CME August 2019 live cattle (red) and January 2019 feeder cattle (blue). (Barchart)

Klassen: Feeder market searching for direction

Western Canadian feeder cattle markets were quite variable from seven days earlier. Prices were unchanged in the eastern Prairie regions; however, Alberta markets traded $3 to as much as $7 below week-ago levels. Alberta and Saskatchewan feedlot inventories are running 16 per cent above year-ago levels, so there’s limited buying power available. Calves are fleshier […] Read more









Klassen: Stronger demand supports feeder market

Klassen: Stronger demand supports feeder market

Western Canadian feeder cattle markets jumped $2-$5 last week, after adverse weather caused buyers to shy away earlier in October. Major feedlot operators were very aggressive on quality yearling packages and heavier weaned vaccinated calves. Many operations have limited ownership at this time of year because wet, cold weather conditions delayed purchases. The market appeared […] Read more

The feeder cattle market remains firm heading into fall, says Jerry Klassen.

Cattle producers eyeing feed grain prices

Market Update: Feeding expected to get more expensive — something has to give

Feedlot operators have had a very strenuous spring and summer. Margins have been hovering in negative territory while feed barley prices have been percolating higher. Feeder cattle prices are actually higher than year-ago levels despite the strong feed grain prices and a year-over-year increase in the U.S. calf crop. The Canadian dollar has been trading […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market waiting for direction

Average western Canadian feeder prices were relatively unchanged from week-ago levels; however, the yearling market in southern Alberta traded $3-$5 higher as feedlot operators focused on sourcing local cattle. High-quality yearlings are coming on the market and steady demand was evident across the Prairies. Strength in the deferred live cattle futures along with the deterioration […] Read more

cow and calf on pasture

Cattle market looking strong in many respects

Market Update: Not a great fall to be thinking of backgrounding calves

In early August, Alberta packers were buying fed cattle in the range of $244 to $247 on a dressed basis while live-basis prices were quoted in the range of $145 to $146. The market has traded in a sideways range throughout the summer and it appears that the seasonal lows may be in place. Beef demand is coming in higher than anticipated with the […] Read more