily, but producers should consider liquidating cows

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Western Canadian cattle prices have been quite volatile over the past month. Alberta fed cattle prices climbed higher for seven weeks in a row from late November through the first week of January. Alberta packer bids rose from $147 to highs of $167 during this time. The finished market appeared to divorce from the live […] Read more
Complex issue of water and beef
Beef Cattle, Cattleman’s Corner

Complex issue of water and beef

Looking at the question of much water is used to produce beef from pasture to packer

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How much water does it take to produce a pound of beef? That may not be the most urgent question on the mind of beef producers, but for some schoolkids in Surrey, B.C. it was an important question to have answered for a class project. And when multiple letters asking the same question recently landed […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Winter weather weighs on feeder complex

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Compared to last week, western Canadian feeder cattle prices were relatively unchanged. However, quality features played a larger role in the price structure. Buyers shied away on fleshier yearlings which is often the case when margins move into negative territory. It’s that time of year when thicker coats can be somewhat misleading and buyers pulled […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market holds values through volatility

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Buyers kept a respectful distance from the market early in the week. Western Canadian feeder cattle markets were lackadaisical due to the bearish sentiment of the U.S. Department of Agriculture’s Cattle on Feed report. However, by Friday, all weight categories were trading steady with week-ago levels. Feedlot operators were bent upon ownership with an insatiable […] Read more
Cattle market endures volatility
Beef Cattle, Cattleman’s Corner, Markets

Cattle market endures volatility

Market Update: Beef oversupply will be an issue unless consumer spending picks up

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Alberta fed cattle prices reached up to the range of $195 to $197 during the first week of May due to tight market-ready supplies and adverse weather in the U.S. southern Plains. The futures market has been trading at a sharp discount to the cash trade throughout winter and spring, causing feedlots to be aggressive […] Read more

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