(Photo courtesy Canada Beef Inc.)

Klassen: Uncertainty looms for feeder cattle market

Western Canadian feeder cattle prices were steady to as much as $5 higher over the past week. Lighter-weight calves under 600 pounds experienced notable gains, while stronger buying interest was also noted on medium- to lower-flesh backgrounded cattle in the 800-pound-plus category. Major feeding operations were quick to discount cattle that appeared to have too […] Read more


(Canada Beef Inc. photo)

Klassen: Renewed buying interest drives feeder market

Western Canadian feeder cattle prices experienced extremely aggressive buying interest this past week. Feeder cattle in the 700-pound-plus category were trading $2 to as much as $8 higher in some cases, while lighter-weight cattle were steady to $5 above week-ago levels. I was extremely surprised by prices and comments after the dismal January market behaviour. […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle prices feel vulnerable

Western Canadian feeder cattle prices were extremely volatile this past week. In eastern Saskatchewan and Manitoba, the weaker Canadian dollar had a noticeable effect on demand, with the market trading steady to slightly higher in certain cases. Alberta values, however, were definitely softer as cattle prices came under pressure causing feeding margins to narrow. Buyers […] Read more





(Photo courtesy Canada Beef Inc.)

Klassen: Holidays leave feeder cattle market undefined

Western Canadian feeder cattle prices were undefined this past week as most auction markets remained on holidays or had limited volumes. Cow-calf producers were not anxious to market calves with adverse temperatures across the Prairies and news of stronger U.S. prices confirmed waiting another week would pay off. The U.S. Department of Agriculture reported feeder […] Read more

silhouette of an oil rig

Low oil prices will definitely impact beef market

Fed cattle prices reached record highs in mid-December with Alberta packers purchasing steers in the range of $179 to $182, up nearly $10 from a month earlier. Market-ready supplies of fed cattle remain relatively tight while consumer demand has increased during the holiday season. Retailers have been selling beef in smaller packages in an effort […] Read more