(Geralyn Wichers photo)

Klassen: Feeder market consolidates at historical highs

Higher borrowing costs offset lower feed prices

For the week ending Saturday, western Canadian yearling steer prices were quoted $2-$4 higher; yearling heifers traded $2 higher to $5 lower. Calves were relatively unchanged although volumes were limited. Larger groups of quality genetics were well bid while second tier cattle were marginally discounted off the highs. Some ranches are liquidating yearlings about one […] Read more

Grocery store spending is up from last year but the rally in retail beef prices has come to a halt.

Fed cattle market sets new record high

Market Update: Good moisture should get pastures growing this spring, while calf prices are expected to trend higher until fall

During the third week of April, Alberta packers were buying fed cattle on a live basis in the range of $222-$225/cwt delivered, which was a record high. Tighter market-ready supplies on both sides of the border along with a sharp year-over-year increase in demand have resulted a higher price structure. During March, U.S. restaurant sales […] Read more


Photo: Canada Beef Inc.

Klassen: Feeder market remains firm on fed cattle strength

Alberta's disastrous wildfires may disrupt calf marketings

Compared to last week, western Canadian prices for yearlings over 800 lbs. were quoted steady to $4 higher; feeders between 600-800 lbs. were relatively unchanged while calves under 600 lbs. were $5-$10 higher. The market for calves under 600 lbs. was hard to define due to limited volumes. Alberta packers were buying fed cattle on […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle supplies remain snug

Feedlots expect significantly cheaper barley come harvest

Compared to last week, western Canadian feeder cattle markets traded $3-$4 on either side of unchanged. Premium low-flesh yearlings were one off bids $15-$20 above average. Cattle buyers commented that there were larger volumes of fleshier yearlings. Cattle with heavier butter levels were discounted from our listed values by $5 to as much as $10. […] Read more


Photo: Canada Beef

Klassen: Positive feeding margins lift feeder complex

Futures continue percolating higher

Compared to last week, western Canadian yearlings traded steady to $5/cwt higher. Feeders in the 650- to 800-lb. category appeared to jump $4/cwt to as much as $8/cwt in some cases. Calves under 650 lbs. were up $5-$10/cwt. Alberta packers were buying fed cattle in southern Alberta on a live basis at $222/cwt f.o.b. the […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market factors in lower barley prices

Strength in deferred live cattle futures also supportive

Compared to last week, western Canadian yearlings over 800 lbs. jumped $4 to as much as $10 in some cases. Steers in the 700- to 800-lb. category appeared to be up $10-$12 while similar-weight heifers were up $8-$10. Calves under 700 lbs. were up $10-$20. The feeder market was hard to define in some cases. […] Read more


U.S. continues with lower beef production

U.S. continues with lower beef production

Market Update: Feeder market is sending signals to increase heifer retention and herd expansion

During the second week of January, Alberta packers were buying fed cattle on a dressed basis at an average price of $312/cwt delivered, up $8-$10/cwt from mid-December. The backlog of market-ready supplies is slowly being alleviated, which has caused the fed cattle basis to strengthen.  Western Canadian carcass weights are now below year-ago levels. Wholesale […] Read more

File photo of cattle on feed near Champion, Alta., about 75 km north of Lethbridge. (James_Gabbert/iStock/Getty Images)

Klassen: Uncertain fed cattle market weighs on feeder cattle

U.S. feeder demand seen relatively sluggish

Compared to last week, western Canadian yearlings (900 lbs. and over) appeared to trade $6-$8 lower on average; yearlings weighing 800-900 lbs. off grass were unchanged. Backgrounded yearlings were also $6-$8 lower. Mid-weight calves were unchanged but calves under 600 lbs. were $3 to as much as $10 lower in some cases. Feedlot operators pulled […] Read more


The cattle market will move through a transition phase in the fourth quarter of 2022.

U.S. cattle herd continues to contract

Market Update: Lower feed grain prices this fall will improve feeder margins

During the first half of August, Alberta packers were buying fed cattle on a live basis in the range of $173-$176 FOB the feedlot in southern Alberta. Fed cattle prices have been relatively flat over the past month as the U.S. market contends with a sizeable year-over-year increase in fed cattle supplies. Alberta basis levels […] Read more

Lower beef production means higher prices

Lower beef production means higher prices

As the U.S. herd contracts, this is the year for Canadian producers to increase numbers

During the latter half of June, Alberta packers were buying fed cattle in the range of $170-$173 f.o.b. the feedlot in southern Alberta. The market was up $2 to $3 from 30 days earlier. Prices were marking fresh 52-week highs as feedlots in Western Canada contend with a backlog of market-ready supplies. The fed cattle […] Read more