cattle prices Archives - Page 13 of 26

Klassen: Feeder markets experience lacklustre trade

By Jerry Klassen, GFM Network News February 13, 2018

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels as extremely cold temperatures hinder market activity. Most auction barns reported small groups of various quality cattle on offer, which made the market hard to define. In the major markets of Alberta such as Lethbridge, there were very few yearlings available. This forced major […] Read more

(Regis Lefebure photo courtesy ARS/USDA)

Livestock, Markets, Reuters

U.S. livestock: Lean hogs rally on short-covering, bargain buying

By GFM Network News February 12, 2018

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied more than two per cent on Monday in a short-covering and bargain-buying rebound from steep declines last week and as cash pork prices rose. The actively-traded Chicago Mercantile Exchange April contract touched a 4-1/2 month low early in the trading session but recovered to […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market stabilizes on U.S. inventory data

By Jerry Klassen, GFM Network News February 5, 2018

Compared to last week, western Canadian feeder cattle prices were relatively unchanged but there was a wide variation across the Prairies. Major markets in Alberta traded steady to as much as $5 higher, while Saskatchewan and Manitoba prices were quoted $3 higher to as much as $5 lower. Major finishing operations in Alberta focused on […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market grinds lower

By Jerry Klassen, GFM Network News January 29, 2018

Compared to last week, western Canadian feeder cattle prices traded $4-$6 lower; however, yearlings and heavier calves experienced a week-over-week decline of $4 to as much as $8 with significant weakness noted in the eastern Prairie regions. Finishing feedlots continue to sit on their hands. Order buyers were active on a scale-down basis and surprised […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market lacks demand in new tax year

By Jerry Klassen, GFM Network News January 15, 2018

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

Finishers, Livestock, Markets

Klassen: Fed cattle market leads feeders higher

By Jerry Klassen, GFM Network News January 8, 2018

Alberta packers were buying fed cattle in the range of $280-$282 delivered on a dressed basis, which equates to $168-$171 on a live basis. Yearlings bought last summer are bringing back $150-$180 margin, which has reinforced buying enthusiasm. Western Canadian yearlings traded $3 to as much as $8 above week-ago levels; calves were relatively unchanged […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market ends 2017 on positive tone

By Jerry Klassen, GFM Network News December 27, 2017

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

Finishers, Livestock, Markets, Reuters

U.S. feedlot cattle placements bigger than expected

By GFM Network News December 22, 2017

Chicago | Reuters — Ranchers drove 13.9 per cent more cattle into U.S. feedlots in November than the same time a year ago, the U.S. Department of Agriculture reported on Friday. The result exceeded the high end of the range of analysts’ forecasts, partly fueled by low feed prices in the wake of this fall’s […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Stronger fed cattle market underpins feeder complex

By Jerry Klassen, GFM Network News December 18, 2017

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

Beef Cattle, Cattleman’s Corner, Markets

Strong demand enhances cattle prices

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

By Jerry Klassen December 12, 2017

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

Daily Network News

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Tag Archives cattle prices

Klassen: Feeder markets experience lacklustre trade

U.S. livestock: Lean hogs rally on short-covering, bargain buying

Klassen: Feeder market stabilizes on U.S. inventory data

Klassen: Feeder market grinds lower

Klassen: Feeder market lacks demand in new tax year

Klassen: Fed cattle market leads feeders higher

Klassen: Feeder market ends 2017 on positive tone

U.S. feedlot cattle placements bigger than expected

Klassen: Stronger fed cattle market underpins feeder complex

Strong demand enhances cattle prices

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