fed cattle Archives - Page 50 of 57

Klassen: Feeder market lacks buying interest

By Jerry Klassen, GFM Network News October 24, 2016

In a market profile, trader Peter Steidlmayer clarified that markets go up because there is no selling and markets go down because there is no buying. Western Canadian feeder markets were a perfect example of this market theory, as prices experienced a week-over-week decline of $10-$15. Feedlot operators once again sat on their hands with […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market aggressively searches for demand

By Jerry Klassen, GFM Network News October 18, 2016

A boulder falling off a mountain accelerates and gains momentum as it nears the ground. Until we see another force come into play, there’s no signal the lows are near in the feeder complex. Once again, the western Canadian feeder cattle traded $8 to $10 below week-ago levels, with sharper declines noted on unweaned calves. […] Read more

Beef Cattle, Livestock, Markets

Klassen: Patient buyers await lower feeder market

By Jerry Klassen, GFM Network News October 10, 2016

Patience is a virtue, the old saying goes. Unlike the past few years, feedlot operators have been rewarded for waiting and there is no clear signal the market has any incentive to deviate from the current direction. Western Canadian feeder markets were trading $5-$8 below week-ago levels as larger numbers come onstream in all weight […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market experiences mixed tone

By Jerry Klassen, GFM Network News September 27, 2016

Western Canadian feeder cattle markets experienced a diverse tone across the Prairies, with notable buying interest surfacing on yearlings. Compared to seven days earlier, prices for yearlings in southern Alberta were $5-$7 higher on average, as feedlots focused on purchasing local cattle. In southern Alberta, larger-frame lower-flesh black steers weighing 900 lbs. were quoted at […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market stabilizes

By Jerry Klassen, GFM Network News September 20, 2016

Western Canadian feeder cattle prices traded steady to $5 higher over the past week largely due to stronger U.S cattle markets. Alberta packers were relatively quiet but fed cattle prices in the U.S. southern Plains jumped US$5, reaching US$110. This sudden reversal caused Canadian feedlot operators to hold out for higher prices and the positive […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market drops on fed cattle weakness

By Jerry Klassen, GFM Network News September 12, 2016

Alberta packers were buying fed cattle in the range of $128-$130 this past week — the lowest levels since December 2013 and down nearly $18 from a month ago. Weekly beef production continues to defy expectations, bludgeoning feeding margins across the Prairies. Western Canadian feeder cattle markets were quick to respond, trading $8-$10 below week-ago […] Read more

Cattleman’s Corner, Markets

Lower meat prices attract consumers

It’s still going to be a slow fall for prices, although expected to pick up in 2017

By Jerry Klassen September 9, 2016

Cattle prices appear to be stabilizing as the market absorbs the surge in third-quarter beef production. Alberta packers have been buying fed cattle in the range of $145 to $148 in August while prices in the U.S. Southern Plains have been hovering around US$120. Wholesale beef prices have also held value, enhancing margins for packers. […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market softens

By Jerry Klassen, GFM Network News September 6, 2016

Hope deferred makes the heart sick, goes the old proverb, and there is no greater example than in the cattle complex. Placid feedlot operators watched in dismay as fed cattle sold in the range of $133-$135 this past week, down approximately $6 from week-ago levels and $10 below breakeven pen closeout values. The stomach-churning fed […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market stable but demand remains soft

By Jerry Klassen, GFM Network News August 30, 2016

Comments from the country this week suggested the market was slightly firmer than week-ago levels. However, market reports stated prices were relatively unchanged and actually softened late in the week. The old saying that even a priest lies about his car’s gas mileage applies to overly optimistic cattlemen trying to bolster market enthusiasm. Feedlot margins […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market establishes defensive tone

By Jerry Klassen, GFM Network News August 23, 2016

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels although a softer tone was noted late in the week. After two weeks of slightly higher values, buyers took on the attitude of cutting one’s coat according one’s cloth. Each cattle feeder appears to have his or her own view of the market and […] Read more

GFM Network News

Farmers, traders ‘flying blind’ as U.S. shutdown blocks key crop data

U.S. livestock: Feeder cattle rise to new highs on tight supply, strong cash prices

U.S. grains: Soybeans slip on profit-taking, China trade worries

Tag Archives fed cattle

Klassen: Feeder market lacks buying interest

Klassen: Feeder market aggressively searches for demand

Klassen: Patient buyers await lower feeder market

Klassen: Feeder cattle market experiences mixed tone

Klassen: Feeder market stabilizes

Klassen: Feeder market drops on fed cattle weakness

Lower meat prices attract consumers

Klassen: Feeder market softens

Klassen: Feeder market stable but demand remains soft

Klassen: Feeder market establishes defensive tone

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