cattle markets Archives - Page 23 of 31

Klassen: Feeder market bounces off previous lows

By Jerry Klassen, GFM Network News May 17, 2016

Western Canadian feeder cattle prices traded $5-$8 above week-ago levels with quality groups of steers selling for as much as $10 higher. Renewed optimism surfaced amongst feedlot operators as feeding margins appear to be moving above break-even pen closeout values. Auction markets that only had two or three major buyers at previous sales in spring […] Read more

Beef Cattle, Livestock, Markets

Klassen: Drop in fed cattle prices weighs on feeder complex

By Jerry Klassen, GFM Network News May 10, 2016

Alberta fed cattle prices dropped sharply last week, with dressed sales falling $10 to $20 from seven days earlier. Despite the weakening Canadian dollar, wholesale beef prices also fell US$10/cwt which offset any currency benefit. Feedlot operators froze with disbelief as the market suffered one of the sharpest week-over-week declines in recent memory. The hot […] Read more

Beef Cattle, Livestock, Markets

Klassen: Downward price trend continues for feeder cattle

By Jerry Klassen, GFM Network News May 2, 2016

The feeder cattle market feels like a falling dagger — and trying to pick a bottom can be painful. Western Canadian auction markets saw heavier replacements over 800 lbs. fall $8-$12 compared to last week; calves were generally $5-$8 below week-ago levels. Feedlot buying interest was once again limited to two or three major operations […] Read more

Finishers, Livestock, Markets

Klassen: Limited buying interest softens feeder market

By Jerry Klassen, GFM Network News April 26, 2016

Just when I thought feeder cattle prices were stabilizing, once again the unexpected occurs. A sharp rally in U.S. grain futures, along with weaker fed cattle prices, caused western Canadian feeder cattle to trade $6-$12 lower compared to week-ago levels. Auction markets reported limited buying interest, with often only two or three larger feedlots stepping […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market garners support

By Jerry Klassen, GFM Network News April 18, 2016

Western Canadian feeder cattle markets were relatively stable over the past week while prices in the major feeding regions were $2 to $5 higher. Alberta fed cattle prices were $2 higher, trading in the range of $170 to $172, which bolstered buying enthusiasm in the heavier weight categories. Feedlot operators in the Lethbridge area were […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder cattle markets remain sluggish

By Jerry Klassen, GFM Network News April 12, 2016

Compared to last week, Canadian feeder cattle prices were steady to $5 lower across the Prairies while lighter-weight categories suffered a week-over-week decline of $4 to $6. Feedlots were a bit more aggressive on yearlings as quality backgrounded cattle are starting to dwindle at this time of year. A larger group of larger-frame lower-flesh Simmental […] Read more

Beef Cattle, Cattleman’s Corner, Markets

Few Canadian feeder cattle going south

The good news is that more slaughter cattle are being processed in the U.S.

By Jerry Klassen April 8, 2016

Alberta packers were buying fed cattle in the range of $168 to $170 in late March as the beef complex moves through a period of seasonal strong demand. While the market has strengthened considerably since the lows of $155 earlier in winter, feedlot margins remain in negative territory. Break-even pen closeouts are closer to $195 […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle tumble on technical selloff, beef woes

By Michael Hirtzer, GFM Network News April 5, 2016

Chicago | Reuters –– U.S. live cattle futures fell to 1-1/2-month lows and feeder cattle declined by nearly three per cent on Tuesday in a technical selloff triggered by ample supplies and lower beef prices, traders and analysts said. Live cattle eased their third straight session, briefly falling by the daily limit of three cents/lb. […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder cattle trade lower

By Jerry Klassen, GFM Network News March 29, 2016

The “one-week wonder” from seven to 10 days ago appears to have evaporated; a softer sentiment blanketed Western Canada this week, with feeder markets dropping $4 to $6 on average. A significant slide in live cattle futures, along with softer cash prices, caused feedlots to move into a risk-averse mentality. Heavier replacements took the brunt […] Read more

Klassen: Feeder market adjusting to various factors

By Jerry Klassen, GFM Network News March 14, 2016

Western Canadian feeder markets experienced a mixed volatile tone over the past week. Replacement cattle over 800 lbs. were $3 lower to $8 higher on average, while lighter weight categories traded $10 lower to $10 higher in comparison to week-ago levels. Larger volumes of backgrounded yearling cattle are coming on the market at this time […] 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 bounces off previous lows

Klassen: Drop in fed cattle prices weighs on feeder complex

Klassen: Downward price trend continues for feeder cattle

Klassen: Limited buying interest softens feeder market

Klassen: Feeder cattle market garners support

Klassen: Feeder cattle markets remain sluggish

Few Canadian feeder cattle going south

U.S. livestock: Cattle tumble on technical selloff, beef woes

Klassen: Feeder cattle trade lower

Klassen: Feeder market adjusting to various factors

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