cattle markets Archives - Page 20 of 31

Market recovery still a year away

Market Update: Production is still high, start of beef herd contraction possible in late 2017

By Jerry Klassen December 9, 2016

On top of the CBOT building in Chicago stands a statue of “Ceres” — the Greek goddess of grain crops and fertility. An old myth amongst traders is that after a major bull run in a market when traders usually did very well, the Greek goddess wanted her money back. Fed cattle prices have been […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder cattle prices climbing

By Jerry Klassen, GFM Network News November 29, 2016

Western Canadian feeder cattle markets were trading $5-$7 above week-ago levels, with higher-quality cattle trading as much as $10 higher. It’s difficult to quarrel with one’s bread and butter; feedlot margins are now in positive territory and cattle feeders are keen on ownership with the positive outlook into the March timeframe. Feature presort calf sales […] Read more

Cattleman’s Corner, Livestock, Markets

More thoughts on market options

You may not need a price premium to see benefits of preconditioned calves

By Lee Hart November 22, 2016

Market analyst Jerry Klassen in his recent column isn’t painting a very bright cattle price outlook picture heading into this winter and early into 2017. An oversupply of beef in the U.S. and Canada is holding prices down. And of course those pork guys continue to push more product out the door — a lot […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder cattle jump on positive outlook

By Jerry Klassen, GFM Network News November 22, 2016

Average prices for steer and heifer calves jumped $8-$10 this past week with some buyers reporting values as much as $15 above week-ago levels. Feedlot operators could feel it in their bones earlier in November and there were no strings attached on orders flowing across the Prairies. Favourable weather reinforced the narrow premium of weaned […] Read more

Beef Cattle, Livestock, Markets, Reuters

U.S. October feedlot cattle placements hit four-year low

By GFM Network News November 21, 2016

Chicago | Reuters –– U.S. feedlots in October received five per cent fewer cattle than a year earlier, the U.S. Department of Agriculture said Friday, a four-year low for that month that was in line with average trade predictions. Ranchers grew cattle outside of feedlots longer thanks to still healthy grazing pastures in parts of […] Read more

Beef Cattle, Livestock, Markets

Klassen: Strong demand underpins feeder market

By Jerry Klassen, GFM Network News November 15, 2016

Western Canadian feeder cattle markets traded steady to $3 above week-ago levels; however, weaned lower-flesh calves were $3 to as much as $6 higher. Southern Alberta calf sales are winding down while other regions are just getting started. This resulted in surreptitious behaviour from Lethbridge-area feedlot operators. Orders stretched across the Prairies, like a slow-moving […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder cattle markets establish fundamental equilibrium

By Jerry Klassen, GFM Network News November 8, 2016

Western Canadian feeder cattle markets were relatively unchanged from week-ago levels as most auction barns held featured or pre-sort calf sales. However, premiums of $3 to as much as $8 were noted on pre-conditioned, quality-weaned replacements. Time in the market is more important than timing the market; longer term risk adverse feeding reinforced the fact […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market bounces off the lows

By Jerry Klassen, GFM Network News November 1, 2016

Western Canadian feeder cattle markets experienced a week-over-week gain of $5 to $8. Strength in live cattle futures, along with the weaker Canadian dollar, rejuvenated buying interest amongst feedlot operators across the Prairies. Alberta packers were buying fed cattle in the range of $222 to $227 on a dressed basis, which was also up $2 […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market lacks buying interest

By Jerry Klassen, GFM Network News October 24, 2016

In a market profile, trader Peter Steidlmayer clarified that markets go up because there is no selling and markets go down because there is no buying. Western Canadian feeder markets were a perfect example of this market theory, as prices experienced a week-over-week decline of $10-$15. Feedlot operators once again sat on their hands with […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market aggressively searches for demand

By Jerry Klassen, GFM Network News October 18, 2016

A boulder falling off a mountain accelerates and gains momentum as it nears the ground. Until we see another force come into play, there’s no signal the lows are near in the feeder complex. Once again, the western Canadian feeder cattle traded $8 to $10 below week-ago levels, with sharper declines noted on unweaned calves. […] 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

Market recovery still a year away

Klassen: Feeder cattle prices climbing

More thoughts on market options

Klassen: Feeder cattle jump on positive outlook

U.S. October feedlot cattle placements hit four-year low

Klassen: Strong demand underpins feeder market

Klassen: Feeder cattle markets establish fundamental equilibrium

Klassen: Feeder market bounces off the lows

Klassen: Feeder market lacks buying interest

Klassen: Feeder market aggressively searches for demand

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