cattle prices Archives - Page 18 of 26

Klassen: Feeder cattle markets establish fundamental equilibrium

By Jerry Klassen, GFM Network News November 8, 2016

Western Canadian feeder cattle markets were relatively unchanged from week-ago levels as most auction barns held featured or pre-sort calf sales. However, premiums of $3 to as much as $8 were noted on pre-conditioned, quality-weaned replacements. Time in the market is more important than timing the market; longer term risk adverse feeding reinforced the fact […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market bounces off the lows

By Jerry Klassen, GFM Network News November 1, 2016

Western Canadian feeder cattle markets experienced a week-over-week gain of $5 to $8. Strength in live cattle futures, along with the weaker Canadian dollar, rejuvenated buying interest amongst feedlot operators across the Prairies. Alberta packers were buying fed cattle in the range of $222 to $227 on a dressed basis, which was also up $2 […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market lacks buying interest

By Jerry Klassen, GFM Network News October 24, 2016

In a market profile, trader Peter Steidlmayer clarified that markets go up because there is no selling and markets go down because there is no buying. Western Canadian feeder markets were a perfect example of this market theory, as prices experienced a week-over-week decline of $10-$15. Feedlot operators once again sat on their hands with […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market aggressively searches for demand

By Jerry Klassen, GFM Network News October 18, 2016

A boulder falling off a mountain accelerates and gains momentum as it nears the ground. Until we see another force come into play, there’s no signal the lows are near in the feeder complex. Once again, the western Canadian feeder cattle traded $8 to $10 below week-ago levels, with sharper declines noted on unweaned calves. […] Read more

Beef Cattle, Livestock, Markets, Reuters

USDA requires meat packers to report online cattle auction deals

By GFM Network News September 29, 2016

Chicago | Reuters –– The U.S. Department of Agriculture said Thursday it will require meat packers to report cattle purchases they make through online auctions to the agency starting next week, a move that stoked traders’ hopes for more transparent markets. USDA will begin including transactions from auctions on the Fed Cattle Exchange in pricing […] Read more

Beef Cattle, Livestock, Markets, Reuters

Western Feedlots closure seen hurting prices

By Rod Nickel, GFM Network News September 22, 2016

Winnipeg | Reuters — The closure of one of Canada’s biggest cattle feedlots is likely to depress prices of young cattle and the grains used to fatten them, and may increase sales to the U.S., industry officials say. Alberta-based Western Feedlots said Wednesday it will shut feeding operations early in 2017, citing poor market conditions […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market drops on fed cattle weakness

By Jerry Klassen, GFM Network News September 12, 2016

Alberta packers were buying fed cattle in the range of $128-$130 this past week — the lowest levels since December 2013 and down nearly $18 from a month ago. Weekly beef production continues to defy expectations, bludgeoning feeding margins across the Prairies. Western Canadian feeder cattle markets were quick to respond, trading $8-$10 below week-ago […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market softens

By Jerry Klassen, GFM Network News September 6, 2016

Hope deferred makes the heart sick, goes the old proverb, and there is no greater example than in the cattle complex. Placid feedlot operators watched in dismay as fed cattle sold in the range of $133-$135 this past week, down approximately $6 from week-ago levels and $10 below breakeven pen closeout values. The stomach-churning fed […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market stable but demand remains soft

By Jerry Klassen, GFM Network News August 30, 2016

Comments from the country this week suggested the market was slightly firmer than week-ago levels. However, market reports stated prices were relatively unchanged and actually softened late in the week. The old saying that even a priest lies about his car’s gas mileage applies to overly optimistic cattlemen trying to bolster market enthusiasm. Feedlot margins […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market establishes defensive tone

By Jerry Klassen, GFM Network News August 23, 2016

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels although a softer tone was noted late in the week. After two weeks of slightly higher values, buyers took on the attitude of cutting one’s coat according one’s cloth. Each cattle feeder appears to have his or her own view of the market and […] Read more

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

GFM Network News

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

Tag Archives cattle prices

Klassen: Feeder cattle markets establish fundamental equilibrium

Klassen: Feeder market bounces off the lows

Klassen: Feeder market lacks buying interest

Klassen: Feeder market aggressively searches for demand

USDA requires meat packers to report online cattle auction deals

Western Feedlots closure seen hurting prices

Klassen: Feeder market drops on fed cattle weakness

Klassen: Feeder market softens

Klassen: Feeder market stable but demand remains soft

Klassen: Feeder market establishes defensive tone

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