cattle prices Archives - Page 20 of 26

Klassen: Improving margins support feeder market

By Jerry Klassen, GFM Network News May 24, 2016

Average western Canadian feeder cattle prices were $3-$5 above week-ago levels, with top-quality larger groups trading as much as $8-$10 higher. While current pen closeouts remain underwater, the deferred positions are somewhat brighter, which has rejuvenated buying enthusiasm. Most risk management strategies rely on cattle feeders staying in the game all year. There appears to […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market bounces off previous lows

By Jerry Klassen, GFM Network News May 17, 2016

Western Canadian feeder cattle prices traded $5-$8 above week-ago levels with quality groups of steers selling for as much as $10 higher. Renewed optimism surfaced amongst feedlot operators as feeding margins appear to be moving above break-even pen closeout values. Auction markets that only had two or three major buyers at previous sales in spring […] Read more

Beef Cattle, Livestock, Markets

Klassen: Drop in fed cattle prices weighs on feeder complex

By Jerry Klassen, GFM Network News May 10, 2016

Alberta fed cattle prices dropped sharply last week, with dressed sales falling $10 to $20 from seven days earlier. Despite the weakening Canadian dollar, wholesale beef prices also fell US$10/cwt which offset any currency benefit. Feedlot operators froze with disbelief as the market suffered one of the sharpest week-over-week declines in recent memory. The hot […] Read more

Finishers, Livestock, Markets

Klassen: Limited buying interest softens feeder market

By Jerry Klassen, GFM Network News April 26, 2016

Just when I thought feeder cattle prices were stabilizing, once again the unexpected occurs. A sharp rally in U.S. grain futures, along with weaker fed cattle prices, caused western Canadian feeder cattle to trade $6-$12 lower compared to week-ago levels. Auction markets reported limited buying interest, with often only two or three larger feedlots stepping […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market garners support

By Jerry Klassen, GFM Network News April 18, 2016

Western Canadian feeder cattle markets were relatively stable over the past week while prices in the major feeding regions were $2 to $5 higher. Alberta fed cattle prices were $2 higher, trading in the range of $170 to $172, which bolstered buying enthusiasm in the heavier weight categories. Feedlot operators in the Lethbridge area were […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder cattle markets remain sluggish

By Jerry Klassen, GFM Network News April 12, 2016

Compared to last week, Canadian feeder cattle prices were steady to $5 lower across the Prairies while lighter-weight categories suffered a week-over-week decline of $4 to $6. Feedlots were a bit more aggressive on yearlings as quality backgrounded cattle are starting to dwindle at this time of year. A larger group of larger-frame lower-flesh Simmental […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feedlot operators throw in towel on feeder market

By Jerry Klassen, GFM Network News April 5, 2016

Weaker wholesale beef values, along with softer fed cattle prices, set a negative tone for the feeder cattle market this past week. Western Canadian feeder markets were trading $4-$8 below week-ago levels, with calves trading as much as $10 lower in some cases. Producers can become nauseous watching these live cattle futures, but this is […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder cattle trade lower

By Jerry Klassen, GFM Network News March 29, 2016

The “one-week wonder” from seven to 10 days ago appears to have evaporated; a softer sentiment blanketed Western Canada this week, with feeder markets dropping $4 to $6 on average. A significant slide in live cattle futures, along with softer cash prices, caused feedlots to move into a risk-averse mentality. Heavier replacements took the brunt […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder cattle mixed across the Prairies

By Jerry Klassen, GFM Network News March 21, 2016

Market sentiment can be extremely variable and this week, we saw a large divergence in the price structure across the Prairies. Alberta feeder cattle prices were generally $3 to $6 higher and in some cases as much as $10 above week-ago levels. Buying interest appeared to fade moving east, with Manitoba markets dropping $4-$8 from […] Read more

Cattleman’s Corner, Livestock, Markets

Klassen: Supply is up, will demand follow?

Market Update: The economy needs to improve before consumers will buy more beef

By Jerry Klassen March 17, 2016

All factors considered, Canadian cattle producers need to be cautious because the market is contending with a year-over-year increase in supplies and softer demand for 2016. The U.S. experienced historically low beef production in 2015 but it appears with the expansion of the cattle herd, beef supplies will sharply increase from now through 2017. This […] 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: Improving margins support feeder market

Klassen: Feeder market bounces off previous lows

Klassen: Drop in fed cattle prices weighs on feeder complex

Klassen: Limited buying interest softens feeder market

Klassen: Feeder cattle market garners support

Klassen: Feeder cattle markets remain sluggish

Klassen: Feedlot operators throw in towel on feeder market

Klassen: Feeder cattle trade lower

Klassen: Feeder cattle mixed across the Prairies

Klassen: Supply is up, will demand follow?

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