(Photo courtesy Canada Beef Inc.)

Klassen: Limited buying interest softens feeder market

Just when I thought feeder cattle prices were stabilizing, once again the unexpected occurs. A sharp rally in U.S. grain futures, along with weaker fed cattle prices, caused western Canadian feeder cattle to trade $6-$12 lower compared to week-ago levels. Auction markets reported limited buying interest, with often only two or three larger feedlots stepping […] Read more



(Canada Beef Inc. photo)

Klassen: Feeder cattle markets remain sluggish

Compared to last week, Canadian feeder cattle prices were steady to $5 lower across the Prairies while lighter-weight categories suffered a week-over-week decline of $4 to $6. Feedlots were a bit more aggressive on yearlings as quality backgrounded cattle are starting to dwindle at this time of year. A larger group of larger-frame lower-flesh Simmental […] Read more






(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market adjusting to various factors

Western Canadian feeder markets experienced a mixed volatile tone over the past week. Replacement cattle over 800 lbs. were $3 lower to $8 higher on average, while lighter weight categories traded $10 lower to $10 higher in comparison to week-ago levels. Larger volumes of backgrounded yearling cattle are coming on the market at this time […] Read more



Good idea to contract fall calves

Market Update with Jerry Klassen

Western Canadian fed cattle prices have held value throughout the first quarter of 2016 with Alberta values ranging from $175 to $178 per cwt. Feeding margins remain in negative territory on current pen closeouts, which has caused market-ready supplies to back up in the country. Carcass weights are running sharply above last year as feedlot […] Read more