(Photo courtesy Canada Beef Inc.)

Klassen: Yearling prices remain firm

Compared to last week, western Canadian yearling markets were relatively unchanged with the exception of southern Alberta where 800-plus-lb. feeders traded $5 to as much as $8 higher. Strength in deferred live cattle futures and weakness in barley prices were the main factors driving demand in the Lethbridge area. The U.S. Department of Agriculture’s bullish […] Read more

CME October 2019 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Klassen: Feeder cattle market remains volatile

Western Canadian yearling markets appeared to stabilize after coming under pressure earlier in the month. Compared to last week, yearling prices were unchanged to $4 higher on average while calf markets traded $2-$3 on either side of unchanged. Major feedlots were more aggressive for 800-plus-lb. cattle as feed grain prices continue to grind lower. Favourable […] Read more


U.S quarterly beef production. (**2019 Q3 and Q4 ar USDA estimates;  ***2020 is USDA quarterly estimates)

Cattle market fundamentals in a transition stage

Market Update with Jerry Klassen: The market is telling producers to sell yearlings now

Alberta fed cattle prices hovered in the range of $145 to $148 throughout July. Steady domestic and export demand sustained the market at the current levels despite the burdensome supply. In the previous issue, our market outlook for fed cattle was for stable prices during the summer. We also mentioned that the market would make a seasonal […] Read more






Low demand and large supplies are expected to make the early fall period a dreary time for feedlot operators.

Volatile ride ahead for cattle complex

Market Update: Late October may be the best window to sell calves

The Alberta fed cattle market has been trending lower over the past two months as the market functions to encourage demand. In the previous issue, we explained that the beef market is characterized by an inelastic demand curve. Therefore, a small change in supplies can have a large influence on the price. Monthly beef production increased from March through June. […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market enters summer doldrums

Compared to last week, western Canadian feeder cattle markets traded steady to $5 lower on average. Small volumes were available last week, which distorted the price structure. Many feedlot hands will rotate holidays through July; therefore, feedlot operators don’t want to bring in fresh replacements with a skeleton staff. Recent rains across Saskatchewan and Alberta […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market shrugs off feed grain rally

Compared to last week, western Canadian feeder cattle prices were $2-$5 higher on average. Noted strength was in the 700-plus-lb. categories, which spilt over into the lighter calves. Quality groups of yearlings were limited and the scarcity fear factor had a grip on the market. The U.S. Department of Agriculture lowered its fourth-quarter beef production […] Read more