
Tag Archives Feedlot

Klassen: Stronger demand drives feeder market
Compared to last week, western Canadian yearling prices were $3 to as much as $6 higher, but calf prices were relatively unchanged. Major feedlot operators were very aggressive on heavier calves and yearlings weighing 700-850 lbs. Yearlings over 850 lbs. were also well bid but not as strong as their lighter-weight counterparts. Feed barley prices […] Read more

Feed weekly outlook: Prices dropping off over past month
MarketsFarm — While prices for Canadian feed grains are quite higher than they were a year ago, high-delivered bids for feed grains have seen a slight drop-off over the past month. “Demand has just fallen off a little bit,” Glen Loyns, general manager of JGL Commodities at Moose Jaw, said. “Farmers are either getting down […] Read more

Feed weekly outlook: Wheat stocks should limit barley’s further upside
MarketsFarm — Feed barley bids in Western Canada remain strong, although ample wheat supplies should limit the upside heading into the new growing season. Feed barley in the Lethbridge region of southern Alberta is currently trading at around $305-$310 per tonne, according to Jim Beusekom of Market Place Commodities. Prices for delivery later in the […] Read more

Klassen: Uncertain feed grain market weighs on feeder cattle
Compared to last week, western Canadian feeder cattle prices were quite variable. Certain reports had yearling markets trading $3 on either side of unchanged while in southern Alberta, prices were down $2-$4 on average. Calves weighing 600 to 750 lbs. were $4 lower to $4 higher and feeders under 600 lbs. were steady to $3 […] Read more

Feed weekly outlook: High barley prices to stay awhile
MarketsFarm — The price of feed barley in Western Canada, along with those of other feed grains such as corn and wheat, has jumped over the past year and shows no signs of a drop-off. Mike Fleischhauer of Eagle Commodities in Lethbridge said international demand — especially in China, Japan and India — has grown […] Read more

Klassen: Deferred live cattle futures pull feeder market higher
Compared to last week, western Canadian yearling markets traded $5 lower to $3 higher while calves under 600 lbs. were $2 to as much as $7 higher. Yearlings were somewhat sluggish in the eastern Prairie regions, as feedlot operators in Alberta focused on local cattle. Fleshier backgrounded cattle are coming on the market at this […] Read more

Klassen: Steady demand supports feeder cattle prices
Compared to last week, western Canadian yearling prices were unchanged while calves were steady to $2 higher on average. Auction barns received larger supplies of backgrounded cattle and there was a fair amount of direct trade of yearlings off farm. Larger supplies of heavier-weight feeders appeared to limit the upside but there was no slippage. […] Read more

U.S. livestock: Live cattle, lean hogs end lower on profit-taking
March feeder cattle also lower
Chicago | Reuters — U.S. live cattle futures fell on Wednesday in a light profit-taking setback following a four-session climb, and on spillover weakness from declines in Wall Street equity markets, traders said. However, continued strength in wholesale beef prices and expectations of higher cash cattle prices this week underpinned the market. Chicago Mercantile Exchange […] Read more

U.S. livestock: Feeder cattle gain from falling feed prices
Live cattle, lean hog futures also up
Chicago | Reuters — CME Group feeder cattle futures rose on Friday, bolstered by falling corn futures. March feeder cattle gained five cents to settle at 144.15 cents, adding 9.575 cents for the week — a 7.1 per cent gain as corn fell 5.8 per cent, its biggest drop since the week ending March 20, […] Read more

Feed weekly outlook: Barley, wheat prices very likely to increase
Increases seen tied to rising U.S. corn
MarketsFarm — Two Alberta traders believe strong feed grain prices will continue to push higher over the next week of January, with much of the upswing tied to the rise in corn prices in the U.S. “As corn edges higher, becoming the preferred direct replacement to barley, your barley floor comes up and wheat starts […] Read more
Grainews is written for farmers and often by farmers. It is about putting theory into practice on the farm. Each issue also features Cattleman’s Corner for cow-calf producers and farmers with mixed cattle and grain operations.