Feedlot Archives - Page 10 of 27

Klassen: Feeder market remains under pressure

Pre-election commodity trading in 'risk-off' mode

By Jerry Klassen, GFM Network News November 3, 2020

Compared to last week, western Canadian feeder cattle markets traded $2-$5 lower on average; calves under 650 lbs. appeared to trade $3-$8 lower with significant pressure on the weight category between 550 and 650 lbs. Moderate demand surfaced on quality yearlings but major operations appeared to back away from the cattle in the heavier weight […] Read more

CME December 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Live cattle futures jump on tightening supplies

Lower wholesale pork values drag on hogs

By Julie Ingwersen, GFM Network News October 29, 2020

Chicago | Reuters — U.S. live cattle futures closed higher on Thursday on expectations that tight cattle supplies and rising demand for beef will buoy cash cattle markets, analysts said. Cash cattle traded lightly in the southern Plains this week at $106/cwt, the U.S. Department of Agriculture reported, even with last week (all figures US$). […] Read more

Finishers, Livestock, Markets

Klassen: Rising feed grains pressure feeder market

By Jerry Klassen, GFM Network News October 6, 2020

Compared to last week, western Canadian yearling markets traded $3-$6 lower with some reports showing prices as much as $10 lower. Calves traded $2-$4 below week-ago levels; however, the market will be more defined next week, with many auction barns scheduling feature calf sales in the major feeding areas of Alberta. Feeding margins in the […] Read more

Finishers, Livestock, Markets

Klassen: Quality features influence feeder cattle prices

By Jerry Klassen, GFM Network News September 23, 2020

Western Canadian yearling markets have traded in a sideways range over the past couple of weeks; major feedlot operators have been aggressive for 800-pound-plus feeders just off grass because these cattle are most efficient and therefore, most profitable. Grass yearlings were quoted steady to as much as $5 higher this past week. Backgrounded yearlings were […] Read more

Barley. (Photo courtesy Canada Beef Inc.)

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Prices stronger after harvest

By GFM Network News September 17, 2020

MarketsFarm — Feed grain prices have been higher as the harvest has concluded across most of the Canadian Prairies. “It feels like last week and this week, the harvest has wrapped up in many areas,” said Allen Pirness, a trader with Market Place Commodities in Lethbridge. “That should switch the focus for getting the crop […] Read more

Beef Cattle, Cattleman’s Corner, Markets

Contracting supplies improve cattle outlook

Aside from seasonal ups and downs, the trend is upward

By Jerry Klassen September 10, 2020

During the last week of July, Alberta packers were buying fed cattle on a live basis in the range of $134 to $135 f.o.b the feedlot. The weekly slaughter pace on both sides of the border has been running similar to year-ago levels over the past few weeks. The backlog of market-ready supplies is slowly […] Read more

Finishers, Livestock, Markets

Klassen: Yearling demand remains firm

By Jerry Klassen, GFM Network News August 18, 2020

Compared to last week, western Canadian yearlings fresh off grass traded steady to $2 higher; backgrounded yearlings were relatively unchanged. The calf market was too thin to quote. Major feedlot operators set the price structure and were once again very aggressive. While many feedlots are backed up with market-ready supplies of fed cattle, some feedlots […] Read more

CME September 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Finishers, Livestock, Markets

Klassen: Strong demand underpins yearlings

By Jerry Klassen, GFM Network News August 4, 2020

Compared to last week, yearlings traded steady to $4 higher on average; calves traded $2-$4 lower, although light volumes made the market hard to define. All eyes were on feeder cattle futures, which closed up nearly $4 for the week. This set the direction in Western Canada. Auction barns in Manitoba and Saskatchewan remain in […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market searching for direction

Feedlots expecting barley prices to drop

By Jerry Klassen, GFM Network News July 7, 2020

Western Canadian feeder cattle prices continue to trade in a sideways pattern. Compared to last week, prices were quoted $2-$3 on either side of unchanged. Most auction barns were on holidays last week and arenas that did hold sales experienced limited volumes. Therefore, the market was hard to define. U.S. feeder cattle markets were steady […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market experiences mixed tone

By Jerry Klassen, GFM Network News June 30, 2020

Compared to last week, western Canadian feeder cattle sold $2 higher to as much as $4 lower. Larger groups of uniform cattle once again carried a premium but the bulk of feeders were small packages of various quality. Buyers were more aggressive on the 700- to 850-lb. weight categories as they target the fed cattle […] Read more

GFM Network News

U.S. livestock: CME cattle tick lower in thin pre-holiday trade

U.S. grains: Wheat extends gains on short covering, war risk

Prairie forecast: Plenty more chances for snow over Holidays

Tag Archives Feedlot

Klassen: Feeder market remains under pressure

U.S. livestock: Live cattle futures jump on tightening supplies

Klassen: Rising feed grains pressure feeder market

Klassen: Quality features influence feeder cattle prices

Feed weekly outlook: Prices stronger after harvest

Contracting supplies improve cattle outlook

Klassen: Yearling demand remains firm

Klassen: Strong demand underpins yearlings

Klassen: Feeder cattle market searching for direction

Klassen: Feeder cattle market experiences mixed tone

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