cattle markets Archives - Page 12 of 31

Klassen: Feeder market continues consolidation pattern

By Jerry Klassen, GFM Network News March 19, 2019

Compared to last week, western Canadian feeder cattle markets traded $3-$5 on either side of unchanged. The market was quite variable across the Prairies. Demand from south of the border evaporated due to adverse weather while southern Alberta experienced favourable spring conditions. Alberta packers were buying fed cattle at $260 on a dressed basis, up […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market sends mixed signals

By Jerry Klassen, GFM Network News March 5, 2019

Compared to last week, western Canadian yearling markets were steady to $4 lower while calves were steady to $2 higher. Barley prices have jumped $3-$6 per tonne over the past week, with winter conditions hindering off-farm logistics. Alberta packers were buying fed cattle in the range of $149-$150 last week; however, in Nebraska, fed cattle […] Read more

Finishers, Livestock, Markets

Klassen: Winter conditions weigh on feeder market

By Jerry Klassen, GFM Network News February 26, 2019

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. The major feeding regions from Alberta to the U.S. Midwest and southern Plains have all experienced severe storms and extreme temperatures. The forecast for southern Alberta calls for lows of -25 to -32 C over the next seven days. Auction markets have a few […] Read more

Cattleman’s Corner, Markets

Understanding feeder cattle price structure

Market Update with Jerry Klassen: Comparing prices for custom feeders and a finishing feedlot

By Jerry Klassen February 22, 2019

The feeder cattle futures have traded in a narrow range since early November but we’ve seen severe swings in the western Canadian feeder cattle basis. This has made it difficult for the cow-calf operator and backgrounding operator to project a forward price for summer and fall. I’ve also received inquiries in regards to the price […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle succumb to negative margins

By Jerry Klassen, GFM Network News February 12, 2019

Alberta fed cattle prices have dropped nearly $15 over the past three weeks. Feedlot margins are deep in red ink, with losses amounting to $200-250 per head. Compared to last week, yearlings and calves over 700 lbs. traded $3-$5 lower; calves under 700 lbs. were down $5-$8 with some feeder markets in Alberta dropping as […] Read more

Finishers, Livestock, Markets

Klassen: Fed cattle weakness pressures yearlings

By Jerry Klassen, GFM Network News February 5, 2019

Compared to last week, western Canadian yearlings and calves over 700 lbs. traded steady to $3 lower on average. Weakness in the fed cattle market weighed on the heavier replacements. Alberta packers were buying fed cattle at $155 on a live basis, down $7 from the highs seven days earlier. Barley prices were up $3-$5 […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market easily absorbs adverse weather

By Jerry Klassen, GFM Network News January 29, 2019

Western Canadian feeder markets were relatively unchanged from week-ago levels but there were a couple of unique characteristics in certain regions. Quality yearling packages were $2-$4 higher in Alberta but fleshier replacements were discounted. Eastern Prairie regions had grass cattle under 600 lbs. trading $3 to as much as $8 above week-ago levels. Order buyers […] Read more

Finishers, Livestock, Markets

Klassen: Fed cattle market lifts feeder prices

By Jerry Klassen, GFM Network News January 14, 2019

Compared to last week, western Canadian feeder cattle markets traded $4 on either side of unchanged. Early in the week, the market was rather sluggish but a fortuitous bounce in the live cattle futures quickly spilled over into the feeder complex. Yearlings and heavier calves ended the week $2 to $4 higher. Feeding margins are […] Read more

Cattleman’s Corner, Finishers, Markets

Beef demand in 2018 pushes more production

Market Update: Fed-cattle prices need to rally  for feeders to be profitable

By Jerry Klassen January 8, 2019

During the second week of December, Alberta packers were buying fed cattle in the range of $150 to $152, up from $2 to $4 from a month earlier. Market-ready supplies in Alberta and Saskatchewan are running above year-ago levels which has limited the upside in the fed cattle market. South of the border, U.S. fed-cattle […] Read more

Finishers, Livestock, Markets

Klassen: Favourable margins support feeder market

By Jerry Klassen, GFM Network News January 2, 2019

There were no sales last week with auction barns closed for the holiday season; therefore, we start the year looking forward at factors that will influence the feeder market over the next month. While the feeder market was quiet, feedlot operators were surprised with the U.S. fed cattle market jumping US$3-$4 from seven days earlier. […] 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 cattle markets

Klassen: Feeder market continues consolidation pattern

Klassen: Feeder market sends mixed signals

Klassen: Winter conditions weigh on feeder market

Understanding feeder cattle price structure

Klassen: Feeder cattle succumb to negative margins

Klassen: Fed cattle weakness pressures yearlings

Klassen: Feeder market easily absorbs adverse weather

Klassen: Fed cattle market lifts feeder prices

Beef demand in 2018 pushes more production

Klassen: Favourable margins support feeder market

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