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Tag Archives fed cattle

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

Klassen: Healthy margins drive feeder complex

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Western Canadian feeder cattle markets traded steady to $5 higher compared to week-ago levels. Buyers were quite meticulous on flesh levels and quality features in the heavier weight categories; however, feedlot operators were definitely more aggressive this week. Major operations have liquidated a fair amount of fed cattle and these players are anxious to reload […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle drop on cautious feedlot demand

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Western Canadian feeder cattle markets traded $3 to as much as $8 below week-ago levels as feedlot managers anticipate growing beef supplies during the late spring and summer. Heavier weight categories absorbed the brunt of the selling pressure, with backgrounding operators liquidating fall-placed calves. Certain groups of higher-quality heifers held value with the purpose of […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Tenacious feeder market softens on supply forecasts

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Western Canadian feeder cattle prices traded steady to as much as $5 lower over the past week. Early in the week, buyers incorporated a risk discount due to the extremely cold temperatures, especially in the Eastern prairie regions. By Thursday, markets were factoring in the larger beef supply forecasts from the U.S. Department of Agriculture, […] Read more
Beef Cattle, Cattleman’s Corner, Markets

Short-term gains, long-term pains

The market still needs to discourage beef production — and that hurts

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Fed and feeder cattle prices have been percolating higher recently as the markets adjust to lower-than-expected first-quarter beef production. Alberta fed cattle prices have been hovering in the range of $162 to $165, which is approximately $25 above break-even pen closeout values. Healthy feedlot margins allowed feedlots to bid up feeder cattle prices. Larger-frame steers […] Read more
(USDA.gov via Flickr)
Finishers, Livestock, Markets

Klassen: Feeder cattle markets digest USDA inventory report

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Western Canadian feeder cattle markets traded $5 higher to as much as $10 lower compared to week-ago levels. The U.S. Department of Agriculture’s Cattle on Feed report, along with U.S. inventory data, confirmed larger beef supplies in upcoming months, which set a negative sentiment amongst feedlot operators. Auction markets experienced variable price ranges on similar-weight […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Fed cattle uncertainty restricts upside in feeders

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Western Canadian feeder cattle were actively trading $3-$5 higher compared to week-ago levels. Order buyers felt like they were groping in the dark but realized there was a fair amount of buying interest by the week’s end. Alberta and Ontario orders were floating aggressively into Manitoba and eastern Saskatchewan, which kept the market flat across […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle prices lukewarm on mixed factors

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Western Canadian feeder cattle markets were steady to $2 higher compared to week-ago levels. All weight classes experienced lukewarm buying interest, despite improving margins in the feedlot sector. Most auction barns experienced minimal numbers; cow-calf producers are holding back on sales hoping for stronger values and extreme cold temperatures hindered cattle movement, especially in the […] Read more
The 2017 market has flickering bright lights
Livestock, Markets

The 2017 market has flickering bright lights

Lower retail prices help to fuel increased beef demand

By
The price outlook for fed and feeder cattle prices has improved over the past month. First, beef production during the first half of 2017 will be lower than earlier anticipated. Second, offshore North American beef demand has strengthened in Southeast Asia due to lower exports from Australia. Third, Canadian exports of fed cattle and beef […] Read more

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