(Photo courtesy Canada Beef Inc.)

Klassen: Strong demand drives yearlings higher

Compared to last week, western Canadian yearling markets traded $2-$3 higher, with quality packages advancing $4-$6. Feedlot operators shrugged off the weaker live cattle futures as feed grain prices came under pressure. Cattle brokers were carrying a full deck of orders, which allowed for limited slippage. Feedlots are anxious to secure ownership early in the […] Read more








(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle end higher

Chicago | Reuters — U.S. livestock futures closed mixed on Monday, with live cattle rising on higher-than-expected cash cattle trades and lean hogs falling on expectations of rising supplies and worries about export demand, traders said. Live cattle futures rose after fed cattle traded late Friday in Texas and Kansas at $111/cwt, which was $2 […] Read more




Barley south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Klassen: Weaker barley prices enhance yearling prices

Compared to last week, yearlings traded $3 to as much as $8 higher, with strong buying interest noted from Lethbridge-area feedlots. Supplies of quality feeders are rather snug at this time of year and buyers were extremely aggressive on local packages. Prices in the non-major feeding areas appeared to lag southern Alberta markets but orders […] Read more