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Tag Archives cattle markets

(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market holds values through volatility

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Buyers kept a respectful distance from the market early in the week. Western Canadian feeder cattle markets were lackadaisical due to the bearish sentiment of the U.S. Department of Agriculture’s Cattle on Feed report. However, by Friday, all weight categories were trading steady with week-ago levels. Feedlot operators were bent upon ownership with an insatiable […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Lethbridge demand drives up yearling market

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Western Canadian feeder cattle markets traded $5-$8 above week-ago levels. The first major yearling sales occurred in southern Alberta, which appeared to kick-start the buying momentum. Alberta fed cattle prices and wholesale beef values were under pressure; however, feedlot operators were extremely tenacious. Buyers capriciously worked orders throughout the week and by the Friday, quality […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Yearlings define feeder market

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Western Canadian feeder cattle markets became more established this past week as early yearling sales captivated major feedlot operators. Prices were relatively unchanged from week-ago levels; however, larger volumes confirmed the price structure. Higher-quality lower-flesh cattle were featured weighing 850 to 1,050 lbs. at most sales. Feedlots have plenty of pen space and with the […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Strong demand surfacing for feeder cattle

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Western Canadian feeder cattle markets were quite variable over the past week. Auction barns in Manitoba and Saskatchewan remain in holiday mode. However, markets are coming to life in Alberta. Certain ranchers are starting to sell early bloomers and there’s no shortage of demand for these yearlings. In east-central Alberta, a couple of small groups […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Cow-Calf, Finishers, Livestock, Markets

Klassen: Feeder market anticipates higher feed grain prices

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Compared to last week, Western Canadian yearling prices were steady to $5 higher. Across the prairies, strong demand was noted on limited offerings. Most auction barns are gearing up for major sales over the next couple weeks; however, it appears that a few ranchers were testing the waters and the results were quite surprising. Feedlot operators […] Read more
Cattleman’s Corner, Markets

Producers urged to sell earlier this fall

Market Update: Market expected to go lower heading into the fourth quarter of 2017

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Alberta packers were buying fed cattle in the range of $159 to $163 in late June, down from highs during the first week of May of $197. The market has come under pressure as market supplies build on both sides of the border and carcass weights increase. U.S. cattle-on-feed numbers reached a historical high on […] Read more

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