fed cattle Archives - Page 34 of 60

Klassen: Feeder market lacks buying interest

Market gives in to pressure from Chicago futures

By Jerry Klassen, GFM Network News April 7, 2020

Compared to last week, western Canadian feeder cattle markets traded $5-$8 lower on average, with yearlings dropping as much as $10-$12 in certain areas. It appears buyers are incorporating a risk discount due to uncertainty in beef demand longer-term. Rising unemployment levels, sluggish consumer confidence and a sharp drop in disposable income are all factors […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market experiences fortuitous bounce

By Jerry Klassen, GFM Network News March 31, 2020

Last week, the feeder market started on a very sluggish tone. Buyers were sitting back waiting for the market to establish direction. By Friday, yearling prices were up $2-$4 compared to seven days earlier, while calves were trading $4 to as much as $8 above week-ago levels. Cow-calf producers and backgrounding operators have been holding […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market remains vulnerable

By Jerry Klassen, GFM Network News March 24, 2020

Compared to last week, western Canadian feeder cattle prices were quite variable. Compared to seven days earlier, Alberta feeder prices were unchanged to $5 lower; however, the markets in northern Alberta, Saskatchewan and Manitoba were down $5 to as much as $10 in some cases. Weakness in the yearling markets spilled over into the lighter […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market digesting lower beef demand

By Jerry Klassen, GFM Network News March 17, 2020

Compared to last week, western Canadian yearling prices were down $12-$18; mid-weight calves were down $10 to as much as $15 while calves under 550 lbs. were down $4-$8. The market is incorporating a risk discount due to uncertainty in beef demand for the second and third quarters of 2020. Feedlot margins are in negative […] Read more

CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Cattle futures hit 10-year lows

Coronavirus stokes demand uncertainty

By GFM Network News March 16, 2020

Chicago | Reuters — U.S. cattle futures plunged on Monday to their lowest in nearly a decade, with traders citing uncertainty about what the coronavirus pandemic will mean for long-term demand. Hog futures also were sharply lower, sinking to their lowest since October 2018. All fed cattle contracts and most hog contracts settled down the […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Extreme variability characterizes feeder market

By Jerry Klassen, GFM Network News March 10, 2020

Western Canadian feeder cattle prices were extremely variable over the past week which made the market hard to define. Compared to last week, yearling prices were quoted $2 to as much $6 lower while calves traded $2 lower as much as $5 higher. While some auction crowds were caught up with the negative news coverage, […] Read more

An image created by Nexu Science Communication, together with Trinity College in Dublin, shows a model structurally representative of a betacoronavirus, the type of virus linked to COVID-19. (Nexu Science Communication via Reuters)

Beef Cattle, Finishers, Livestock, Markets

Klassen: Coronavirus fears weigh on feeder markets

By Jerry Klassen, GFM Network News March 3, 2020

Western Canadian feeder prices were not immune to the meltdown of financial and commodity markets last week. Buyers appeared to incorporate a risk discount due to uncertainty in beef demand over the next few months. Compared to last week, larger groups of quality yearlings traded $3-$5 lower while smaller packages were down $4 to as […] Read more

Finishers, Livestock, Markets

Klassen: Calves remain firm while yearlings falter

By Jerry Klassen, GFM Network News February 25, 2020

Compared to last week, western Canadian yearling markets traded $3-$5 lower while calves and grassers traded within $5 on either side of unchanged. Calves were extremely variable with similar weight cattle sometimes trading $6-$8 apart at the same sale. Supplies of calves coming on the market appear to be lower than last year. This may […] Read more

Finishers, Livestock, Markets

Klassen: Calf prices divorce from yearling markets

By Jerry Klassen, GFM Network News February 18, 2020

Compared to last week, yearling prices were steady to as much as $4 lower depending on the region in Western Canada. Alberta packers were buying fed cattle at an average price of $252 on a dressed basis, down $6-$8 from last week and down about $20 from the last week of January. Weakness in fed […] Read more

Beef Cattle, Cattleman’s Corner, Markets

Analyzing the cattle-on-feed reports

Market Update with Jerry Klassen: What looks like bearish news is sometimes the opposite 

By Jerry Klassen February 14, 2020

The Alberta and Saskatchewan cattle-on-feed reports can provide valuable information for cow-calf producers and backgrounding operators. Finishing feedlots often pay attention to the main numbers in the cattle-on-feed reports but fail to look at fine details such as the feeder cattle placements by weight category. In some cases, media reports suggest the report is bearish […] Read more

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Tag Archives fed cattle

Klassen: Feeder market lacks buying interest

Klassen: Feeder market experiences fortuitous bounce

Klassen: Feeder market remains vulnerable

Klassen: Feeder market digesting lower beef demand

U.S. livestock: Cattle futures hit 10-year lows

Klassen: Extreme variability characterizes feeder market

Klassen: Coronavirus fears weigh on feeder markets

Klassen: Calves remain firm while yearlings falter

Klassen: Calf prices divorce from yearling markets

Analyzing the cattle-on-feed reports

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