fed cattle Archives - Page 38 of 60

Klassen: Fed cattle bounce supports yearling market

By Jerry Klassen, GFM Network News June 25, 2019

Compared to last week, western Canadian yearling prices were relatively unchanged while calf values were extremely variable. In Alberta, calf prices were holding value but in Saskatchewan and Manitoba, feeder cattle under 650 lbs. were $3 to as much as $8 lower in some cases. Recent rains in Saskatchewan have come too late and auction […] Read more

Finishers, Livestock, Markets

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

Canada is currently contending with a burdensome beef supply.

Cattleman’s Corner, Livestock, Markets

Higher beef production weighs on cattle complex

Market Update with Jerry Klassen: Consumers will have to eat more beef to compensate

By Jerry Klassen June 6, 2019

In my previous article, we mentioned that the cattle market was in a transition phase. Market-ready supplies of fed cattle during April were relatively tight while beef demand was moving through a seasonal high. The fed and feeder cattle markets softened during May as beef production grew. North American beef demand is considered inelastic so […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market finds support

By Jerry Klassen, GFM Network News May 20, 2019

Compared to last week, western Canadian yearling markets traded steady to $2 lower while calves traded $3 higher to as much as $8 lower. Adverse weather across much of the U.S. Midwest set a negative tone on both sides of the border. U.S. feeder cattle markets were down US$3-$6 from seven days earlier. Corn futures […] Read more

Despite lower numbers on finishing operations, slaughter numbers in Canada are about 80,000 head higher than a year ago.

Cattleman’s Corner

Beef complex moving toward higher supplies

Market Update with Jerry Klassen: Already-tight feeder margins expected to be negative by early fall

By Jerry Klassen May 17, 2019

During the last week of April, Alberta packers were buying fed cattle in the range of $160 to $163 on a live basis. The market has been contending with tighter supplies of market-ready cattle south of the border. At the same time, wholesale beef prices have been percolating higher as retail and restaurant demand moves […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market continues to soften

By Jerry Klassen, GFM Network News May 13, 2019

Compared to last week, western Canadian feeder cattle markets traded $3-$5 lower on average with some auctions down $5 to as much as $8. Alberta packers were buying fed cattle on a dressed basis at $258 delivered, down $15 from the April highs. Feeding margins have slid into negative territory quite rapidly and could be […] 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

Finishers, Livestock, Markets

Klassen: Cash feeder market shrugs off lower futures

By Jerry Klassen, GFM Network News April 29, 2019

This past week, Alberta packers were buying fed cattle in the range of $270-$274 on a dressed basis, up $2-$4 from seven days earlier. Strength in the fed cattle market spilt over into the feeder complex as feeding margins moved into positive territory for the first time this year. Compared to last week, western Canadian […] 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

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Tag Archives fed cattle

Klassen: Fed cattle bounce supports yearling market

Klassen: Feeder market shrugs off feed grain rally

Klassen: Feeder cattle demand softens

Higher beef production weighs on cattle complex

Klassen: Feeder market finds support

Beef complex moving toward higher supplies

Klassen: Feeder market continues to soften

Klassen: Feeder cattle rally loses steam

Klassen: Cash feeder market shrugs off lower futures

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

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