Feedlot Archives - Page 14 of 27

Second-quarter beef production to affect market

Market Update with Jerry Klassen: Tighter U.S. supplies will continue until April, then the tide will turn

By Jerry Klassen November 7, 2019

Alberta fed cattle prices were trading in the range of $136 to $139 during the war half of September, while in mid- to late October Alberta packers were buying fed cattle in the range of $143 to $145. Although fed cattle prices have ratcheted higher, yearling and calf markets are relatively unchanged. In central Alberta, […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market stabilizes

By Jerry Klassen, GFM Network News October 29, 2019

Compared to last week, Western Canadian feeder cattle markets traded $2 to $3 on either side of unchanged. Most auction barns held feature sales over the past week and steady demand was noted across the prairies. Calves appeared to gain momentum late in the week with favorable weather enhancing buying interest; however, yearlings were quite […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market experiences bouncing behaviour

By Jerry Klassen, GFM Network News October 22, 2019

Compared to last week, western Canadian yearling markets traded $2-$4 higher on average; calves traded $2 to as much as $6 higher. The feeder market has recovered after a softer tone earlier in October. Favourable weather in southern Alberta over the past week caused Lethbridge-area feedlots to step forward more aggressively, especially in the lighter […] Read more

While yearling prices have been very strong, calf prices are trading $10 to $15 lower than a year ago.

Cattleman’s Corner, Livestock, Markets

Calf prices below year-ago levels

Market Update with Jerry Klassen: Seek price protection if you're backgrounding calves this winter

By Jerry Klassen October 18, 2019

Western Canadian feedlot margins have hovered in negative territory throughout the summer and early fall. In late September, Alberta packers were buying fed cattle on a dressed basis in the range of $231 to $232; live bids were quoted from $136 to $139. Recent prices are about $15 to $20 below break-even pen closeout values. […] Read more

Finishers, Livestock, Markets

Klassen: Limited harvest progress weighs on feeder cattle

By Jerry Klassen, GFM Network News October 15, 2019

Compared to last week, western Canadian feeder cattle markets were down $2 to as much as $8 in some cases. A fortuitous bounce in the barley market resulted in a softer tone for replacement cattle. It appears that the Canadian barley crop will be smaller than earlier anticipated and some of the crop will likely […] Read more

Finishers, Livestock, Markets

Klassen: Adverse weather tempers feeder market

By Jerry Klassen, GFM Network News October 8, 2019

Compared to last week, western Canadian feeder cattle markets traded $3-$5 lower. Excessive snow in Alberta and ongoing rains across Manitoba and Saskatchewan set a negative tone. The market appeared to incorporate a risk discount, although many auction barns had limited numbers on offer. Buyers once again focused on local cattle and avoided transportation over […] Read more

Finishers, Livestock, Markets

Klassen: Yearling prices remain firm

By Jerry Klassen, GFM Network News September 30, 2019

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

Finishers, Livestock, Markets

Klassen: Feeder market experiences softer demand

By Jerry Klassen, GFM Network News September 18, 2019

Compared to the previous week, western Canadian yearling markets traded $4-$6 lower on average; calves were down $5 to as much as $10 in some cases. U.S. feeder cattle markets were also down $5-$8 from seven days earlier. The extended period of negative feeding margins appears to be taking a toll on the feeder market. […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market recovers

By Jerry Klassen, GFM Network News August 27, 2019

Compared to last week, western Canadian yearling markets traded $4-$6 higher on average; some packages in Alberta sold $8 to as much as $10 above week-ago levels. Larger feedlot operations were very aggressive on 750- to 900-pounders. The quality of yearlings is excellent at this time of year. Comments from the front row suggest most […] Read more

Barley south of Ethelton, Sask. in early August 2017. (File photo by Dave Bedard)

Barley, Crops, Markets

Feed weekly outlook: Grain prices back off previous highs

By GFM Network News July 10, 2019

MarketsFarm — Feed barley prices have come down from June highs, which saw prices around $300 per tonne. Currently, feed barley is around $275-$280 as market participants anticipate arrival of new crops. However, demand for feed grains remains high, as “we’re still dealing with a full feedlot,” said Brandon Motz of CorNine Commodities at Lacombe, […] 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

Second-quarter beef production to affect market

Klassen: Feeder cattle market stabilizes

Klassen: Feeder market experiences bouncing behaviour

Calf prices below year-ago levels

Klassen: Limited harvest progress weighs on feeder cattle

Klassen: Adverse weather tempers feeder market

Klassen: Yearling prices remain firm

Klassen: Feeder market experiences softer demand

Klassen: Feeder cattle market recovers

Feed weekly outlook: Grain prices back off previous highs

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