(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market eyes feed grain rally

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Limited cattle were on offer with the shortened holiday week, but quality groups were well bid. Feedlot operators have been aggressively selling fed cattle, freeing up pen space. Although feedlot inventories decline in the summer, many operations want to carry sufficient numbers into the […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Low volumes characterize feeder cattle market

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels; however, low volumes and various-quality cattle characterized the market. It’s that time of year, when stragglers and recovering sick animals come available and discounts were quite sizeable on substandard cattle. Quality late bloomers were well bid and there was no shortage of buyers. Feedlot […] Read more





(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market experiences mixed tone

Western Canadian feeder cattle markets were rather subdued this past week; average prices were unchanged from seven days earlier. However, the bloom has come off the rose as the extreme highs from earlier in May have evaporated. Late in the week, shorter-keep cattle appeared to trade $3-$5 higher, especially on higher-quality larger groups. Major feedlot […] Read more

What is the cattle futures market saying?

What is the cattle futures market saying?

The combination of cash and futures market numbers will point the way

I’ve received numerous calls over the past month from cow-calf producers and backgrounding operators in regards to a marketing strategy for their individual operation. In four previous articles I’ve discussed the feeder cattle futures market and the historical relationship between the cash and futures market. I analyzed basis levels and discussed using the basis and futures for […] Read more


Understanding risk for feeder cattle: Pt. 3

The Markets: Don’t buy unless the basis is favourable for a profit

This is the third article in the ‘Understanding risk for feeder cattle’ series. I started by explaining the feeder cattle futures market and basic theory of hedging. The second column focused on average basis levels and using these basis levels to forecast an expected selling price. I analyzed the risk and reward of backgrounding 550-pound […] Read more



General movement toward higher production

Market Update: Feeder cattle prices may not get much better than they are right now

Fed cattle prices were hovering in the range of $158 to $160 in mid-February, slightly lower than month-ago levels. The markets are relatively strong and I’m expecting the yearly highs to occur over the next month. First-quarter beef production is coming in marginally lower than anticipated, but supplies are building. The recent cattle-on-feed report and […] Read more

(Country Guide file photo)

Falling farm gate prices highlight ‘long overdue’ topic

CNS Canada — Statistics Canada’s latest Farm Product Price Index marks a year of annual declines, predominantly led by the cattle sector. The whims of the market are one source of losses, but two producer group heads say the data call attention to the country’s processing sector. Year-over-year declines in Canada’s Farm Product Price Index […] Read more