(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market lacks demand in new tax year

Compared to last week, western Canadian feeder cattle traded $8-$10 lower while U.S. prices were also down $5-$10 from week-ago levels. The feeder market appeared to short-circuit after I thought the market was charged to move higher in last week’s report. Feedlot operators and cattle feeders saturated their demand prior to the New Year and […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market ends 2017 on positive tone

Compared to last week, western Canadian feeder cattle markets traded $2 to as much as $6 higher. Moderate to stronger buying interest was noted across the Prairies. Once again, feedlot operators were fairly aggressive on quality yearling packages; semi-weaned and weaned calves were a solid $3-$5 higher while unweaned lighter calves experienced minimal price appreciation. […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Stronger fed cattle market underpins feeder complex

Alberta fed cattle prices surged $11-$12 this past week, with packers buying fed cattle in the range of $262-$264 on a dressed basis. While most feedlot operations are carrying sufficient numbers at this time of year, quality packages of heavier replacements were extremely precious. Yearlings and calves above 850 lbs. sold steady to $5 above […] Read more

Strong demand enhances cattle prices

Market Update: Consumer spending in the U.S. is a major price driver

Fed and feeder cattle prices have been ratcheting higher over the past month due to stronger-than-expected demand. Consumer confidence reached record highs in October and U.S. third-quarter GDP also came in above expectations. This economic data confirms that consumer spending is stronger than anticipated, enhancing overall beef demand. Alberta packers were buying fed cattle in […] Read more