GFM Network News


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Klassen: Challenging weather influencing feeder market

Compared to last week, western Canadian yearling prices were relatively unchanged; calves appeared to trade $3 lower to as much as $5 higher. Weather conditions have played a larger role in the price structure this fall. Major finishing feedlots continue to focus on preconditioned calves and have left the unweaned or unvaccinated feeders to the […] Read more

Photo: File

Klassen: Feeder cattle market consolidation continues

Western Canadian feeder cattle markets were unchanged from week-ago levels. Larger pre-sort calf sales were held across the prairies. Buying interest was barely sufficient to support the market at the current levels.  The risk tolerance shifted from medium to low this past week. Discounts appeared to be more severe on unweaned and unvaccinated calves. Colder […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market experiences bouncing behaviour

Compared to last week, western Canadian yearling markets traded $2-$4 higher on average; calves traded $2 to as much as $6 higher. The feeder market has recovered after a softer tone earlier in October. Favourable weather in southern Alberta over the past week caused Lethbridge-area feedlots to step forward more aggressively, especially in the lighter […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Buyers’ temperance subdues feeder market

Compared to last week, western Canadian yearling prices were under pressure trading steady to $3 lower; however, eastern Canadian orders were prevalent in Manitoba and eastern Saskatchewan, where values were relatively unchanged from week-ago levels. Alberta feedlot demand was subdued as the deferred live cattle futures traded to three-month lows. Most operations are holding high-priced […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market experiences mixed tone

Western Canadian feeder cattle markets experienced a diverse tone across the Prairies, with notable buying interest surfacing on yearlings. Compared to seven days earlier, prices for yearlings in southern Alberta were $5-$7 higher on average, as feedlots focused on purchasing local cattle. In southern Alberta, larger-frame lower-flesh black steers weighing 900 lbs. were quoted at […] Read more



Weaker CDN $ helps offset “COOL effect”

The Markets

I’ve received a few inquiries lately in regards to the outlook of the Canadian dollar and how a stronger U.S. greenback influences local cattle prices. The Canadian dollar recently dropped to four-year lows against the U.S. dollar and it appears the trend is not over. We have seen a drop in fed cattle exports to […] Read more