Feedlot Archives - Page 13 of 27

Feed weekly outlook: Buyers not looking to make purchases

By GFM Network News February 6, 2020

MarketsFarm — Feed grain prices were beginning to soften as many buyers don’t have a major need to purchase from growers, said Nelson Neumann, senior trader for Agfinity in Stony Plain, Alta. “There’s still obviously a demand, but buyers are pretty well covered for the February-March timeframe. That’s a window where a lot of growers […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market lacks buying interest

By Jerry Klassen, GFM Network News January 29, 2020

Compared to last week, western Canadian feeder cattle markets traded $2-$5 lower on average. Values in Alberta were relatively unchanged but markets in the eastern Prairie regions appeared to trade $4 to as much as $6 below week-ago levels. Alberta yearlings were relatively unchanged, but noticeable slippage was noted in the non-major feeding regions. Feedlots […] Read more

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

Beef Cattle, Finishers, Livestock, Markets

Klassen: Large feedlot inventories lower feeder demand

By Jerry Klassen, GFM Network News January 21, 2020

Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged and mid-weight feeders (600-850 lbs.) were steady to $2 lower, but calves under 600 lbs. were unchanged to as much as $10 lower. Prices were quite variable across the Prairies, which made the market hard to define. The market appeared […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market starts 2020 on steady tone

By Jerry Klassen, GFM Network News January 14, 2020

Compared to last week, short-keep replacement cattle and feeders in the mid-weight categories were steady to $3 lower on average; feeder cattle under 600 lbs. traded $2 lower to as much as $5 higher. Featherlight calves remain strong trading at similar levels to late December. Most auction markets resumed their regular sales schedules last week. […] Read more

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

Livestock, Markets, Reuters

U.S. livestock: Cattle rise on firm cash market, harsh Plains weather

By GFM Network News January 10, 2020

Chicago | Reuters — U.S. live cattle futures climbed to the loftiest levels of the week on Friday on expectations for higher cash cattle sales at Plains feedlot markets and as harsh weather in parts of the region increased stress on the animals. Some feedlot cattle in the central and northern Plains have traded at […] Read more

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

Livestock, Markets, Reuters

U.S. livestock: Cattle rally on tightening supplies, strong cash market

By GFM Network News January 6, 2020

Chicago | Reuters — U.S. live cattle futures jumped by as much as two per cent on Monday and feeder cattle futures rose by up to three per cent, propelled by strong cash market prices and tightening supplies of animals, analysts said. A $2 jump in cash cattle prices at southern Plains feedlot markets late […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market remains firm

By Jerry Klassen, GFM Network News December 31, 2019

Feeder cattle markets experienced light volumes during the final week of December and prices were relatively unchanged compared to week-ago levels. Yearling values were slightly softer, as these cattle will not have enough time to be ready for the April fed market. Buying interest for mid-weight categories was characterized as sluggish, while light-weight bawlers were […] Read more

In southern Alberta, Simmental based steers weighing 510 pounds were quoted at $230 in mid-November while black heifers were valued at $195. It’s looking like feast-or-famine beef production in early 2020.

Cattleman’s Corner, Cow-Calf, Markets

Calf prices will be sideways into 2020

Market Update with Jerry Klassen: Both the U.S. and Canada produced smaller calf crops in 2019

By Jerry Klassen December 5, 2019

Alberta packers were paying $142 to $144 on a live basis in mid-November, relatively unchanged from last month’s average price. While Alberta prices have traded in a sideways range, fed cattle values south of the border have been percolating higher. In Nebraska, fed cattle were trading in the range of $114 to $116, up from […] Read more

CME February 2020 live cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Livestock, Markets, Reuters, Weather

U.S. livestock: Live cattle touch seven-month peak on weather woes

By GFM Network News November 26, 2019

Chicago | Reuters — U.S. live cattle futures closed higher on Tuesday, recording a seven-month high on expectations that a winter storm this week would slow the movement of cattle to beef packing plants and possibly curb the ability of feedlot cattle to gain weight, traders said. A powerful snowstorm swept across Colorado and into […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market consolidation continues

By Jerry Klassen, GFM Network News November 12, 2019

Western Canadian feeder cattle markets were unchanged from week-ago levels. Larger pre-sort calf sales were held across the prairies. Buying interest was barely sufficient to support the market at the current levels. The risk tolerance shifted from medium to low this past week. Discounts appeared to be more severe on unweaned and unvaccinated calves. Colder […] 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

Feed weekly outlook: Buyers not looking to make purchases

Klassen: Feeder market lacks buying interest

Klassen: Large feedlot inventories lower feeder demand

Klassen: Feeder market starts 2020 on steady tone

U.S. livestock: Cattle rise on firm cash market, harsh Plains weather

U.S. livestock: Cattle rally on tightening supplies, strong cash market

Klassen: Feeder market remains firm

Calf prices will be sideways into 2020

U.S. livestock: Live cattle touch seven-month peak on weather woes

Klassen: Feeder cattle market consolidation continues

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