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Tag Archives cattle prices

U.S. cattle herd still growing, but at a slower pace
Cattleman’s Corner, Livestock, Markets

U.S. cattle herd still growing, but at a slower pace

Market Update: Numbers indicate we're still a couple of years away from contraction

By
The USDA cattle inventory report in late February showed cattle inventory and calf numbers were above a year ago, but the expansionary phase appears to be slowing. Canadian feeder cattle exports to the U.S. for 2018 had a year-over-year increase of 65 per cent. The larger U.S. calf crop may temper demand for Canadian feeder […] Read more
Cattleman’s Corner, Markets

Understanding feeder cattle price structure

Market Update with Jerry Klassen: Comparing prices for custom feeders and a finishing feedlot

By
The feeder cattle futures have traded in a narrow range since early November but we’ve seen severe swings in the western Canadian feeder cattle basis. This has made it difficult for the cow-calf operator and backgrounding operator to project a forward price for summer and fall. I’ve also received inquiries in regards to the price […] Read more
(WPohlDesign/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Feeder market easily absorbs adverse weather

By ,
Western Canadian feeder markets were relatively unchanged from week-ago levels but there were a couple of unique characteristics in certain regions. Quality yearling packages were $2-$4 higher in Alberta but fleshier replacements were discounted. Eastern Prairie regions had grass cattle under 600 lbs. trading $3 to as much as $8 above week-ago levels. Order buyers […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market starts year with cautious tone

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Western Canadian feeder cattle prices were relatively unchanged to slightly softer compared to mid-December. The market was lightly tested, with direct off farm to feedlot trade, but auction market activity was rather quiet. Winter conditions in southern Alberta caused buyers to be on the defensive, with lighter calves reflecting small discounts; however, vaccinated feeders on […] Read more
CME February 2019 live cattle with 50-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle jump to contract highs

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Chicago | Reuters — U.S. cattle futures climbed to life-of-contract highs on Thursday as a storm brought blizzard-like conditions to much of the Plains cattle belt, stoking expectations of higher prices for the animals in cash markets, traders said. Heavy snow could impede transportation of cattle to market in Nebraska, Kansas, Oklahoma and elsewhere while […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market ends year on firm tone

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Compared to last week, western Canadian feeder markets traded $3-$5 higher. Auction barns in the major feeding regions of Alberta had limited numbers on offer last week; therefore, major operations were sourcing feeders from farther distances. While most feedlots are carrying sufficient numbers, year-end buying was able set the market on a firm tone. April […] Read more

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