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Tag Archives fed cattle

Cattleman’s Corner, Livestock, Markets

If you see a profit, take it

Markets have improved, but it likely won’t last

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Fed and feeder cattle have been percolating higher over the past month as the market moves through a period of seasonal low beef production. Restaurant traffic sharply improves in March and April, and retail beef movement also increases. Consumers generally start eating more once spring rolls around and this year, the health of the overall […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle upward trend stalls

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Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Noticeable slippage was noted in shorter-keep cattle while lighter weight categories experienced spurts of $2-$3 above last week’s prices. Alberta packers were buying fed cattle at $292 on a dressed basis, up about $4-$6 from week-ago levels. However, auction rings experienced a subdued tone […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle jump on healthy margin structure

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Western Canadian feeder cattle jumped $3-$5 on average last week, with 800-plus-lb. yearlings trading as much as $8 higher. Historically high finishing margins finally resonated with feedlot operators and a precarious attitude from recent weeks was thrown by the wayside. Order buyers were inundated with interest as bids were relatively firm across the Prairies. Adverse […] Read more
(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

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