(Photo courtesy Canada Beef Inc.)

Klassen: Yearling prices remain firm

Compared to last week, western Canadian yearling markets were relatively unchanged with the exception of southern Alberta where 800-plus-lb. feeders traded $5 to as much as $8 higher. Strength in deferred live cattle futures and weakness in barley prices were the main factors driving demand in the Lethbridge area. The U.S. Department of Agriculture’s bullish […] Read more





Three main factors will weigh on calf prices this fall.

Beef demand heads into the slow months

Market Update with Jerry Klassen: Be prepared, as the high yearling market only has one way to go

Alberta packers were buying fed cattle in the range of $140 to $143 during the first half of September. The market has come under pressure due to the year over year increase in market-ready feed supplies. In addition to the higher beef production, beef demand is moving through a seasonal low. During September and October […] Read more




CME December 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle hit multi-week highs on flat to higher cash trade expectations

Chicago | Reuters — U.S. live cattle futures touched six-week highs and feeder cattle exceeded seven-week highs on Tuesday as traders projected cash prices will remain steady or rise, after strengthening last week. Feeder cattle are trading above where they were before a fire at a Tyson Foods slaughterhouse last month removed a key buyer […] Read more