cattle prices Archives - Page 9 of 26

Klassen: Feeder market shrugs off feed grain rally

By Jerry Klassen, GFM Network News June 18, 2019

Compared to last week, western Canadian feeder cattle prices were $2-$5 higher on average. Noted strength was in the 700-plus-lb. categories, which spilt over into the lighter calves. Quality groups of yearlings were limited and the scarcity fear factor had a grip on the market. The U.S. Department of Agriculture lowered its fourth-quarter beef production […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle demand softens

By Jerry Klassen, GFM Network News June 11, 2019

Compared to last week, western Canadian yearling prices were $2-$4 lower on average while calves were down $3-$5 depending on the region. Weakness in the fed cattle market continues to spill over into the feeder complex, as margins drift further into red ink. Alberta packers were buying fed cattle in the range of $245-$246 delivered […] Read more

Barley, Crops, Markets

Feed weekly outlook: A tale of two Prairie grain markets

By GFM Network News May 9, 2019

MarketsFarm — Tight old-crop supplies may be keeping nearby barley bids underpinned on the Prairies — but expectations for increased acres in 2019 mean new-crop bids are at a considerable discount. “It’s a tale of two markets right now,” said Glen Loyns, general manager of JGL Commodities at Moose Jaw, pointing to the large spread […] Read more

CME November 2019 feeder cattle with 20- and 50-day moving averages. (Barchart)

Finishers, Livestock, Markets

Klassen: Feeder cattle rally loses steam

By Jerry Klassen, GFM Network News May 6, 2019

Compared to last week, western Canadian yearlings traded $2-$5 lower while calves were solidly $3 to as much as $8 lower. There’s a limit how far the cash trade can divorce from the futures market. November feeder cattle futures have dropped $12 from contract highs and there is no sign that this slide is over; […] Read more

Beef Cattle, Livestock, Markets, Reuters

R-CALF suit alleges U.S. packers conspired to suppress fed cattle prices

By GFM Network News April 23, 2019

Reuters — Four of the largest U.S. beef-packing companies were accused in a lawsuit on Tuesday of violating federal antitrust law by conspiring to drive down prices they paid ranchers for cattle, even as retail beef prices hovered near record levels. Tyson Foods, Cargill, the JBS USA unit of Brazil’s JBS and National Beef Packing […] Read more

Finishers, Livestock, Markets

Klassen: Alberta demand drives feeder market higher

By Jerry Klassen, GFM Network News April 16, 2019

Compared to last week, western Canadian yearling prices were $2-$4 higher while calves were relatively unchanged. Stronger fed cattle prices in the deferred positions along with lower new-crop barley values resulted in a firmer tone. We’re in the last half of April and quality cattle will be hard to come by in 30 days; this […] Read more

Cattleman’s Corner, Livestock, Markets

Volatile summer cattle market forecast

Market Update: U.S. feeder cattle supplies remain burdensome

By Jerry Klassen April 12, 2019

Western Canadian fed and feeder cattle markets are poised for volatile behaviour over the next four to six months. U.S. first- and second-quarter beef production are expected to come in below a year ago. During the third and fourth quarters, there will be a sharp year over year increase in beef production. As of late […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market balancing many variables

By Jerry Klassen, GFM Network News April 2, 2019

Compared to last week, western Canadian yearling markets traded steady to $3 higher while calves were $4 lower to $5 higher depending on the region. Weakness in the live and feeder cattle futures contributed to the variable price structure; however, Alberta packers were buying fed cattle in the range of $268-$270 on a dressed basis, […] Read more

Cattleman’s Corner, Livestock, Markets

U.S. cattle herd still growing, but at a slower pace

Market Update: Numbers indicate we're still a couple of years away from contraction

By Jerry Klassen March 28, 2019

The USDA cattle inventory report in late February showed cattle inventory and calf numbers were above a year ago, but the expansionary phase appears to be slowing. Canadian feeder cattle exports to the U.S. for 2018 had a year-over-year increase of 65 per cent. The larger U.S. calf crop may temper demand for Canadian feeder […] Read more

Finishers, Livestock, Markets

Klassen: Winter conditions weigh on feeder market

By Jerry Klassen, GFM Network News February 26, 2019

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. The major feeding regions from Alberta to the U.S. Midwest and southern Plains have all experienced severe storms and extreme temperatures. The forecast for southern Alberta calls for lows of -25 to -32 C over the next seven days. Auction markets have a few […] Read more

GFM Network News

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Tag Archives cattle prices

Klassen: Feeder market shrugs off feed grain rally

Klassen: Feeder cattle demand softens

Feed weekly outlook: A tale of two Prairie grain markets

Klassen: Feeder cattle rally loses steam

R-CALF suit alleges U.S. packers conspired to suppress fed cattle prices

Klassen: Alberta demand drives feeder market higher

Volatile summer cattle market forecast

Klassen: Feeder market balancing many variables

U.S. cattle herd still growing, but at a slower pace

Klassen: Winter conditions weigh on feeder market

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