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Tag Archives cattle prices

(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Optimistic fed cattle outlook supports feeder market

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Compared to last week, western Canadian feeder cattle markets traded $2-$4 higher. Strong demand was noted on yearlings, which spilt over into the lighter weight categories. Major feedlot operators in Alberta set the price structure, with aggressive orders flowing across the Prairies. Some operators have been holding back on purchases due to higher prices; however, […] Read more
Feed grain prices expected to remain high
Cattleman’s Corner, Livestock, Markets

Feed grain prices expected to remain high

Market Update with Jerry Klassen: More likely to find better calf market closer to year-end

By
There are always a lot of factors affecting the North American beef market, but this month’s take-home message is to look for the fed cattle market in Alberta to reach seasonal highs during November. We could see Alberta fed cattle prices reach up to $165 delivered. Yearling prices are expected to increase $5 to $8 […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Livestock, Markets

Klassen: Yearlings hold value while calves remain under pressure

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Compared to last week, Western Canadian yearling prices were relatively unchanged while calves were once again $2 to $4 lower. Featherlight bawlers were down $4 to as much as $8 from week-ago levels. The tight feed grain supply situation continues to set the price structure for feeder cattle. Yearlings straight off grass held a slight […] Read more
(Photo courtesy Canada Beef Inc.)
Cattleman’s Corner, Livestock, Markets

Stronger fed cattle prices support feeder market

Market Update with Jerry Klassen: It’s good to see a return to renewed optimism in the cattle complex

By
During the week ending May 8, Alberta fed cattle prices were quoted in the range of $158 to $162, up $8 to $10 from 30 days earlier. Wholesale beef prices continue to percolate higher as the U.S. economy moves through a major expansionary phase. Rising consumer incomes and stronger consumer spending will result in a […] Read more
Cow-calfers and backgrounders should hold off
Cattleman’s Corner, Cow-Calf, Markets

Cow-calfers and backgrounders should hold off

Market Update with Jerry Klassen: Keep lighter calves from the 2020 crop for as long as you can

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Feed grain prices have been the largest factor influencing yearling and calf prices over the past couple of months. As of mid-January, feed barley was trading in the range of $275/mt to $285/mt delivered in the Lethbridge area while feedlots in the Red Deer region were making purchases from $265/mt to $272/mt delivered. Barley prices […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market bounces on optimistic outlook

Feed barley remains near historical highs

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Compared to last week, western Canadian yearling prices traded $2-$4 higher; prices for mid-weight calves were quoted $4-$8 above week-ago levels. Calves under 550 lbs. traded $6 to as much as $10 higher compared to seven days earlier. Improving feedlot margins were the main factor driving the feeder market. June and August live cattle futures […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle prices digesting uncertainty

Defensive tone likely through January

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The feeder cattle market was very quiet during the last week of December with auction barns in holiday mode. There were discussions regarding direct sales but no actual business was confirmed. The stakes are too high given the market uncertainty; a defensive tone will likely continue throughout January. Feed grains continue to percolate higher; the […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market grinds lower

'Is there no grain in this country?'

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Compared to last week, prices for western Canadian yearlings weighing over 900 lbs. were down $4-$8 on average; yearlings weighing between 800-900 lbs. were down $2-$4; calves under 800 lbs. were down $8-$12, with the exception of Manitoba, where lighter calves traded $3-$5 below week-ago levels. Feedlot operators are asking, is there no grain in […] Read more
Beef demand is slowly improving as Canadian and U.S. economies recuperate from the COVID-19 spring shutdown.
Cattleman’s Corner, Livestock, Markets

Favourable beef market over the long term

Market Update with Jerry Klassen: Poor calf prices this October, fed prices will improve later in 2021

By
First a look at the calf market The calf market will likely remain flat through this October and November. After December, calves that come on the market generally have the option to be placed on grass next spring or moved to a finishing lot. The calf market during the spring of 2021 is expected to […] Read more

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