cattle markets Archives - Page 16 of 31

Klassen: Feeder market grinds lower

By Jerry Klassen, GFM Network News January 29, 2018

Compared to last week, western Canadian feeder cattle prices traded $4-$6 lower; however, yearlings and heavier calves experienced a week-over-week decline of $4 to as much as $8 with significant weakness noted in the eastern Prairie regions. Finishing feedlots continue to sit on their hands. Order buyers were active on a scale-down basis and surprised […] Read more

Finishers, Livestock, Markets

Klassen: Fed cattle market leads feeders higher

By Jerry Klassen, GFM Network News January 8, 2018

Alberta packers were buying fed cattle in the range of $280-$282 delivered on a dressed basis, which equates to $168-$171 on a live basis. Yearlings bought last summer are bringing back $150-$180 margin, which has reinforced buying enthusiasm. Western Canadian yearlings traded $3 to as much as $8 above week-ago levels; calves were relatively unchanged […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market remains firm into 2018

By Jerry Klassen, GFM Network News January 1, 2018

Western Canadian feeder cattle markets experienced limited activity over the past week because most auction barns were closed for the holiday season. There was some reported activity in certain regions such as central Alberta and prices were relatively unchanged from seven days earlier. Frigid temperatures tempered buying activity. Feedlots in the nearby area of the […] Read more

Beef Cattle, Cattleman’s Corner, Markets

Strong demand enhances cattle prices

Market Update: Consumer spending in the U.S. is a major price driver

By Jerry Klassen December 12, 2017

Fed and feeder cattle prices have been ratcheting higher over the past month due to stronger-than-expected demand. Consumer confidence reached record highs in October and U.S. third-quarter GDP also came in above expectations. This economic data confirms that consumer spending is stronger than anticipated, enhancing overall beef demand. Alberta packers were buying fed cattle in […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market falters

By Jerry Klassen, GFM Network News December 12, 2017

Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $6 lower. Alberta feeder cattle prices appeared to move in line with major U.S. markets, which were also down $3-$5 from week-ago levels; however, minimal slippage was noted in eastern Saskatchewan and Manitoba. Weakness in deferred live and feeder cattle […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market rally stalls

By Jerry Klassen, GFM Network News November 20, 2017

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Eastern Prairie markets were softer but continue to maintain a $5 to as much as $8 premium over major feeding regions of Alberta. We’ve seen a sharp year-over-year increase in imports from the U.S., which is causing a variable price structure to develop across […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market maintains upward trend

By Jerry Klassen, GFM Network News November 14, 2017

Western Canadian feeder cattle prices were quite variable this past week. Strength was noted in the eastern Prairie regions where markets traded $5 to as much as $10 above week-ago levels; however, Alberta steer prices were relatively unchanged but heifers traded $5 to $8 higher. Available feeder supplies will tighten as we approach the end […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market loses momentum

By Jerry Klassen, GFM Network News October 24, 2017

Compared to last week, western Canadian yearling prices were unchanged while calves traded $3 lower to $3 higher. Feedlot operators pulled in the reins and realized the market may have overextended itself. Feeder cattle prices are now at levels where margins are negative in the deferred positions. Order buyers could feel the momentum subside this […] Read more

Beef Cattle, Livestock, Markets, Reuters

CME plans no more changes to cattle contract for now

By GFM Network News October 11, 2017

Chicago | Reuters — CME Group plans no further moves to reduce volatility in its cattle futures market, after making a series of changes to rein in wild price swings that drove away hedgers, a managing director said on Wednesday. Over the past two years, the exchange operator, which owns the Chicago Mercantile Exchange and […] Read more

Finishers, Livestock, Markets

Klassen: Friendly beef price outlook supports feeder market

By Jerry Klassen, GFM Network News October 10, 2017

Compared to last week, yearling prices were $2 to as much as $5 higher, while calf markets traded $3-$7 above week-ago levels. The yearling run is coming to a close and feedlots scrambled to secure yearling ownership. Across Alberta, feature lots of high-quality 900-lb. steers were trading around $190 and this set the tone for […] 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 grinds lower

Klassen: Fed cattle market leads feeders higher

Klassen: Feeder market remains firm into 2018

Strong demand enhances cattle prices

Klassen: Feeder cattle market falters

Klassen: Feeder market rally stalls

Klassen: Feeder market maintains upward trend

Klassen: Feeder cattle market loses momentum

CME plans no more changes to cattle contract for now

Klassen: Friendly beef price outlook supports feeder market

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