(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market absorbs larger supplies

Western Canadian feeder cattle prices were well supported this past week, with strong buying interest from both larger feedlot operators and the “year-end buyer” custom cattle feeder. Fed cattle prices continue to trade near historical highs, causing feedlots to aggressively liquidate market-ready supplies. Empty pens can have significant opportunity cost in this environment, so there […] Read more




(Photo courtesy Canada Beef Inc.)

Klassen: Healthy feeding margins support feeder cattle market

Western Canadian feeder cattle price volatility continues while average prices remain near historical highs. Fancier minimal-flesh quality calf prices experienced spurts of $5 to $8 above average levels as exotic steers averaging 780 pounds reached up to $246 in central Alberta. Similarly, a small group of quality 750-lb. steers touched $252 at a feature sale […] Read more


Klassen: Feeder cattle markets remain firm at feature sales

Western Canadian feeder cattle markets experienced extreme volatility over the past week. Strong buying interest was noted on pre-conditioned calves while unweaned bawlers traded $2-$5 per hundredweight (cwt) lower. Alberta packers showed limited interest for fed cattle due to uncertainty in wholesale beef values. However, by the weekend, fed cattle in the U.S. southern Plains […] Read more

Klassen: Feeder cattle experience volatile price action

Western Canada’s feeder cattle prices traded in an volatile fashion this past week due to uncertain economics and beef demand uncertainty. Early in the week, auction barns were reporting values steady with week-ago levels; however, buying enthusiasm started to wane by Wednesday and prices were $3-$5 per hundredweight (cwt) lower by the weekend. Feedlot operators […] Read more


Klassen: Feeder cattle jump $4-$8

Western Canada’s calf prices once again jumped $4-$8 per hundredweight (cwt) while yearling prices advanced a solid $2-$4. Strength in the fed cattle market, along with stronger wholesale beef values, rejuvenated buying enthusiasm for all weight categories. Alberta packers were buying fed cattle $2-$3/cwt above week-ago levels with fed steers trading in the range of […] Read more

Consumers balk at higher beef prices

Retail beef prices have surged higher since January, resulting in softer beef consumption. Average American at-home and away-from-home food expenditures were running four and three per cent, respectively, above year-ago levels earlier in 2014. But since March, at-home food spending is now below year-ago levels by two per cent while away-from-home food spending is down 8.4 […] Read more